Tech Company Financing Transactions
Workpay Funding Round
Norrsken22, Acadian Ventures and Axian invested in a $5 million Series A venture round for Workpay. The round was announced on 8/22/2024.
Transaction Overview
Company Name
Announced On
8/22/2024
Transaction Type
Venture Equity
Amount
$5,000,000
Round
Series A
Investors
Proceeds Purpose
The company intends to use the funds to expand across the continent and build out its financial services provision.
Company Information
Company Status
Private & Independent
Industry
HRTech
Mailing Address
7th floor, West Park Towers Mpesi Lane, Westlands
Nairobi, Undisclosed
KE
Nairobi, Undisclosed
KE
Phone
Undisclosed
Website
Email Address
Overview
We're all about efficiency and productivity at the workplace. While running our software company a few years back, our founders saw an opportunity in the people space that would enable companies in Africa to hire, manage and pay their teams efficiently. An opportunity to enable employers to handle HR, payroll and compliance across multiple countries in Africa from one platform. Our mission is to empower businesses to manage and pay their employees on time every time.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Paul Kimani
Chief Operating Officer
Jackson Kibigo
Chief Technical Officer
David Kariuki
VP - Sales
Nikhilesh Kaul
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Where The Data Comes From
We do our best to document every notable VC transaction. VC transactions reported here are sourced from news reports and company announcements. The data comes to us via our partnership with VentureDeal.com, an affiliated venture.
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