OfferZen Secures €4m Pre-series B Funding
OfferZen Secures €4m Pre-series B Funding. OfferZen has announced that it has closed €4m in funding from investors. The company knew fundraising was going to be tough as its timing of the market wasn’t exactly ideal. Its new subscription model was working and showing rapid growth. But the company is also selling recruitment services at a time when many companies in the tech industry are doing layoffs.
Despite these conditions, the company managed to raise €4m from two investors who share its long-term vision. The first is Invenfin, with partners Peter van der Zee and Theo van den Berg (early Bolt investors). The second is AI Capital, whose partners include: Roger Grobler, who is the founder of multiple tech and insurance companies; Nic Kohler, who is the former CEO of Hollard insurance; Willem Roos, who is the founder of Outsurance and former CEO of Rain Telco Michael Jordaan, who is the former CEO of FNB and founder of Montegray Capital.
After being CEO for 3 years, Philip Joubert officially handed over the reins to Matt Beck. Matt first joined OfferZen as the VP of Marketing in 2021 and according to the company he has not only done a great job leading that team, but also levelling up the whole business for scale. OfferZen was launched with a model that flips the traditional recruitment approach – instead of developers applying to companies, companies reach out to developers. This has served the company’s customers well so far as it has helped more than 6000 software developers find great job opportunities.
OfferZen is a job marketplace that helps companies hire South African developers: Every week, over 2000 companies in South Africa and beyond reach out directly to over 1000 job-seeking developers.
