Kenyan Jobs Platform Fuzu Closes € 1.75 Million Funding Round
Fuzu, a Kenyan startup founded by former Nokia employee has closed a round of funding. The jobs startup is slightly over a year old and started on the promise of connecting people with jobs while also coaching them to prepare for the opportunities that lie ahead. The target was emerging markets
According to Footprint2Africa, Fuzu has since raised EUR 1.75 million in a round by FinnFund, Borana, Polkini among other investors. The company sees growth opportunity in the rest of Africa and Asia to expand to. Currently has 180,000 users.
“Our vision is to provide hope to millions of users with a digital service that continuously encourages them to fulfil their potential and prepares for alternative career paths, from formal employment to entrepreneurship and self-employment,” says CEO of Fuzu Limited Jussi Hinkkanen.
Fuzu has not managed to get from under the main players in the jobs portal business, LinkedIn and Brighter Monday but it will be interesting to see if the new round gets them a leg up.