Egypt-Based HR Startup bluworks Closes $1 Million Pre-Seed Round
The HR tech startup streamlines vetting, hiring, training, and management processes through software implementation.
Egypt-based SaaS startup bluworks has raised $1 million in a pre-seed investment round led by Saudi venture capital firm Khawarizmi Ventures, injecting the company with vital capital for its continued development. bluworks provides HR tech services that focus on managing the lifecycle of blue-collar employees in a myriad of sectors, currently specialising in F&B and retail. The goal of HR tech is ultimately to automate various HR tasks, streamlining company operations and reducing costs.
bluworks already manages accounts with thousands of workers on its platform, working with clients such as Crave and Cilantro to collect and capitalise on data from workers. With one of the largest blue-collar workforce population in the MENA region, Egypt is an ideal location for a startup such a bluworks - millions of workers means vast amounts of vetting, hiring, training, and management of workforces. As the only such regional startup in this specialised field, bluworks fills a niche in automation in this emerging market.
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