Pariti has raised $2.85 million seed fund

Date:

Share post:

Pariti was founded by Yacob Berhane and Wossen Ayele in 2019. This past year, CEO Yacob Berhane said the company has grown 795% and attributed this growth to the pandemic and how the African tech ecosystem has hit an inflection point, minting half a dozen unicorns within this period.

Pariti is a platform that empowers businesses with tools and expertise and provides expert freelancers with a platform to develop their careers.

Pariti, the Kenya-based community-led marketplace building the digital infrastructure for startup ecosystems in emerging markets, has raised $2.85 million seed, the company confirmed to TechCrunch today.

The round was led by U.S.-based Harlem Capital. In Africa, it’s the first deal of the diversity-focused fund that secured $134 million for its second fund earlier this year. Other investors — Better Ventures, Accelerated Ventures, Diverse Angels, AVG Basecamp, and New General Market Partners participated.

Pariti has over 880 companies across 42 countries on its platform, up from 500 early this year. But Berhane does not share any other numbers to reflect the progress from the 100 freelance experts and 60 investors TechCrunch reported in March.

Addis Insight
Addis Insighthttps://addisinsight.net/
Addis Insight is Ethiopia’s fastest growing digital news platform, providing consumers with the latest news from Ethiopia and its diaspora. We provide marketers with innovative opportunities to leverage our stories and overall brand with a fiercely curious and highly engaged audience.
spot_img

Related articles

World Bank Approves $700 Million Boost for Ethiopia’s Financial Sector

WASHINGTON, December 19, 2024 – Ethiopia’s financial system is set to receive a transformative boost following the World...

Amhara Bank Urges Local Banks to Merge Amid Foreign Banks’ Entry

On December 18, 2024, Ethiopia's parliament ratified a landmark banking proclamation allowing foreign banks to operate within the...

National Bank of Ethiopia Launches Platform for Customer Complaints

Addis Ababa, Ethiopia The National Bank of Ethiopia (NBE) has introduced an online platform and a dedicated hotline (7230)...

U.S. Urges Ethiopia to Remove Implicated Officials—Ambassador Beth Van Schaack Calls for Accountability

In a recent press briefing organized by the U.S. Department of State’s Africa Regional Media Hub, Ambassador Beth...