Giraffe, a South African revolutionary online recruitment startup, has announced it has raised funds from a Silicon Valley investor in a seed funding round.
The funds will be used to support the expansion of Giraffe’s platform and to help it scale in order to reach broader positive impact in South Africa.
“Omidyar Network’s focus on job creation and particular expertise in marketplace networks makes them an excellent strategic fit for Giraffe,” said Anish Shivdasani, CEO and co-founder of Giraffe.
He added, “We’re very proud to have a Silicon Valley investor supporting a South African company, especially at this troubled time of prevailing economic malaise.”
Giraffe’s automated mobile recruitment app enables businesses to recruit medium-skilled staff faster and cheaper than any other way, and connects medium-skilled jobseekers with opportunities for free.
By doing so, Giraffe aims to help reduce unemployment in South Africa. To recruit staff, employers can submit a simple staff request online.
Giraffe then uses an intelligent matching algorithm to source, screen, and schedule interviews with qualified candidates, contacting them via SMS — all within 48 hours from the initial request and for a fraction of the cost of other recruitment services.
“Giraffe is filling a critical gap within the South African job market, which is helping medium-skilled jobseekers connect with potential employers, and doing it with a technology-enabled platform that brings intelligence and efficiency to the process,” said Charmaine Padayachy, principal, Investments, Omidyar Network.
A chunk of the US$500,000 equity investment grand prize it won at the Seedstars World finals back in March – the startup beat 63 competing startups from 55 countries around the world – will also contribute to this seed investment round.
The seed investment round was led by Silicon Valley-based VC fund Omidyar Network, established by eBay founder Pierre Omidyar.
Giraffe’s focus on technology-driven innovation to address the rampant unemployment among medium-skilled workers in South Africa and its ever-improving, customer-centric platform are among the features that stands it out, like a giraffe, from the others.
Since launching in Johannesburg in February 2015, Giraffe has attracted over 90,000 job-seekers and has scheduled several thousand candidates for interview, primarily for permanent jobs in retail, call centre, transportation, and administrative services.