About OfferZen
OfferZen is a company based in Cape Town (South Africa) founded in 2015. It operates as a Two-Sided Marketplace, and Subscription Services. OfferZen has raised $9.37 million across 2 funding rounds from investors including Invenfin, AI Capital and Base Capital. OfferZen offers products and services including Developer Job Marketplace, OfferZen Embedded, and OfferZen Contracting. OfferZen operates in a competitive market with competitors including Hired, Vettery, Youth4work, Talent and Scouted, among others.
- Headquarter Cape Town, South Africa
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Sectors
Technology
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Email
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Phone
*********
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Website
*********
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Social
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$9.37 M (USD)
in 2 rounds
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Latest Funding Round
$4.3 M (USD), Series A
Jan 29, 2024
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Investors
Invenfin
& 2 more
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Employee Count
Employee Count
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Products & Services of OfferZen
OfferZen offers a comprehensive portfolio of products and services, including Developer Job Marketplace, OfferZen Embedded, and OfferZen Contracting. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
A platform connecting developers with hiring companies.
Hands-on recruitment support for busy tech teams.
Service for hiring vetted engineers on contracts.
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Funding Insights of OfferZen
OfferZen has successfully raised a total of $9.37M across 2 strategic funding rounds. The most recent funding activity was a Series A round of $4.3 million completed in January 2024. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 2
- Last Round Series A — $4.3M
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First Round
First Round
(01 Dec 2021)
- Investors Count 3
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jan, 2024 | Amount | Series A - OfferZen | Valuation | Invenfin , AI Capital |
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| Dec, 2021 | Amount | Series A - OfferZen | Valuation | Base Capital |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in OfferZen
OfferZen has secured backing from 3 investors, including venture fund investors. Prominent investors backing the company include Invenfin, AI Capital and Base Capital. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Growth equity investments are made by sector-agnostic corporate-backed VC firm.
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Founded Year | Domain | Location | |
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Base Capital is engaged in global investment across various stages.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by OfferZen
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - OfferZen
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Offerzen Comparisons
Competitors of OfferZen
OfferZen operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Hired, Vettery, Youth4work, Talent and Scouted, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Pre-assessed tech candidates are matched with job opportunities online.
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| domain | founded_year | HQ Location |
Pre-assessed candidates are connected to job opportunities via online marketplace.
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| domain | founded_year | HQ Location |
Cloud-based platform for job assessments and employer recruitment is offered.
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| domain | founded_year | HQ Location |
Tech professionals are matched with employers via a recruitment platform.
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| domain | founded_year | HQ Location |
Pre-vetted entry-level candidates are sourced for organizations using analytics.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Offerzen
Frequently Asked Questions about OfferZen
When was OfferZen founded?
OfferZen was founded in 2015 and raised its 1st funding round 6 years after it was founded.
Where is OfferZen located?
OfferZen is headquartered in Cape Town, South Africa. It is registered at Cape Town, Western Cape, South Africa.
Is OfferZen a funded company?
OfferZen is a funded company, having raised a total of $9.37M across 2 funding rounds to date. The company's 1st funding round was a Series A of $5.07M, raised on Dec 01, 2021.
What does OfferZen do?
OfferZen is established as South Africas largest tech talent marketplace, connecting top developers with hiring companies across Europe and Africa. The platform is designed to facilitate direct interactions between developers and employers, offering services like job matching, hands-on recruitment support through OfferZen Embedded, and flexible contracting solutions via OfferZen Contracting. Various industries and company sizes are served, ranging from startups to large enterprises, with a focus on tech talent acquisition and career development resources.
Who are the top competitors of OfferZen?
What products or services does OfferZen offer?
OfferZen offers Developer Job Marketplace, OfferZen Embedded, and OfferZen Contracting.
Who are OfferZen's investors?
OfferZen has 3 investors. Key investors include Invenfin, AI Capital, and Base Capital.
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