Egypt’s bluworks raised $1 M Pre-seed funding from VC firm Khawarizmi Ventures
Summary
In the end, this entails automating different HR and operational duties to assist businesses in cost optimization and data-driven decision-making.For businesses that hire blue-collar workers, bluworks provides an integrated platform that connects operations, HR, and the workforce in order to aggregate and gather data points.Over 50 million blue-collar workers reside in the Middle East and Africa. Since the process of managing this type of workforce is so manual, errors frequently occur, leading to penalties and deducted salaries with no oversight from the workers, causing them to leave and ultimately contributing to high turnover rates. With intentions to diversify into other industries like manufacturing, construction, and facility management, the company is currently concentrating on the retail and food and beverage sectors.Having a strong workforce is integral to building and fortifying sustainable businesses, Osman says. There is no shortage of industry use cases similar to Egypt around the world, and we are eager to tackle them with our innovative workforce management solutions.Egypt has one of the largest workforce populations in the MENA and Africa region; however, there are very few software solutions that are truly localised, Venture Partner at Khwarizmii Ventures Ameer Sherif notes. We believe that the bluworks team has the right mix of local understanding, and commercial and technical capability to lead this space in Egypt and later in other regional markets.