{"id":628414,"date":"2018-05-03T04:07:56","date_gmt":"2018-05-03T04:07:56","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2018\/05\/03\/wuzzuf-and-forasna-raise-usd-6-mn-in-series-b-funding\/"},"modified":"2018-05-03T04:07:56","modified_gmt":"2018-05-03T04:07:56","slug":"wuzzuf-and-forasna-raise-usd-6-mn-in-series-b-funding","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2018\/05\/03\/wuzzuf-and-forasna-raise-usd-6-mn-in-series-b-funding\/","title":{"rendered":"Wuzzuf and Forasna raise USD 6 mn in Series B funding"},"content":{"rendered":"<p><a class=\"content-anchor\" id=\"tldr-story-05\"><\/a> <strong>INVESTMENT WATCH- The VC parade continues as Egypt\u2019s Wuzzuf and Forasna raise USD 6 mn in Series B funding.<\/strong> Job recruitment platforms Wuzzuf and Forasna \u2014 both owned by BasharSoft \u2014 have raised USD 6 mn in Series B funding, <a href=\"https:\/\/www.forbesmiddleeast.com\/en\/egypts-wuzzuf-raises-6-million-in-series-b-funding-from-four-european-and-u-s-vc-funds\/\">Forbes Middle East reports<\/a>. The round was led by the European Bank for Reconstruction and Development through its VC Investment Program, Vostok New Ventures (Sweden), Endure Capital (US) and Kingsway Capital (UK). Wuzzuf, which does white collar jobs, and blue-collar-focused Forasna had previously raised a USD 1.7 mn Series A round in 2015. The news is the latest in a wave of VC funding announcements over the past few weeks. Mass transit platform <a href=\"https:\/\/enterprise.press\/stories\/2018\/04\/24\/swvl-sees-the-largest-funding-round-in-egypt-tech-startup-history\/\">Swvl set a record<\/a> for a Series A funding round in Egypt with USD 8 mn, while online gown rental platform La Reina <a href=\"https:\/\/enterprise.press\/stories\/2018\/05\/02\/gown-rental-platform-la-reina-raises-usd-1-mn-in-in-funding-round\/\">raised USD 1 mn<\/a> in Series A funding, in a round led by Egypt\u2019s Algebra Ventures.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>INVESTMENT WATCH- The VC parade continues as Egypt\u2019s Wuzzuf and Forasna raise USD 6 mn in Series B funding. Job recruitment platforms Wuzzuf and Forasna \u2014 both owned by BasharSoft \u2014 have raised USD 6 mn in Series B funding, Forbes Middle East reports. The round was led by the European Bank for Reconstruction and [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"single-feature.php","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[8572],"tags":[72,2380],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-628414","post","type-post","status-publish","format-standard","hentry","category-speed-round","tag-enterpriseam","tag-speed-round","wpautop","entry"],"acf":{"mongo_id":"65c20c3f-de71-4c09-ad69-36aedfb001f7","order":"0","is_powered_by":true,"section_story_id":"64dbc2a4-6013-46fd-8c36-e29217caade0","story_type":"1","photo_url":"","photo_position":"above","related_issue":[628403],"teaser":"","voice_url":""},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.1 (Yoast SEO v27.1.1) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Wuzzuf and Forasna raise USD 6 mn in Series B funding - EnterpriseAM Egypt<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/enterpriseam.com\/egypt\/2018\/05\/03\/wuzzuf-and-forasna-raise-usd-6-mn-in-series-b-funding\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Wuzzuf and Forasna raise USD 6 mn in Series B funding\" \/>\n<meta property=\"og:description\" content=\"INVESTMENT WATCH- The VC parade continues as Egypt\u2019s Wuzzuf and Forasna raise USD 6 mn in Series B funding. Job recruitment platforms Wuzzuf and Forasna \u2014 both owned by BasharSoft \u2014 have raised USD 6 mn in Series B funding, Forbes Middle East reports. The round was led by the European Bank for Reconstruction and [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2018\/05\/03\/wuzzuf-and-forasna-raise-usd-6-mn-in-series-b-funding\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2018-05-03T04:07:56+00:00\" \/>\n<meta name=\"author\" content=\"enterpriseam admin\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"enterpriseam admin\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/05\/03\/wuzzuf-and-forasna-raise-usd-6-mn-in-series-b-funding\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/05\/03\/wuzzuf-and-forasna-raise-usd-6-mn-in-series-b-funding\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"Wuzzuf and Forasna raise USD 6 mn in Series B funding\",\"datePublished\":\"2018-05-03T04:07:56+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/05\/03\/wuzzuf-and-forasna-raise-usd-6-mn-in-series-b-funding\/\"},\"wordCount\":156,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"keywords\":[\"EnterpriseAM\",\"SPEED ROUND\"],\"articleSection\":[\"Speed Round\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/05\/03\/wuzzuf-and-forasna-raise-usd-6-mn-in-series-b-funding\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2018\/05\/03\/wuzzuf-and-forasna-raise-usd-6-mn-in-series-b-funding\/\",\"name\":\"Wuzzuf and Forasna raise USD 6 mn in Series B funding - 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Job recruitment platforms Wuzzuf and Forasna \u2014 both owned by BasharSoft \u2014 have raised USD 6 mn in Series B funding, Forbes Middle East reports. The round was led by the European Bank for Reconstruction and [&hellip;]","og_url":"https:\/\/enterpriseam.com\/egypt\/2018\/05\/03\/wuzzuf-and-forasna-raise-usd-6-mn-in-series-b-funding\/","og_site_name":"EnterpriseAM Egypt","article_published_time":"2018-05-03T04:07:56+00:00","author":"enterpriseam admin","twitter_card":"summary_large_image","twitter_misc":{"Written by":"enterpriseam admin","Est. reading time":"1 minute"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/enterpriseam.com\/egypt\/2018\/05\/03\/wuzzuf-and-forasna-raise-usd-6-mn-in-series-b-funding\/#article","isPartOf":{"@id":"https:\/\/enterpriseam.com\/egypt\/2018\/05\/03\/wuzzuf-and-forasna-raise-usd-6-mn-in-series-b-funding\/"},"author":{"name":"enterpriseam admin","@id":"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d"},"headline":"Wuzzuf and Forasna raise USD 6 mn in Series B funding","datePublished":"2018-05-03T04:07:56+00:00","mainEntityOfPage":{"@id":"https:\/\/enterpriseam.com\/egypt\/2018\/05\/03\/wuzzuf-and-forasna-raise-usd-6-mn-in-series-b-funding\/"},"wordCount":156,"publisher":{"@id":"https:\/\/enterpriseam.com\/egypt\/#organization"},"keywords":["EnterpriseAM","SPEED ROUND"],"articleSection":["Speed Round"],"inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/enterpriseam.com\/egypt\/2018\/05\/03\/wuzzuf-and-forasna-raise-usd-6-mn-in-series-b-funding\/","url":"https:\/\/enterpriseam.com\/egypt\/2018\/05\/03\/wuzzuf-and-forasna-raise-usd-6-mn-in-series-b-funding\/","name":"Wuzzuf and Forasna raise USD 6 mn in Series B funding - EnterpriseAM Egypt","isPartOf":{"@id":"https:\/\/enterpriseam.com\/egypt\/#website"},"datePublished":"2018-05-03T04:07:56+00:00","breadcrumb":{"@id":"https:\/\/enterpriseam.com\/egypt\/2018\/05\/03\/wuzzuf-and-forasna-raise-usd-6-mn-in-series-b-funding\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/enterpriseam.com\/egypt\/2018\/05\/03\/wuzzuf-and-forasna-raise-usd-6-mn-in-series-b-funding\/"]}]},{"@type":"BreadcrumbList","@id":"https:\/\/enterpriseam.com\/egypt\/2018\/05\/03\/wuzzuf-and-forasna-raise-usd-6-mn-in-series-b-funding\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/enterpriseam.com\/egypt\/"},{"@type":"ListItem","position":2,"name":"Wuzzuf and Forasna raise USD 6 mn in Series B funding"}]},{"@type":"WebSite","@id":"https:\/\/enterpriseam.com\/egypt\/#website","url":"https:\/\/enterpriseam.com\/egypt\/","name":"EnterpriseAM","description":"The State of the Nation","publisher":{"@id":"https:\/\/enterpriseam.com\/egypt\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/enterpriseam.com\/egypt\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/enterpriseam.com\/egypt\/#organization","name":"EnterpriseAM","url":"https:\/\/enterpriseam.com\/egypt\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/enterpriseam.com\/egypt\/#\/schema\/logo\/image\/","url":"https:\/\/ent.news\/internal\/240894.svg","contentUrl":"https:\/\/ent.news\/internal\/240894.svg","caption":"EnterpriseAM"},"image":{"@id":"https:\/\/enterpriseam.com\/egypt\/#\/schema\/logo\/image\/"}},{"@type":"Person","@id":"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d","name":"enterpriseam admin","sameAs":["http:\/\/enterpriseam.testing.projectsarea.com"],"url":"https:\/\/enterpriseam.com\/egypt\/author\/enterpriseam\/"}]}},"featured_image_src":null,"featured_image_src_square":null,"author_info":{"display_name":"enterpriseam admin","author_link":"https:\/\/enterpriseam.com\/egypt\/author\/enterpriseam\/"},"jetpack_featured_media_url":"","jetpack_sharing_enabled":true,"jetpack-related-posts":[{"id":628054,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/06\/24\/correction-14\/","url_meta":{"origin":628414,"position":0},"title":"CORRECTION","author":"enterpriseam admin","date":"24 June 2018","format":false,"excerpt":"CORRECTION- In last week\u2019s Worth Reading on the state of Egypt\u2019s VCs by Wamda, it was incorrectly noted that Vezeeta\u2019s 2016 Series B round held the record in Egypt at USD 5 mn. That record was brokenlast month with BasharSoft\u2019s job recruitment platforms Wuzzuf and Forasna raising USD 6 mn\u2026","rel":"","context":"In &quot;Speed Round&quot;","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":602090,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/03\/18\/founder-of-egyptian-recruitment-platform-wuzzuf-picked-for-wefs-young-global-leader-program\/","url_meta":{"origin":628414,"position":1},"title":"Founder of Egyptian recruitment platform Wuzzuf picked for WEF\u2019s Young Global Leader program","author":"enterpriseam admin","date":"18 March 2019","format":false,"excerpt":"Wuzzuf founder becomes World Economic Forum young global leader: Ameer Sherif, founder and CEO of BasharSoft, the owner of recruitment platforms Wuzzuf (for white collar professionals) and Forasna (for blue collar staff), has joined the World Economic Forum\u2019s Young Global Leader program, MENAbytes reports. Qalaa Holdings\u2019 Hisham El Khazindar was\u2026","rel":"","context":"In &quot;ON YOUR WAY OUT&quot;","block_context":{"text":"ON YOUR WAY OUT","link":"https:\/\/enterpriseam.com\/egypt\/category\/on-your-way-out\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2019\/3\/2150.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":599220,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/06\/23\/swvl-raises-usd-42-mn-largest-ever-funding-round-for-an-egyptian-startup\/","url_meta":{"origin":628414,"position":2},"title":"Swvl raises USD 42 mn, largest ever funding round for an Egyptian startup","author":"enterpriseam admin","date":"23 June 2019","format":false,"excerpt":"STARTUP WATCH- Swvl raises USD 42 mn in the largest-ever funding round for an Egyptian startup: Egypt\u2019s Swvl has raised USD 42 mn in Series B2 funding, the mass transportation startup said in a statement to Menabytes. The round was co-led by Swedish VC Vostok Ventures and Dubai-based BECO Capital,\u2026","rel":"","context":"In &quot;Speed Round&quot;","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2021\/7\/490.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":592061,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/12\/25\/egypt-tops-african-countries-in-vc-transactions-in-2019-says-venture-burn\/","url_meta":{"origin":628414,"position":3},"title":"Egypt tops African countries in VC transactions in 2019, says Venture Burn","author":"enterpriseam admin","date":"25 December 2019","format":false,"excerpt":"Egypt tops African countries in disclosed VC transactions in 2019: Egyptian startups received the biggest number and funding value of venture capital (VC) transactions that went to early-stage African startups in 2019, according to Venture Burn. Egypt accounted for 27% of disclosed transactions by volume and 25% by value. The\u2026","rel":"","context":"In &quot;Speed Round&quot;","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2019\/12\/1210.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":581492,"url":"https:\/\/enterpriseam.com\/egypt\/2023\/02\/12\/pharma-delivery-startup-yodawy-lands-usd-16-mn-in-series-b-funding\/","url_meta":{"origin":628414,"position":4},"title":"Pharma delivery startup Yodawy lands USD 16 mn in series B funding","author":"enterpriseam admin","date":"12 February 2023","format":false,"excerpt":"The startup will use the funding to fuel its regional expansion plans","rel":"","context":"In &quot;Startup watch&quot;","block_context":{"text":"Startup watch","link":"https:\/\/enterpriseam.com\/egypt\/category\/companies\/startup-watch\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2023\/2\/Yodawy-Press-Visual-1600.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":566759,"url":"https:\/\/enterpriseam.com\/egypt\/2021\/07\/12\/yodawy-lands-usd-7-5-mn-in-a-series-b-funding-round\/","url_meta":{"origin":628414,"position":5},"title":"Yodawy lands USD 7.5 mn in a series B funding round","author":"enterpriseam admin","date":"12 July 2021","format":false,"excerpt":"Yodawy raises USD 7.5 mn in a Algebra, MEVP, Global Ventures-led series B funding: Pharma platform Yodawy has landed USD 7.5 mn in a series B funding round led by Algebra Ventures, Beirut-based Middle East Venture Partners (MEVP) and UAE-based venture capital fund Global Ventures, according to an emailed statement\u2026","rel":"","context":"In &quot;SPEED ROUND: STARTUP WATCH&quot;","block_context":{"text":"SPEED ROUND: STARTUP WATCH","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round-startup-watch\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]}],"_links":{"self":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/628414","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/comments?post=628414"}],"version-history":[{"count":0,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/628414\/revisions"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/issue\/628403"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media?parent=628414"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/categories?post=628414"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/tags?post=628414"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/brand?post=628414"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=628414"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}