Funding round

Jem raises USD 8.4 M Series A round

Jem (South Africa) has raised USD 8.4 M in a Series A round, announced on August 18, 2026. The company is Provides workforce management and financial services to frontline workers. The round was led by Quona Capital, with participation from University Technology Fund, E4E, Next176/FutureGrowth, Iain Williamson.

Jem raised a USD 8.4 million Series A led by Quona Capital to expand its workforce management and financial services platform.

Company

Jem

Amount

USD 8.4 M (~$8.4M)

Round

Series A

Sector

Workforce management

Country

South Africa

Announced

August 18, 2026

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This deal appeared in The Daily Raise, August 18, 2026. Get the next edition in your inbox.

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