Ogram, the UAE-based startup that touts itself as a one-of-its-kind “human cloud” platform, has added $870,000 to its valuation following a rather successful Pre-Series A equity round led by Global Ventures.
With the newly added capital, the startup now finds itself in an ideal position to further scale its business in the UAE.
Just in case you haven’t heard much about Ogram before, it is a unique platform offering on-demand temporary staffing solutions for on-site manpower. On that count, the platform appears to be a modified version of freelance marketplaces supporting the so-called “gig economy.”
Ogram is currently targeting businesses across various sectors including hospitality, F&B, retail, logistics, and e-commerce, among others.
“We are thrilled to partner with Ogram as they pioneer the regional flexible work economy”, said Noor Sweid, General Partner at Global Ventures. “The current pandemic is challenging existing employment structures and we believe that embracing flexible work and upskilling the workforce to adopt multiple jobs will be the future of work in the region”.
Launched in 2016, Ogram is one of the leading homegrown marketplaces in the GCC area spearheading the region’s gig economy. Since launch, the company has served more than 450 enterprises, as well as individual clients across the UAE.
“Our mission is to push the global labor market towards a more flexible modus operandi, shaping the future of the gig economy – with no better place to start than our home in the UAE,” said Ogramm co-founder and CEO, Shafiq Khartabil, in a statement following the rich return of the Pre-Series A round.