By Daniel Mpala
Four months after securing R2.5-million in seed funding from Cape Town-based investment fund Getihu, Hi5 CEO and founder Gary Willmott claims the startup is adding an average of between 20 and 40 new clients monthly.
“We are just about to go over the the 6000-user mark and have just hit a milestone for the 10 000th Hi5,” says Willmott (pictured above), who platform allows staff in workplaces to rate one another.
He says the R2.5-million investment deal — which was concluded in March for a 25% stake in the startup — will enable the platform to “scale product and business development within South Africa and the region over 18 […]
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Source:: Venture Burn