Chezie Raises $775K to Revolutionize Employee Resource Group Management
Chezie, a software solution designed to help companies build, track, and manage impactful employee resource groups (ERGs), has recently raised $775,000 in a pre-seed funding round led by 2045 Ventures, along with participation from Pax Momentum, Southern Equity, Acrew & Concrete Rose Angel Squad, Jones Trauber Capital, Westcove Partners, and various angel investors. The funding will enable Chezie to expand its product development, hire new members in product and engineering roles, and invest in market and user research.
As per Carmen Palafox, Managing Partner of 2045 Ventures, the decision to invest in Chezie was based on the founders’ leadership and long-term vision, early traction, and the market opportunity. The founders, Toby and Dumebi, are siblings who share a common vision of inclusion. Their personal experiences as Nigerian immigrants working in corporate America have played a crucial role in shaping Chezie’s culture and mission. The company is focused on creating a welcoming and inclusive environment for all employees, regardless of their background or identity.
Chezie’s software solution provides ERG leaders and People teams with a user-friendly dashboard to track engagement, events, membership, and budget all in one place. With over 57,000 companies around the world already utilizing ERGs, Chezie is helping companies leverage these groups to create more inclusive workplaces and drive business outcomes.
read also Nigeria’s Nomba Raises $30M to Expand Bespoke Payment Solutions for African Businesses
Toby Egbuna, Co-founder and CEO of Chezie, expressed his excitement to be working with the investors and stated that the company has assembled the right team to achieve its goals. Chezie’s recent pre-seed funding is a major milestone for the company and a testament to the strength of its vision and leadership. It puts the company in a strong position to accelerate its growth and amplify its impact in the corporate world.
Chezie’s software has already helped over 100 ERGs, including those at industry-leading companies such as Chegg, Instacart, and the NBA. The company’s mission is to create the most inclusive workplaces on Earth. For more information about Chezie, visit their website at www.chezie.co.
Chezie employee management Chezie employee management
Charles Rapulu Udoh
Charles Rapulu Udoh is a Lagos-based lawyer, who has several years of experience working in Africa’s burgeoning tech startup industry. He has closed multi-million dollar deals bordering on venture capital, private equity, intellectual property (trademark, patent or design, etc.), mergers and acquisitions, in countries such as in the Delaware, New York, UK, Singapore, British Virgin Islands, South Africa, Nigeria etc. He’s also a corporate governance and cross-border data privacy and tax expert.
As an award-winning writer and researcher, he is passionate about telling the African startup story, and is one of the continent’s pioneers in this regard