# Jem funding: rounds and investors

> Jem has raised $8.4M across 1 round since 2026. Investors include Quona Capital, e4e and Iain Williamson. Every round with its source.

Source: https://millionrounds.com/company/jem (Millionrounds; every figure on the page links to its filing or article)

South Africa · [Series A startup](https://millionrounds.com/companies)

# Who invested in *Jem*

One round we have observed, with the 5 investors named in it. Every figure came from a named source, and where the company reported a raise to the SEC itself, that is shown beside it.

Future of Work HR Tech

Raised 3 months ago

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Funding summary Updated 5 Nov 2026

**$8.4M** raised across 1 round since 2026, from 1 source

- **Latest round:** Series A, $8.4M Aug 2026
- **Led by:** Quona Capital
- **Investors:** 5 (1 led)

See who backed them

## The rounds

- **Aug 2026** Series A **$8.4M** [Quona Capital](https://millionrounds.com/fund/quona-capital) Lead [e4e](https://millionrounds.com/fund/e4e) [Iain Williamson](https://millionrounds.com/fund/iain-williamson) [Next176/FutureGrowth](https://millionrounds.com/fund/next176-futuregrowth) [University Technology Fund](https://millionrounds.com/fund/university-technology-fund) Reported by Disrupt Africa

## Founders and team

From Jem's own website: 2 on the team.

- **Malcolm Smith** CFO • Retailability
- **Choose Jem** Security your board will sign off.

## Everyone who backed them

[Quona Capital](https://millionrounds.com/fund/quona-capital) VC firm **1** round, led 1

[e4e](https://millionrounds.com/fund/e4e) Corporate VC **1** round

[Iain Williamson](https://millionrounds.com/fund/iain-williamson) VC firm **1** round

[Next176/FutureGrowth](https://millionrounds.com/fund/next176-futuregrowth) VC firm **1** round

[University Technology Fund](https://millionrounds.com/fund/university-technology-fund) VC firm **1** round

Missing a round, or an investor who was in one? [Tell us](https://millionrounds.com/corrections?slug=jem).

## Also claim to have backed them

These 4 firms list Jem as a portfolio company on their own websites, but no report of a round names them. They are the firms' own claims, kept apart from the rounds above.

[E4EAfrica](https://millionrounds.com/fund/e4e-africa) VC firm Per its own site

[Creator Ventures](https://millionrounds.com/fund/creator-ventures) VC firm Per its own site

[NEXT176](https://millionrounds.com/fund/next176) VC firm Per its own site

[Tomorrow Capital](https://millionrounds.com/fund/tomorrow-capital-2) VC firm Per its own site

## Quick answers about Jem

### Who invested in Jem?

Jem's investors include Quona Capital, e4e, Iain Williamson, Next176/FutureGrowth and University Technology Fund. Quona Capital led its latest round.

### How much has Jem raised?

Jem has raised $8.4M across 1 round since 2026.

### When did Jem last raise?

Jem's most recent round was a Series A of $8.4M in Aug 2026, led by Quona Capital.

### What was Jem's biggest round?

Its most recent round, $8.4M in Aug 2026, is also its largest on record.

### Who backed Jem first?

Jem's first round on record, in Aug 2026, was backed by Quona Capital, e4e and Iain Williamson and 2 others.

### What stage is Jem at?

Jem's latest named round is a Series A, in Aug 2026.

### Where is Jem based?

Jem is based in South Africa.

### Who led Jem's rounds?

Quona Capital led the Series A in 2026.

## Companies like Jem

In the same sector, and raised in the last eighteen months.

[**ShareWillow** $8.5M · Oct 2026](https://millionrounds.com/company/sharewillow)[**Fronted** $28M · Oct 2026](https://millionrounds.com/company/fronted)[**Avante** $30M · Oct 2026](https://millionrounds.com/company/avante)[**Epoch** $4.3M · Oct 2026](https://millionrounds.com/company/epoch)[**VIVA Finance** $370M · Oct 2026](https://millionrounds.com/company/viva-finance)[**Origin** $121M · Oct 2026](https://millionrounds.com/company/origin)

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