Nigerian HR tech startup, Propel, has raised $2.74 million (€2.5 million) in seed funding to accelerate the adoption and roll-out of its community-as-a-service platform.
No Such Ventures led the round, with participation from APX, Golden Egg Check, and Future of Learning Fund.
About Propel
Founded in 2020 by Sunkanmi Ola, Seun Owolabi, and Abel Agoi, Propel is a startup that plans to help multinational corporations reduce the risk of hiring remote workers from emerging markets, particularly Africa.
Why This Matters
The company claims it connects to the diverse talent pools within these tech communities, spanning multiple skill sets from software development to design, data science to no-code, and other digital transformation skills, in exchange for providing last-mile infrastructure.
Then, using a “community-as-a-service” business model, Propel makes this pipeline available to global companies.
What Happens Next
The company plans to expand its ecosystem of communities, scale its community platform, and introduce new client offerings.
It also wants to use the funds to generate €1 million in revenue for communities by the fourth quarter of 2024.
Source: Techpoint Africa
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