Propel is a platform for tech communities and talent. The SaaS HR tech which it's calling a 'Community as a Service’ model' is gives tech communities like developer groups, talent incubators, training schools access to job opportunities, benefits and financial services. It is used by communities like SheCodeAfrica and Niyo Network to bring them together with clients like Porsche, Mercedes, Orange Telecom, Farfetch, and Stepstone.
“Communities are the building blocks of any ecosystem - and tech communities, especially across high-growth markets like Africa and within underrepresented groups, have emerged in their thousands to cover the massive gaps in education, skill development, and inclusion. However, they are constantly on the lookout for how to solve last-mile problems faced by their members and become more financially sustainable while still pushing to achieve their impact goals. That’s a tall order,” says Sunkanmi Ola, co-founder and CEO of Propel.
“By giving communities access to a simplified platform that solves this for them, we can tangibly impact the growth of millions of people on a scale that has not been seen before,” adds Ola.
Ola co-founded the Berlin-based company was founded in 2020 with Seun Owolabi, and Abel Agoi. It has raised a €2.5 million in a round led by No Such Ventures, and includes APX (Axel Springer & Porsche), Golden Egg Check, and Future of Learning Fund. Funds will enable the scaling of the platform and its offerings.
“Propel's unique, community-focused approach to driving the open talent economy sets them apart and is a solid addition to the Future of Work category. We’re bullish about their roadmap, and super-excited to partner with them on this growth journey," says Sophie Heijenberg, Investor at No Such Ventures.