HR tech startup Propel wants to power the open talent economy via tech communities
Lagos- and Berlin-based startup Propel has raised €2.5 million ($2.74 million) in seed investment to build sustainable talent pipelines and facilitate the hiring of remote talent from emerging markets, particularly in Africa. Propel's community-as-a-service platform connects tech communities with companies seeking diverse talent, offering a pipeline of skilled professionals. The startup aims to generate €1 million in revenue for communities by Q4 next year. Propel's approach recognizes the importance of communities in emerging market ecosystems and focuses on the last mile of converting talent into job opportunities. The company has already worked with companies like Porsche, Mercedes, and Orange Telecoms and plans to scale its platform and deepen its ecosystem of communities.
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