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July 11, 2023

Propel Secures €2.5M to Empower Tech Communities with Benefits & Jobs

No Such Ventures Investor Joins Forces with Propel, Paving the Way for a Game-Changing Future of Work!

In the dynamic world of tech, connectivity is key. Enter Propel, a groundbreaking SaaS HR tech platform that is transforming the way tech communities and talent interact. With its innovative 'Community as a Service' model, Propel empowers developer groups, talent incubators, and training schools by providing them with unprecedented access to job opportunities, benefits, and financial services.

Communities like SheCodeAfrica and Niyo Network have already harnessed the power of Propel to forge meaningful connections with industry giants such as Porsche, Mercedes, Orange Telecom, Farfetch, and Stepstone. This collaborative ecosystem not only fuels professional growth but also sparks innovation and drives the tech industry forward.

Founded in 2020 by Ola, Seun Owolabi, and Abel Agoi, Propel has swiftly emerged as a game-changer in the tech landscape. With a recent €2.5 million funding round led by No Such Ventures and featuring prominent investors like APX (Axel Springer & Porsche), Golden Egg Check, and Future of Learning Fund, the stage is set for Propel to scale its platform and expand its offerings.

The infusion of funds will empower Propel to further strengthen its position as a hub for tech communities and talent. By fostering seamless connections, the platform propels career growth, nurtures collaboration, and enables tech professionals to thrive in a rapidly evolving industry.

As we witness the rise of Propel, it becomes clear that the future of tech lies in the power of communities and the opportunities they create. Stay tuned as Propel continues to shape the tech landscape, bringing together talent, innovation, and limitless possibilities.

Sunkanmi Ola, co-founder and CEO of Propel says "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."

“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 Investor at No Such Ventures, Sophie Heijenberg.

Neil Hodgson Coyle
Neil Hodgson-Coyle
Editorial chief at TechNews180
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