New Investments
Propel, a Nigerian talent-matching startup that builds sustainable talent pipelines for communities, has raised $2.74 million in seed funding
Propel, a Nigerian talent-matching startup that builds sustainable talent pipelines for communities, has raised $2.74 million in seed funding
The round was led by Amsterdam-based No Such Ventures, with participation from APX, Golden Egg Check, and Future of Learning Fund. Founded in 2020 by Sunkanmi Ola, Seun Owolabi, and Abel Agoi, the platform connects communities with global companies, helping to derisk the process of hiring remote talent from emerging markets, particularly in Africa.
Propel plans to use the investment to drive the roll-out and adoption of its community-as-a-service platform. Propel’s platform is currently used by over 100 communities in Africa and the Middle East. The company has seen strong growth in recent months, with the number of job postings on its platform increasing by 300%.
With this latest funding, Propel is well-positioned to continue its growth and become a leading platform for connecting communities with global companies.
Related Articles
Register Now
Empower Africa Times Newsletter
Share :
You may also like...
Ecobank Announces 12 Finalists for its Fintech Challenge
Ecobank, a leading pan-African banking group, has unveiled the twelve finalists vying for the US$50,000 grand prize in its seventh annual Fintech Challenge.
Janngo Capital Raises $4.3 Million From ANAVA to Back Francophone African Startups and Women-Led Businesses
The Janngo Capital Startup Fund (JCSF), a venture capital fund focused on Africa, has secured €4 million (US$4.3 million) in equity investments from ANAVA, Tunisia’s first euro-denominated fund of funds.
Sanari Capital Raises $80 Million to Scale Technology-Driven African Businesses
Sanari Capital, a South African private equity firm, has announced the successful final close of its Sanari 3S Growth Fund, raising R1.5 billion (approximately $80 million).
