African-focused expertise recruitment and outsourcing firm TalentQL at the moment introduced that it has been accepted into Techstars Toronto.
The firm will be a part of 9 different startups within the accelerator’s class of 2021. This comes two weeks after Nigerian bus-booking platform Plentywaka announced its participation in this system as effectively.
TalentQL was launched final November by serial entrepreneurs Adewale Yusuf, Opeyemi Awoyemi and Akintunde Sultan. Before TalentQL, Yusuf co-founded Nigeria-based tech media publication Techpoint Africa; Awoyemi co-founded on-line recruitment website Jobberman; and Sultan based nonprofit tech accelerator DevCareer.
The firm has a “talent pool” builders be a part of earlier than passing via completely different assessments. Once the engineers move the assessments, they’ll be a part of the corporate’s “talent network” to entry alternatives.
The pandemic accelerated the necessity for worldwide corporations to hunt cheaper and distant expertise world wide. TalentQL is hoping to faucet into what it thinks is a gold mine. According to Yusuf, the corporate, which can also be U.S.-based, needs to decentralize entry and democratize alternative for Africa’s high tech abilities.
For most of its native shoppers, TalentQL primarily assists with recruitment. The different mannequin entails hiring vetted engineers for worldwide corporations, managing them, and offering tax and medical health insurance providers.
“We’re coming to the market to support the talent with health insurance, some tools to work with and a community to be part of. These are some of the offerings I think sets us apart from other companies,” Yusuf stated.
But regardless of that, the corporate has confronted the identical problem that has plagued the area — the shortage of senior engineering expertise. When most engineers attain that stage of experience, they have an inclination to go away the nation to the U.S. and Europe for higher alternatives or, higher nonetheless, launch their very own startups. It’s an issue Andela confronted up to now, ensuing within the layoff of 400 junior builders “due to market demand for more senior engineering talent.”
Yusuf says for this reason the corporate is pursuing a Pan-African and diasporan play (Africans within the U.S. and Europe), hoping to fill within the hole with senior expertise from these locations. And to additional consolidate its Pan-African ambitions, it’s planning to open an workplace in Kenya within the coming months.
Although TalentQL is totally distant, Yusuf says this has to occur to ascertain the proper of understanding between on-the-ground recruiters and the engineers.
“We want a situation where when we’re recruiting from other countries, our technical recruiters are from those countries. We want them to be able to speak the language of these engineers and understand the culture of their countries,” he stated.
TalentQL at the moment has over 100 tech expertise obtainable with greater than 2,000 builders on its platform. These builders cater to shoppers from the U.S., Europe, Nigeria and Kenya. The CEO says the corporate can also be in talks with some Fortune 500 corporations to execute placements for his or her African growth.
In addition to the $300,000 pre-seed secured last year, the 6-month-old firm will obtain a $120,000 funding from Techstars. But apart from the funding, Techstars’ backing will probably be essential in two methods, in response to Yusuf. First is the way it operates going ahead in a crowded tech expertise market with the likes of Ethiopia’s Gebeya and Nigeria’s Decagon and Semicolon. The different could be serving to the corporate to be a world firm, not simply an African one.
For Sunil Sharma, the managing director of Techstars Toronto and an investor in 5 Nigerian startups, Techstars’ funding in TalentQL provides the accelerator an opportunity to take part within the burgeoning tech expertise area.
“The rise of Nigeria is more widely appreciated now in terms of technology sectors like finance, mobility and e-commerce, where talented Nigerians are not only bringing innovation and disruption but are doing so rapidly and at scale. Equally as intriguing is the opportunity relating to talent itself as Nigerians and Africans across the continent are contributing more to supporting tech companies across the world, and we think this is just the start.”