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Tangent Secures Early Funding to Democratize Referrals for UK Tech Workers
In the world of tech, where connections and referrals can often make or break a career opportunity, UK tech workers from lower-income backgrounds often face barriers due to the sector’s tight-knit referral networks. According to recent data, less than 10% of the UK’s tech talent comes from lower-income backgrounds, highlighting a significant disparity compared to other industries like finance and law. Recognizing this challenge, Tangent, a startup founded by Gary Izunwa, aims to democratize referrals for UK tech workers.
The Challenge of Referrals for UK Tech Workers
Referrals are a crucial aspect of the hiring process in the tech industry. Studies have shown that individuals are nine times more likely to be hired through an employee referral. However, for individuals from less privileged backgrounds who may not have access to professional networks, securing referrals can be a significant challenge. Gary Izunwa, the founder of Tangent and a former LinkedIn employee, understands this obstacle firsthand. He noted, “If you come from a less privileged background like me, chances are you don’t have a professional network to get referred.”
Tangent’s Innovative Solution for Job Seekers
Tangent’s mission is to bridge this gap by connecting job seekers from low-income backgrounds with mentors at top tech companies such as Stripe and Amazon. These mentors not only provide guidance and support to the job seekers but also offer references that can significantly boost their chances of securing employment opportunities. By leveraging the power of mentorship and referrals, Tangent aims to level the playing field for aspiring tech workers who may not have access to traditional networks.
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Early Funding and Support for Tangent’s Vision
To support its mission of democratizing referrals for UK tech workers, Tangent recently secured €1.1 million ($1.2 million) in early funding. The funding round was led by Google’s Black Founders Fund, Zinc VC, the SyndicateRoom, and a group of tech founders who believe in Tangent’s vision. This influx of capital will enable Tangent to expand its reach, onboard more mentors and job seekers, and continue developing innovative solutions to address the challenges faced by individuals from underrepresented backgrounds in the tech industry.
As the tech sector continues to evolve and diversify, initiatives like Tangent play a crucial role in fostering a more inclusive and equitable ecosystem for all aspiring tech professionals. By breaking down barriers to entry and providing support to individuals from diverse socioeconomic backgrounds, Tangent is not only changing the face of the tech industry but also paving the way for a more accessible and opportunity-rich future for all UK tech workers.
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