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ANDELA
Andela
Technical talent marketplace / IT staffing · New York · United States · Founded · 2014 · ≈ · 308 · employees

Andela: Company Profile & Valuation

Private

Founded in 2014, Andela operates in technical talent marketplace / it staffing. The latest valuation stands at $1.5B. Its shares do not trade on a public exchange.

ProfileValuationFundingCompetitorsStock & IPOHow to invest
Andela at a glance
Last valuation
$1.5B
POST-MONEY · SEP 2021
Raised across rounds
$374M
5 rounds
IPO status
Private
no listing announced
Nearest Canborsa market
SP500—
SP500-PERP · live
Valuation history

Andela valuation history

1 valuation. The latest, $1.5B post-money, was set by the Series E in Sep 2021.

Latest valuation
$1.5Bpost-money
Set by the Series E · 29 Sep 2021
Valuations
1
Priced rounds with a valuation
Event type
Primary round
The Series E · $200M raised
Undated: Series B at —.
Funding history

Andela funding rounds — every disclosed raise

Round
Date
Amount
Valuation
Lead investors
Δ valuation
Series A
Jun 2015
$10M
—
Spark Capital
—
Series C
Oct 2017
$40M
—
CRE Venture Capital
—
Series D
Jan 2019
$100M
—
Generation Investment Management
—
Series E
Sep 2021
$200M
$1.5B
SoftBank Vision Fund 2
—
Series B
—
$24M
—
Chan Zuckerberg Initiative
—
Andela · investors

Investors

Chan Zuckerberg InitiativeLEADSSoftBank Vision Fund 2LEADGeneration Investment ManagementLEADCRE Venture CapitalLEADSpark CapitalLEADSerena VenturesWWhale Rock
Will Andela IPO?
Founded
2014
Jun 2015
Series A
Sep 2021
Series E · $1.5B
IPO
Not announced
No filing has been made.
Andela — the private market
Last valuation$1.5B · post-money · Sep 2021
Total raised$374M
Lead investors
Chan Zuckerberg InitiativeSoftBank Vision Fund 2Generation Investment ManagementCRE Venture Capital
IPO statusNot announced
Founded · HQ2014 · New York · United States
Employees≈ 308
Next price updatethe next funding round or secondary sale
Between roundsno daily price and no order book
About Andela

Andela is a private marketplace that connects companies with technical talent in roughly 135 countries, spanning application development, artificial intelligence, data engineering, cloud and DevOps. It sources, screens and onboards engineers, and now describes itself as the human compute layer behind production AI systems, deploying AI-native engineers and upskilling client teams.

Jeremy Johnson, Iyinoluwa Aboyeji, Nadayar Enegesi, Brice Nkengsa, Ian Carnevale and Christina Sass founded Andela in 2014, launching its first recruitment cycle in Lagos with a call for applications posted on Twitter.

The money screen · ranked by accessibility

How to get Andela exposure today

1Funds that hold private namesPublic wrappers

Listed funds carry late-stage private names. A fund's latest schedule of investments shows whether it holds Andela.

Often trade at a premium or discount to NAV.

Any brokerage account
2Secondary marketplacesPrivate shares

Platforms match existing holders with buyers. Andela availability at any moment is set by the holders.

High minimums, transfer approval, company right-of-first-refusal.

Accredited only
3Follow the companyCompanies directory

Valuations, rounds and IPO status for every company in the directory — Andela included.

No account needed

Andela stock — frequently asked questions

How can I get exposure to Andela?›

The routes section explains what is realistically available for a company at this stage.

Is Andela publicly traded?›

No. Andela is a private company; its shares do not trade on a public exchange.

What is Andela's valuation?›

The last valuation is $1.5B.

Who has invested in Andela?›

Lead investors for each round are in the funding timeline.

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