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Company pair · E-commerce
VS

Andela vs Back Market: Valuation, Funding, Trajectory

E-commerce Both private US · FR No Canborsa market

Andela and Back Market are often weighed against each other in ecommerce.

On this pageSide by sideValuation marksWhat each disclosesVerdictFAQ
AndelaPRIVATE · US
Back MarketPRIVATE · FR
VS
Last valuation$1.5B$5.7B
Basis Post-money Post-money
As ofSep 2021Jan 2022
Founded20142014
Employees≈308≈700
On CanborsaNo marketNo market
At a glance
$1.5B
AndelaPost-money, Series E · Sep 2021
$5.7B
Back MarketPost-money, Series E · Jan 2022
3.80×
GapBoth post-money, 4 months apart
0 of 2
On CanborsaNeither company has a market
VS
Head-to-head · field by field

Andela vs Back Market — side by side

Field
AndelaPRIVATE · FOUNDED 2014
Back MarketPRIVATE · FOUNDED 2014
VS
Last valuation
$1.5B Post-money
$5.7B Post-money
Valuation date
29 Sep 2021
11 Jan 2022
Valuation basis
Post-money
Post-money
Latest round
Series E
Series E
Round size
$200M
$510M
Round lead
SoftBank Vision Fund 2
Sprints Capital
Named investors
Spark Capital Chan Zuckerberg Initiative CRE Venture Capital Generation Investment Management
Sprints Capital Eurazeo Aglaé Ventures General Atlantic
Founded
2014
2014
Employees (est.)
≈308
≈700
Sector & HQ
Technical talent marketplace / IT staffing · 🇺🇸 US
E-commerce / refurbished electronics marketplace · 🇫🇷 FR
Status & market
Private — no Canborsa market
Private — no Canborsa market
Valuation · both companies on one scale

Valuation marks

Each bar is the last disclosed mark — $1.5B for Andela (post-money, Sep 2021) and $5.7B for Back Market (post-money, Jan 2022).

Andela
$1.5BPost-money · Sep 2021
Back Market
$5.7BPost-money · Jan 2022
ANDELA · $1.5B · SEP 2021BACK MARKET · $5.7B · JAN 2022
Andela vs Back Market · what each company discloses

What each company discloses, and what it leaves out

AndelaPRIVATEE-commerce · US · 2014
+Last disclosed mark $1.5B — post-money, Sep 2021.
+Founded 2014 .
+≈308 employees.
+Latest round: Series E, $200M raised, led by SoftBank Vision Fund 2.
Back MarketPRIVATEE-commerce · FR · 2014
+Last disclosed mark $5.7B — post-money, Jan 2022.
+Founded 2014 .
+≈700 employees.
+Latest round: Series E, $510M raised, led by Sprints Capital.
Verdict

Verdict

The $1.5B tells you…
What an investor paid for newly issued shares — a primary round, priced post-money.
How much capital arrived with it:$200M, led by SoftBank Vision Fund 2 in Sep 2021.
A dated print: it moves only when a newer round is announced.
The $5.7B tells you…
What an investor paid for newly issued shares — a primary round, priced post-money.
How much capital arrived with it:$510M, led by Sprints Capital in Jan 2022.
A dated print: it moves only when a newer round is announced.

Both marks are post-money, so 3.80× compares like with like. Both are private: there is no public quote and no Canborsa market on either name.

Frequently asked questions

Are Andela and Back Market in the same sector?›

Andela operates in Technical talent marketplace / IT staffing, and Back Market operates in E-commerce / refurbished electronics marketplace.

How do Andela and Back Market compare in valuation?›

Andela is valued at $1.5B, and Back Market at $5.7B.

What was the most recent funding round for Andela and Back Market?›

Andela raised $200M through its Series E round in September 2021, while Back Market raised $510M through its Series E round in January 2022.

Is Andela or Back Market a public company?›

Andela is private, and Back Market is private.

Is Andela from the same country as Back Market?›

Andela is based in United States; Back Market is based in France.

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