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Company pair · E-commerce
VS

Andela vs Cart.com: Valuation, Funding, Trajectory

E-commerce Both private US-headquartered No Canborsa market

Andela and Cart.com are often weighed against each other in ecommerce.

On this pageSide by sideValuation marksWhat each disclosesVerdictFAQ
AndelaPRIVATE · US
Cart.comPRIVATE · US
VS
Last valuation$1.5B$1.6B
Basis Post-money Post-money
As ofSep 2021Mar 2026
Founded20142020
Employees≈308≈1,500
On CanborsaNo marketNo market
At a glance
$1.5B
AndelaPost-money, Series E · Sep 2021
$1.6B
Cart.comPost-money, Equity Investment · Mar 2026
1.07×
GapBoth post-money, 54 months apart
0 of 2
On CanborsaNeither company has a market
VS
Head-to-head · field by field

Andela vs Cart.com — side by side

Field
AndelaPRIVATE · FOUNDED 2014
Cart.comPRIVATE · FOUNDED 2020
VS
Last valuation
$1.5B Post-money
$1.6B Post-money
Valuation date
29 Sep 2021
15 Mar 2026
Valuation basis
Post-money
Post-money
Latest round
Series E
Equity Investment
Round size
$200M
$180M
Round lead
SoftBank Vision Fund 2
Springcoast Partners
Named investors
Spark Capital Chan Zuckerberg Initiative CRE Venture Capital Generation Investment Management
Mercury Fund Arsenal Growth Oak HC/FT PayPal Ventures
Founded
2014
2020
Employees (est.)
≈308
≈1,500
Sector & HQ
Technical talent marketplace / IT staffing · 🇺🇸 US
E-commerce / unified commerce and logistics software · 🇺🇸 US
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 $1.6B for Cart.com (post-money, Mar 2026).

Andela
$1.5BPost-money · Sep 2021
Cart.com
$1.6BPost-money · Mar 2026
ANDELA · $1.5B · SEP 2021CART.COM · $1.6B · MAR 2026
Andela vs Cart.com · 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.
Cart.comPRIVATEE-commerce · US · 2020
+Last disclosed mark $1.6B — post-money, Mar 2026.
+Founded 2020 .
+≈1,500 employees.
+Latest round: Equity Investment, $180M raised, led by Springcoast Partners.
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 $1.6B tells you…
What an investor paid for newly issued shares — a primary round, priced post-money.
How much capital arrived with it:$180M, led by Springcoast Partners in Mar 2026.
A dated print: it moves only when a newer round is announced.

Both marks are post-money, so 1.07× compares like with like. Both are private: there is no public quote and no Canborsa market on either name.

Frequently asked questions

What industries are Andela and Cart.com in?›

Andela's sector is Technical talent marketplace / IT staffing; Cart.com's sector is e-commerce / unified commerce and logistics software.

What is Andela's valuation versus Cart.com's?›

Andela was last valued at $1.5B in September 2021, and Cart.com at $1.6B in March 2026.

What's the location of Andela versus Cart.com?›

Andela is based in New York, and Cart.com is based in Houston, Texas.

Which was founded first, Andela or Cart.com?›

Andela was founded in 2014, and Cart.com was founded in 2020.

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