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Company pair · E-commerce
VS

Andela vs Quince

E-commerce Both private US-headquartered No Canborsa market

Andela vs Quince: two of the better-known names in ecommerce, compared side by side.

On this pageSide by sideValuation marksWhat each disclosesVerdictFAQ
AndelaPRIVATE · US
QuincePRIVATE · US
VS
Last valuation$1.5B$4.5B
Basis Post-money Post-money
As ofSep 2021Jul 2025
Founded20142018
Employees≈308≈800
On CanborsaNo marketNo market
At a glance
$1.5B
AndelaPost-money, Series E · Sep 2021
$4.5B
QuincePost-money, Series D · Jul 2025
3.00×
GapBoth post-money, 46 months apart
0 of 2
On CanborsaNeither company has a market
VS
Head-to-head · field by field

Andela vs Quince — side by side

Field
AndelaPRIVATE · FOUNDED 2014
QuincePRIVATE · FOUNDED 2018
VS
Last valuation
$1.5B Post-money
$4.5B Post-money
Valuation date
29 Sep 2021
1 Jul 2025
Valuation basis
Post-money
Post-money
Latest round
Series E
Series D
Round size
$200M
$200M
Round lead
SoftBank Vision Fund 2
Iconiq Capital
Named investors
Spark Capital Chan Zuckerberg Initiative CRE Venture Capital Generation Investment Management
Notable Capital Wellington Management Iconiq Capital Founders Fund
Founded
2014
2018
Employees (est.)
≈308
≈800
Sector & HQ
Technical talent marketplace / IT staffing · 🇺🇸 US
E-commerce (manufacturer-to-consumer apparel and home goods) · 🇺🇸 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 $4.5B for Quince (post-money, Jul 2025).

Andela
$1.5BPost-money · Sep 2021
Quince
$4.5BPost-money · Jul 2025
ANDELA · $1.5B · SEP 2021QUINCE · $4.5B · JUL 2025
Andela vs Quince · 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.
QuincePRIVATEE-commerce · US · 2018
+Last disclosed mark $4.5B — post-money, Jul 2025.
+Founded 2018 .
+≈800 employees.
+Latest round: Series D, $200M raised, led by Iconiq 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 $4.5B 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 Iconiq Capital in Jul 2025.
A dated print: it moves only when a newer round is announced.

Both marks are post-money, so 3.00× 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 Quince in the same sector?›

Andela operates in Technical talent marketplace / IT staffing, and Quince operates in E-commerce (manufacturer-to-consumer apparel and home goods).

How do Andela and Quince compare in valuation?›

Andela is valued at $1.5B, and Quince at $4.5B.

Where are Andela and Quince based?›

Andela is based in New York, and Quince is based in San Francisco, California.

When were Andela and Quince founded?›

Andela was founded in 2014, and Quince was founded in 2018.

What's the team size at Andela versus Quince?›

Andela employs around 308 people; Quince employs around 800.

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