Latest round

Series E

Last raised

Sep 2021

Total raised

$271M

Investors

35

About Andela

Founded in 2014 and based in New York, US, Andela Inc. operates as a talent network that helps companies build remote engineering teams. The firm was founded by Brice Steven Nkengsa, Christina Sass, Ian Carnevale, Iyinoluwa Aboyeji, Jeremy Johnson and Nadayar Enegesi. In September 2021, Andela Inc.5 billion. As of 2021, the company operates in more than 80 countries and has clients including GitHub, Cloudflare and ViacomCBS. Andela Inc. trains software engineers for coding using different tools and analytics and deploys them to companies that need engineers for their business operations. The firm enables businesses to find matches of talents they needed and review shortlisted candidates before onboarding. As of 2019, the company's annual revenue rate is USD 50 million. As of 2021, the firm plans for global expansion by increasing its operations from 80 to 100 countries including the regions of Latin and South America by the end of 2021. The company also plans to use the new capital to expand the company's workforce, product development, and engineering.

Who invested in Andela

35 investors across 6 rounds

See all investors in Andela

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Funding rounds

  1. Series E

    Sep 29, 2021

    Amount

    $93M

    Investors

    Locked

  2. Series D

    Dec 3, 2018

    Amount

    $100M

    Investors

    Locked

  3. Series C

    Oct 12, 2017

    Amount

    $40M

    Investors

    Locked

  4. Series B

    May 26, 2016

    Amount

    $24M

    Investors

    Locked

  5. Series A

    Jun 15, 2015

    Amount

    $15M

    Investors

    Locked

  6. Seed

    Jul 28, 2014

    Amount

    $0M

    Investors

    Locked

Questions about Andela

Who invested in Andela?

Andela has 35 investors on record across 6 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.

How much funding has Andela raised?

Andela has raised 6 venture rounds. Sign up free to see how much each round raised and the total.

When did Andela last raise money?

Andela's most recent round on record is a Series E, in Sep 2021.

What does Andela do?

Founded in 2014 and based in New York, US, Andela Inc.

Where is Andela headquartered?

Andela is headquartered in New York, US.

Which VCs invest in companies like Andela?

Among active investors with capital left to deploy, Andreessen Horowitz, Founders Fund, Accel and Thrive Capital back software companies at Andela's stage. Their profiles are linked below.

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