About Andela
Andela is a company based in New York (United States) founded in 2014. Andela has raised $379.39 million across 9 funding rounds from investors including The Chan Zuckerberg Initiative, SoftBank Vision Fund and Omidyar Network. Andela has completed 3 acquisitions, including Casana Tech, Qualified and Woven Teams. Andela offers products and services including Andela Talent Cloud, Qualified by Andela, Andela Pay, and Andela Connect. Andela operates in a competitive market with competitors including Terminal, Turing, Entelo, Revelo and Fetcher, among others.
- Headquarter New York, United States
- Stage Unicorn
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Sectors
Technology
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Phone
Locked
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Website
Locked
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Social
Locked
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Annual Revenue
Not available
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Net Profit
Not available
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EBITDA
Not available
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Total Equity Funding
$379.39 M (USD)
in 9 rounds
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Latest Funding Round
$200 M (USD), Series E
Sep 29, 2021
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Investors
The Chan Zuckerberg Initiative
& 19 more
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Employee Count
Not available
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Investments & Acquisitions
Casana Tech
& 2 more
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Products & Services of Andela
Andela offers a comprehensive portfolio of products and services, including Andela Talent Cloud, Qualified by Andela, Andela Pay, and Andela Connect.
AI-driven system for hiring and managing global tech talent efficiently.
Platform for evaluating technologists' skills through tests and certifications.
Service for paying and managing global contractors across multiple countries.
Tool to create jobs and receive AI-recommended qualified candidates quickly.
People of Andela
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Product Management Team
30 people
Software Development Team
19 people
Leadership Team
18 people
Senior Team
14 people
Human Resources and Administration
14 people
Sales and Marketing
8 people
Operations Team
4 people
Legal and Compliance
3 people
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Funding Insights of Andela
Andela has successfully raised a total of $379.39M across 9 strategic funding rounds. The most recent funding activity was a Series E round of $200 million completed in September 2021. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
Investors in Andela
Andela has secured backing from 20 investors, including venture fund, institutional, and angel investors. Prominent investors backing the company include The Chan Zuckerberg Initiative, SoftBank Vision Fund and Omidyar Network.
| Investor | Description | Founded Year | Domain | Location |
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Venture capital investments in technology and startups.
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Private equity firm focused on sustainable investments
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Spark Capital is engaged in venture capital investments.
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Investor details for Andela
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Investments & Acquisitions by Andela
Andela has strategically engaged in corporate development activities, having acquired 3 companies. Notable acquisitions include Casana Tech, Qualified and Woven Teams.
Investment portfolio details for Andela
Portfolio company identities, transaction dates, round details, and investment values require an active premium plan.
- Portfolio identities
- Transaction dates
- Round details
- Investment values
Verified entity values are shown only after access is granted.
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Software development services are provided by Casana to various clients.
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Technical assessment platform
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Technical skills are evaluated via cloud-based coding assessments for enterprises.
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Locked | Locked | 2016 | Locked |
Complete acquisition details for Andela
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- Transaction dates
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- Domains and locations
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Financial Statements - Andela
Detailed financials for Andela
Historical revenue, profit, statement rows, ratios, and trend charts require an active premium plan.
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- Profit trends
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Andela Comparisons
Peer comparison for Andela
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- Operating benchmarks
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Competitors of Andela
Andela operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Terminal, Turing, Entelo, Revelo and Fetcher, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
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Remote developers hiring platform
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On-demand software development talent is matched via AI algorithms.
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Cloud-based candidate sourcing and talent engagement are facilitated by Entelo.
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Pre-vetted remote developers are sourced and hired via the platform.
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Passive candidates are sourced and contacted via Fetcher's recruitment platform.
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Detailed competitors of Andela
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Latest news on Andela
Complete news archive for Andela
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- Source and publication date
- Older coverage
- Brand-specific news history
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Frequently Asked Questions about Andela
Andela was founded in 2014.
Andela is headquartered in New York, United States. It is registered at New York, New York, United States.
Carrol Chang is the current CEO of Andela.
Andela is a funded company, having raised a total of $379.39M across 9 funding rounds to date.
Andela was founded in 2014 and is headquartered in New York, United States. Operations focus on the tech talent sector, where candidates are enabled to learn skills and form a talent pool. Services for employers include candidate sourcing, assessment, and job matching. The platform supports skill development and employment solutions across global markets.
Andela offers Andela Talent Cloud, Qualified by Andela, Andela Pay, and Andela Connect.
Andela has made 3 acquisitions, including Casana Tech, Qualified, and Woven Teams.
Andela has 20 investors. Key investors include The Chan Zuckerberg Initiative, SoftBank Vision Fund, Omidyar Network, Amplo, and Whale Rock Capital Management.
The valuation of Andela is $1.5B as of Sep 2021.