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Andela

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Andela is finally a unicorn, now expect acquisitions thumbnail

Andela is finally a unicorn, now expect acquisitions

It’s only taken 7 years but Andela, the talent epicenter of Africa’s tech revolution, has earned the coveted unicorn badge.The company has raised $200 million from SoftBank’s Vision Fund 2, with the participation of Whale Rock, an American investment firm. Generation Investment Management—the Al Gore firm that led a $100 million round in 2019—and the…
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Led by Softbank, Andela raises $200m at $1.5 billion valuation thumbnail

Led by Softbank, Andela raises $200m at $1.5 billion valuation

Andela, a global engineering talent outsourcing company, has secured $200 million at a $1.5 billion valuation in a Series E funding round led by Softbank Vision Fund 2, the venture capital arm of Japanese conglomerate – SoftBank.  This funding round brings the total venture funding raised by Andela to $380 million. Alongside Softbank, the round…
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