Andela Secures $100M in Series D Funding

andelaAndela, a NYC-based company building distributed engineering teams with Africa’s top software developers, completed a $100M Series D funding.

The round, which brings total venture funding to $180m, was led by Generation Investment Management with participation from existing investors including Chan Zuckerberg Initiative, GV, Spark Capital, and CRE Venture Capital.

The company intends to use the funds to accelerate the development of its technology platform to identify, develop and match talent at scale and to expand its presence across Africa.

Founded in 2014 by Jeremy Johnson, CEO, Andela connects Africa’s engineering talent with the demand for software developers worldwide. In four years, the company has assessed more than one hundred thousand applicants, hired one thousand software developers, and integrated them into hundreds of companies, such as Cloudflare, Percolate, and InVision.
It has campuses in Nigeria, Kenya, Uganda, and Rwanda.

FinSMEs

23/01/2019

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