Andela was founded in 2014 by Christina Sass, Ian Carnevale, Iyinoluwa Aboyeji, and Jeremy Johnson. CEO Johnson told Yahoo Finance "not to expect an IPO announcement soon, though it is the probable long-term outcome for Andela investors." These comments should not be interpreted to mean that the company is formally pursuing or foregoing an IPO.

One of Africa's largest tech companies, Andela is a recruitment platform that pairs software engineers with companies around the world. In 2021, Andela became the latest company to join the small group of African unicorns. The company has not yet made any acquisitions, but Johnson has stated his intent to begin acquiring startups, adding that “there’s a pretty reasonable chance that some will be in Africa.” Andela has raised $381 million in venture capital funding, most recently in a $200 million round led by SoftBank's Vision Fund 2. Andela's latest valuation placed the company at $1.2 billion.

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What is Andela's ticker symbol?

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What is Andela's stock price?

The stock price for Andela will be known as it becomes public. Here are similar public companies: Amazon (NAS: AMZN), Walmart (NYS: WMT), Nike (NYS: NKE), Apple (NAS: AAPL), Facebook (NAS: META).

Andela Funding Rounds and IPO Valuation

Date Funding Round Funding Raised Price per Share IPO Valuation
9/22/2021 Series E $1.5B $XXX.XX $XXX.XX
1/23/2019 Series D $682.97MM $XXX.XX $XXX.XX
10/10/2017 Series C $300MM $XXX.XX $XXX.XX
6/16/2016 Series B $109.92MM $XXX.XX $XXX.XX
7/17/2015 Series A and A-1 $33.83MM $XXX.XX $XXX.XX
Based on primary financings
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What is Andela funding to date?

Andela has raised $330.16MM with the following series:
$33.83MM for Series A and A-1, $109.92MM for Series B, $300MM for Series C, $682.97MM for Series D, $1.5B for Series E, $33.83MM for Series A and A-1, $109.92MM for Series B, $300MM for Series C, $682.97MM for Series D, $1.5B for Series E.
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When was Andela founded?

Andela was founded in 2014.
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Can you invest in Andela?

Andela is a privately held company and is not publicly traded on NYSE or NASDAQ in the U.S. To buy pre-IPO shares of a private company, you need to be an accredited investor. Learn more about how to invest in the private market or register today to get started.

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Is Andela a publicly traded company?

Andela is a private company and not publicly traded.

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