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Secondary Marketplace / Explore Private Companies / Andela IPO
Andela

Andela IPO

$1.5B
Series E Valuation, Sep 2021
Buy And Sell Andela StockLearn More About Andela Stock
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Company details

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.

andela.com
Sector
Consumer & Lifestyle
Subsector
E-commerce
Founded
2014
Headquarters
New York, NY, United States
Forge Price 1
Price not yet available
Post-Money Valuation 3
$1.5B
Total Funding
$330.16MM
LFR Price per Share
$xx.xx
Last Funding Share Class
Series E

Learn more about Andela

To invest in Andela pre-IPO

Can you invest in Andela pre-IPO?

Andela is a privately held company and is not publicly traded, therefore investing in Andela pre-IPO is only available to accredited investors. If you meet the accreditation criteria, you can learn more about Forge’s Secondary Marketplace and how to invest in private companies before their potential IPO. If you are not accredited, find out how to begin the process and qualify for new investment opportunities.

Can you sell shares of Andela before it goes public?

You can seek to sell your shares in Andela while it remains private. If you are considering selling, you can register today for free to get started. Once registered, a Private Market Specialist will guide you through any questions you might have. You may also continue to browse through our resources to help you understand the implications and procedures involved in selling your private market shares.

What is the pre-IPO value of my Andela shares?

To determine the value of your Andela shares, create a free account to gain access to Forge’s platform. In addition to the Forge Price, Forge Markets contains pricing information for hundreds of pre-IPO companies such as Last Closed Trade Price. A Private Market Specialist will also be available to assist you with any inquiries related to your Andela shares. You can also learn more about how to sell your private shares before getting started.

Is Andela a publicly traded company?

If you are interested in buying or selling private company shares, you can register with Forge today for free to explore your options. Registering gives you access to one of our Private Market Specialists who can guide you through the process of buying or selling. Learn more about how Forge might help you buy pre-IPO shares or sell pre-IPO shares.

To learn more about Andela potential IPO

Will Andela go IPO?

Andela has not yet filed for an IPO. However, it’s important to note that IPOs are not the sole avenue for a private company to transition to public trading. Private companies can also go public through alternative methods such as but limited to Special Purpose Acquisition Companies (SPACs), direct listings, or mergers and acquisitions. Find out which companies are eyeing an IPO on our Tech IPO Calendar 2025.

What is Andela’s IPO price?

The Andela IPO price does not exist at this time, as Andela is still a private company and has not yet conducted an IPO. To explore secondary market data and access private market pricing details and data that may be related to Andela register for Forge Markets, today.

When was Andela founded?

Andela was founded in 2014.

What is Andela funding to date?

Andela has raised $330.16MM to date.
Andela major investors
Founder Collective
Gv
Learn Capital
Mars Investment Accelerator Fund
Spark Capital
Sparklabs

Andela funding rounds and valuation

Funding history chart
Funding round details
Funding Date Share Class Amount Raised Price per Share Post-Money Valuation Key Investors
09/22/2021 Series E $150MM $xx.xx $1.5B Chan Zuckerberg Initiative, Generation Investment Management, Softbank, Spark Capital, Whale Rock
Price per Share
$xx.xx
Shares Outstanding
7,225,590
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
0.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Chan Zuckerberg Initiative, Generation Investment Management, Softbank, Spark Capital, Whale Rock
01/23/2019 Series D $100MM $xx.xx $682.97MM Amplo, Chan Zuckerberg Initiative, Cre Venture Capital, Dbl Partners, Entangled Group, Generation Investment Management, Gv, Highline Beta, Loftyinc Capital Management, Mark Vc, Salesforce Ventures, Serena Ventures, Social Impact Capital, Spark Capital, Summer Capital, Tlcom Capital, Village Capital
Price per Share
$xx.xx
Shares Outstanding
9,725,450
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
0.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Amplo, Chan Zuckerberg Initiative, Cre Venture Capital, Dbl Partners, Entangled Group, Generation Investment Management, Gv, Highline Beta, Loftyinc Capital Management, Mark Vc, Salesforce Ventures, Serena Ventures, Social Impact Capital, Spark Capital, Summer Capital, Tlcom Capital, Village Capital
10/10/2017 Series C $40MM $xx.xx $300MM Amplo, Chan Zuckerberg Initiative, Cre Venture Capital, Dbl Partners, Gv, Highline Beta, Mark Vc, Salesforce Ventures, Social Impact Capital, Spark Capital, Summer Capital, Tlcom Capital
Price per Share
$xx.xx
Shares Outstanding
7,759,156
Liquidation Pref Order
2
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
0.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Amplo, Chan Zuckerberg Initiative, Cre Venture Capital, Dbl Partners, Gv, Highline Beta, Mark Vc, Salesforce Ventures, Social Impact Capital, Spark Capital, Summer Capital, Tlcom Capital
06/16/2016 Series B $23.92MM $xx.xx $109.92MM Chan Zuckerberg Initiative, Cre Venture Capital, Gsv Accelerate, Gv, Learn Capital, Mits Fund, Omidyar Network, Spark Capital, Vista Venture Partners
Price per Share
$xx.xx
Shares Outstanding
10,612,783
Liquidation Pref Order
2
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
0.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Chan Zuckerberg Initiative, Cre Venture Capital, Gsv Accelerate, Gv, Learn Capital, Mits Fund, Omidyar Network, Spark Capital, Vista Venture Partners
07/17/2015 Series A-1 $3.94MM $xx.xx $33.83MM Arena Ventures, Federico Pirzio-Biroli, Future Perfect Ventures, Learn Capital, Omidyar Network, Playfair Capital, Spark Capital
Price per Share
$xx.xx
Shares Outstanding
8,633,160
Liquidation Pref Order
2
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
0.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Arena Ventures, Federico Pirzio-Biroli, Future Perfect Ventures, Learn Capital, Omidyar Network, Playfair Capital, Spark Capital
07/17/2015 Series A $12.3MM $xx.xx $33.83MM Arena Ventures, Federico Pirzio-Biroli, Future Perfect Ventures, Learn Capital, Omidyar Network, Playfair Capital, Spark Capital
Price per Share
$xx.xx
Shares Outstanding
8,661,580
Liquidation Pref Order
2
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
0.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Arena Ventures, Federico Pirzio-Biroli, Future Perfect Ventures, Learn Capital, Omidyar Network, Playfair Capital, Spark Capital
Access Stock Price
Private companies exploring an IPO
Last Funding Round
Company Forge Price Forge Price Change 5 Last Closed Trade Share Class Post-Money Valuation Price per Share Amount Raised
OpenAIOpenAI$469.47-0.01%$xx.xxFunding Round------
AndurilAnduril$40.88-3.86%$xx.xxSeries G$30.5B$xx.xx$2.5B
CerebrasCerebras$31.35-0.16%$xx.xxSeries F-1$2.87B$xx.xx$420MM
FigmaFigma$38.00+0.03%$xx.xxSeries E$10B$xx.xx$200MM
KrakenKraken$31.63+11.77%$xx.xxSeries B$5.52B$xx.xx$52.5MM
NetskopeNetskope$14.50+8.45%$xx.xxSeries H$7.5B$xx.xx$300MM
SheinShein----$xx.xx--------
KlarnaKlarna$37.31+21.02%$xx.xxUnknown------
DiscordDiscord$239.72+6.61%$xx.xxSeries I$15B$xx.xx$500MM
HeartFlowHeartFlow----$xx.xxSeries E$1.65B$xx.xx$305MM
See Tech IPO Calendar

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Updated on: Jul 9, 2025

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