Andela, a company building distributed engineering teams with Africa’s top software developers, has announced the completion of a US$100M Series D funding. The round was led by Generation Investment Management with participation from existing investors including Chan Zuckerberg Initiative, GV, Spark Capital, and CRE Venture Capital. The most recent financing brings Andela’s total venture funding to US$180M.
Andela, which has tech campuses in Nigeria, Kenya, Uganda, and Rwanda, was founded in 2014 to connect Africa’s engineering talent with the demand for software developers worldwide. In four years, Andela has assessed more than 100,000 applicants, hired 1,000 software developers, and integrated them into hundreds of companies, such as Cloudflare, Percolate, and InVision.
With the Series D funding, Andela will accelerate the development of its technology platform to identify, develop and match talent at scale. By doing so, Andela will provide its customers with the data they need to understand developer performance and better manage distributed teams. The company will also expand its presence across Africa to meet the global demand for high-quality engineering talent.
“It’s increasingly clear that the future of work will be distributed, in part due to the severe shortage of engineering talent,” said Jeremy Johnson, co-founder and CEO of Andela.
“Given our access to incredible talent across Africa, as well as what we’ve learned from scaling hundreds of engineering teams around the world, Andela is able to provide the talent and the technology to power high-performing teams and help companies adopt the distributed model faster.”Click below to share this article