Andela: valuation, funding rounds and share price

The most recent valuation reported for Andela in the deals we track is $1.5B (post-money, reported by company and multiple outlets (Sep 2021)), reported with its Series E in September 2021. Source: Andela raises $200M Series E led by SoftBank Vision Fund 2 at $1.5B valuation.

Andela has raised $200M across 1 disclosed round tracked by Africa Markets. Valuations are as reported at announcement and may not reflect current value.

No. Andela is a private company and its shares are not listed on a stock exchange, so there is no public Andela stock price. The most recent valuation reported was $1.5B in September 2021.

Andela also appears as ANDE in the Africa Markets trading demonstration, a members-only preview of our marketplace. Prices there come from a demonstration call auction in which members trade with demo cash; they are not real market prices, not a valuation of Andela, and no real shares change hands. Members can view ANDE in the demonstration.

Andela operates a global talent marketplace that uses AI-powered matching and assessments to connect enterprises with pre-vetted software engineers, data scientists, product designers and other technical professionals, primarily from emerging markets including Africa. Originally founded in Lagos, Nigeria in 2014 with a training and employment model for African developers, the company has pivoted to a marketplace/platform model and fully remote operations. It serves over 600 organizations including GitHub, Mastercard and WPP, with a network spanning more than 135 countries and reported client satisfaction of 98%. The business model is based on matching and placement fees for talent engagements, increasingly emphasizing AI fluency, assessments, upskilling and enterprise AI solution delivery.

As of 2026, Andela positions itself as an AI-native talent and services platform helping enterprises adopt and scale AI. It has partnerships with OpenAI (as a Select Partner), GitHub, AWS, Microsoft and others for training and deployment of AI workflows. The company has expanded beyond software development into data, design, cloud, DevOps and AI-specific roles.