Andela Developers
SA Startup Root Teams Up with Andela & Momentum Health
We use cookies on our website to give you the most relevant experience by remembering your preferences and repeat visits. By clicking “Accept All”, you consent to the use of ALL the cookies. However, you may visit “Cookie Settings” to provide a controlled consent.
Nigeria’s Andela Achieves $1.5-Billion Valuation in Latest Series E Round
Image sourced from TechCabal. Andela, a global engineering talent outsourcing company launched in Nigeria in 2014 has secured a $200-million investment during a Series E funding round led by SoftBank Vision Fund 2, the venture capital arm of Japanese mega-corp SoftBank. This latest funding round brings Andela’s total valuation to $1.5-billion, officially making it Africa’s fifth unicorn startup. According to TechCabal, Andela began as an African-focused software developer training and outsourcing company. The firm soon grew to become a top source for talented, well-rounded developers in Africa thanks to the company’s developer training methodology and curriculum. The company received a comfortable $24-million injection from Facebook’s Mark Zuckerberg in 2016. Last year, Andela went complet...
