Andela Funding: $380M Raised, Series E (2021)

Andela funding overview

Andela is based in Lagos, Nigeria. Andela has raised $380M in total disclosed funding. That places its disclosed total in the $250M–$1B range. Its most recent disclosed round is a Series E announced in September 2021. The round record for Andela runs through 2021; nothing later has been disclosed. Investors on record include SoftBank Vision Fund 2, Generation Investment Management, Chan Zuckerberg Initiative, Spark Capital, Serena Ventures, Whale Rock and 3 others. 9 distinct backers are named across the disclosed rounds.

Andela at a glance

Total raised: $380M
Latest round: Series E
Latest round date: September 2021
Headquarters: Lagos, Nigeria
Notable investors: SoftBank Vision Fund 2, Generation Investment Management, Chan Zuckerberg Initiative, Spark Capital, Serena Ventures, Whale Rock, CRE Venture Capital, GV

Frequently asked about Andela funding

How much has Andela raised?: Andela has raised $380M in total disclosed funding across the rounds on record.
Who has invested in Andela?: SoftBank Vision Fund 2, Generation Investment Management, Chan Zuckerberg Initiative, Spark Capital, Serena Ventures, Whale Rock are named among the investors backing Andela.
What was the latest Andela funding round?: The most recent disclosed round is a Series E, announced in September 2021.
Where is Andela based?: Andela is based in Lagos, Nigeria.
When did Andela last raise?: The last disclosed Andela round closed in September 2021 at Series E.

Every Andela figure above comes from filings and announced rounds in the StartupFundraising company database and is revised as new rounds are recorded. The lists below compare companies in Lagos at a similar stage.

Andela Funding: $380M Raised, Series E (2021)

Andela funding overview

Andela at a glance

Frequently asked about Andela funding

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