Connecting African software developers with top tech companies nets Andela $100 million

TechCrunch
By Jonathan Shieber
January 23, 2019

Andela, the com­pa­ny that con­nects Africa’s top soft­ware devel­op­ers with tech­nol­o­gy com­pa­nies from the U.S. and around the world, has raised $100 mil­lion in a new round of fund­ing.

The new financ­ing from Gen­er­a­tion Invest­ment Man­age­ment (the invest­ment fund co-found­ed by for­mer Vice Pres­i­dent Al Gore) puts the val­u­a­tion of the com­pa­ny at some­where between $600 mil­lion and $700 mil­lion, based on data avail­able from Pitch­Book on the company’s val­u­a­tion fol­low­ing its pre­vi­ous $40 mil­lion fund­ing.

To read the com­plete arti­cle, vis­it TechCrunch.