
Andela is owned by Andela, Inc., a privately held, venture capital backed technology talent company headquartered in New York City. The brand is the company's masterbrand and has no separate parent. Andela has raised approximately $419 million in funding, including a $200 million Series E in September 2021 led by SoftBank Vision Fund 2 that valued the company at $1.5 billion.
| Brand | Parent Company | Ownership Type |
|---|---|---|
| Andela | Andela, Inc. | Brand division |
Andela was founded in May 2014 by Jeremy Johnson, Iyinoluwa Aboyeji, Nadayar Enegesi, Brice Nkengsa, Ian Carnevale, and Christina Sass. The founding idea was that talent is evenly distributed globally but opportunity is not, and that African software developers could serve global companies remotely if properly assessed, trained, and matched.
The company launched with training campuses in Lagos, Nigeria, and later Nairobi, Kenya, running a selective fellowship that accepted a small fraction of applicants, trained them in software development, and placed them on remote teams at companies such as Microsoft and GitHub. Early funding included a $10 million Series A in 2015 and a $24 million Series B in 2016 led by the Chan Zuckerberg Initiative, the foundation's first major startup investment in Africa.
A $40 million Series C followed in 2017, and a $100 million Series D in January 2019 pushed total funding past $180 million. By that point Andela had trained and placed more than a thousand engineers and had expanded to Uganda and Rwanda.
In 2020 the company made a decisive shift. It closed its physical campuses, ended the resident fellowship model, and relaunched as a fully remote, global talent marketplace open to senior engineers across dozens of countries rather than only entry-level developers in a few African cities. The pivot broadened its talent pool dramatically while keeping Africa the largest talent region.
The September 2021 Series E, led by SoftBank Vision Fund 2 with participation from Whale Rock and existing investors, brought total funding to about $381 million at a $1.5 billion valuation. Carrol Chang, formerly of Uber and McKinsey, became CEO, succeeding co-founder Jeremy Johnson.
Since 2022 Andela has repositioned around artificial intelligence demand, describing its marketplace as a human compute layer for AI systems. Its work now includes supplying engineers who train and evaluate models, deploying AI native engineering teams, and upskilling client workforces. Workforce estimates for 2025 and 2026 put direct headcount near 1,000 to 1,300, down from a 2022 peak above 1,700, while the contractor network numbers in the tens of thousands across more than 100 countries.
What does Andela, Inc. own?
Andela owns a single brand, the Andela talent marketplace, plus the assessment technology behind it. It has no separate subsidiary brands; all services are sold under the Andela name.
Is Andela publicly traded?
No. Andela is privately held. Its shares are owned by founders, employees, and venture investors and do not trade on any exchange.
Who founded Andela?
The company was founded in 2014 by Jeremy Johnson, Iyinoluwa Aboyeji, Nadayar Enegesi, Brice Nkengsa, Ian Carnevale, and Christina Sass.
Where is Andela headquartered?
Andela is headquartered in New York, New York, USA. Its workforce and talent network are distributed across more than 100 countries, with the largest share in Sub-Saharan Africa.
How many brands does Andela own?
One. Andela operates a single masterbrand and does not maintain a multi-brand portfolio.
Who owns Andela?
Ownership is split among founders, employees, and venture capital investors. Major backers include SoftBank Vision Fund 2, Generation Investment Management, the Chan Zuckerberg Initiative, Spark Capital, and Google Ventures. The last disclosed valuation was $1.5 billion in September 2021.
Has Andela raised major funding recently?
Its largest round was the $200 million Series E in September 2021. No major equity round has been publicly announced since; reported deals through 2025 and 2026 were smaller later-stage and debt transactions.
Andela's public record is comparatively clean, but two issues are documented. In 2019 the company faced criticism after reports described low acceptance rates and pay gaps for its African fellows relative to client billing rates, part of a broader debate about labor arbitrage in remote talent marketplaces. The company said fellows received competitive local wages plus training and career capital.
The company also went through repeated layoffs between 2020 and 2025 as it wound down the fellowship model and restructured for the marketplace pivot, eliminating several hundred roles across Lagos, Nairobi, Kampala, and Kigali. Workforce data providers show direct headcount declining roughly 28 percent between 2023 and mid-2026. No major regulatory actions or product recalls are on record.
These competing brands operate in the same categories and provide similar products or services. Compare key attributes to understand market positioning and competitive landscape.
| Brand | Parent Company | Country | Founded | Market Position | Primary Market | Gender Target |
|---|---|---|---|---|---|---|
| Cs Outsource | United States | 2021 | Mass market | United states | All Genders | |
| Upwork | USA | 2015 | Market leader | Global | All Genders |
Technology SoftwareOwned by CS Outsource
Virtual assistant staffing brand headquartered in New York, providing managed outsourced teams for real estate, property management, and home services businesses. Founded in 2021.
Technology SoftwareOwned by Upwork Inc.
World's largest freelance marketplace connecting businesses with independent professionals, formed by the 2015 Elance-oDesk merger.
Market Positioning: Andela competes with 2 brands in the same categories, ranging from mass market to luxury positioning.
Geographic Distribution: Competitors are headquartered across multiple regions, indicating global competition in this market segment.
Brand Heritage: Competitor brands range from established heritage brands to newer market entrants, with founding years spanning several decades.
Looking for brands with different ownership structures? These similar brands are not owned by Andela, Inc., giving you alternative choices that support different corporate structures.
Technology SoftwareOwned by CS Outsource
Virtual assistant staffing brand headquartered in New York, providing managed outsourced teams for real estate, property management, and home services businesses. Founded in 2021.
CS Outsource operates independently without a large parent corporation.
Technology SoftwareOwned by Upwork Inc.
World's largest freelance marketplace connecting businesses with independent professionals, formed by the 2015 Elance-oDesk merger.
Upwork operates independently without a large parent corporation.
Technology SoftwareOwned by Fiverr International Ltd.
Global online marketplace for freelance digital services, founded in Tel Aviv in 2010 and listed on the NYSE since 2019.
Fiverr operates independently without a large parent corporation.
Technology SoftwareOwned by Trustpilot Group plc
The world's largest open customer review platform, founded in Copenhagen in 2007 and listed on the London Stock Exchange since 2021.
Trustpilot operates independently without a large parent corporation.
Technology SoftwareOwned by Adder Technology Limited
High-performance KVM-over-IP switches and extenders for mission-critical IT, broadcast, and control rooms.
Adder Technology operates independently without a large parent corporation.
Technology SoftwareOwned by Automatic Data Processing, Inc.
World's leading payroll and human capital management brand, paying roughly one in six U.S. workers for more than 1.1 million clients through its RUN, Workforce Now, and TotalSource platforms.
ADP operates independently without a large parent corporation.
Discover popular brands and companies in the Technology & Software category and related searches from other users.

Berlin-developed digital audio workstation for music production and live performance, created by Ableton AG and first released in 2001.

Free PDF viewing software developed by Adobe Inc., originally released in 1993. Acrobat Reader is the world's most widely used PDF reader, available on Windows, macOS, iOS, and Android.

PDF creation, editing, and document management software developed by Adobe Inc. Launched in 1993 alongside the PDF format. Now includes Acrobat Studio and AI Assistant features.