United States · Series E startup

Who invested in Andela

6 rounds we have observed, with the 27 investors named in them. Every figure came from a named source, and where the company reported a raise to the SEC itself, that is shown beside it.

EducationFashion

Valuation: $1.5B, Mar 2026

Funding summaryUpdated 26 Oct 2026

$377Mraised across 6 rounds since 2014, from 6 sources

$3.0MSeed$10MSeries A$24MSeries B$40MSeries C$100MSeries D$200MSeries E
Latest round
Series E, $200MSept 2021
Step-upi
2×
Investors
27
See who backed them

The funding story

Each circle is a round, placed by date and sized by amount. The line above is the running total.

2015201620172018201920202021
$3.0MSeed$10MSeries A$24MSeries B$40MSeries C$100MSeries D$200MSeries E
First round
Seed, $3.0M
Sept 2014
Biggest round
$200M
Series E · Sept 2021
Usual gap between rounds
15 months
the median of 5

The rounds

  1. Sept 2021
    Series E$200M4 new3 returning

    Source recordedSEC filing: $93M sold, first sale Sept 2021

  2. Jan 2019
    Series D$100M1 new2 returning

    Reported by FinSMEsSEC filing: $100M sold, first sale Dec 2018

  3. Oct 2017
    Series C$40M7 new

    Reported by FinSMEsSEC filing: $38M sold, first sale Sept 2017

  4. Jun 2016
    Series B$24M1 new
    • The Chan Zuckerberg Initiative & GV

    Reported by ForbesSEC filing: $24M sold, first sale May 2016

  5. Jun 2015
    Series A$10M1 new2 returning

    From a historical funding recordSEC filing: $15M sold, first sale Jun 2015

  6. Sept 2014
    Seed$3.0M13 new

    Also list them on their own siteVentureSouq

    From a historical funding recordSEC filing: $308K sold, first sale Sept 2014

Founders and team

From Andela's own website: 5 on the team.

  • Carrol ChangChief Executive Officer
  • Barun SinghChief Product & Technology Officer
  • Geoff MacNeilChief Revenue Officer
  • Lila MillsapVP, People
  • Erin LothsonGeneral Counsel

Who was in which round

The busiest backers across the latest rounds. A filled square is a round they joined; a dark one, a round they led.

Seed2014Series A2015Series B2016Series C2017Series D2019Series E2021Google VenturesSalesforce VenturesSpark CapitalSusa VenturesAmploSparkArena VenturesFounder CollectiveInternational Finance CorporationOmidyar Network

Everyone who backed them

Google VenturesCorporate VC2rounds
Salesforce VenturesCorporate VC2rounds
Spark CapitalVC firm2rounds
Susa VenturesVC firm2rounds
AmploVC firm2rounds
SparkGrowth equity2rounds
Arena VenturesVC firm2rounds
Founder CollectiveVC firm1round
International Finance CorporationGovernment1round
Omidyar NetworkFamily office1round
SerenaVC firm1round
Learn CapitalVC firm1round
Playfair CapitalVC firm1round
Rothenberg VenturesVC firm1round
Album VCVC firm1round
SparkLabs Global VenturesVC firm1round
Peak VenturesVC firm1round
Steve CaseVC firm1round
Melo7 Tech PartnersVC firm1round
Africa Angels NetworkVC firm1round
TLcom Capital LLPVC firm1round
Chan Zuckerberg InitiativeVC firm1round
Chris HughesAngel1round
CRE Venture CapitalVC firm1round
SilveryardVC firm1round
CRE Venture Capital/ DBLno record of our own yet1round
The Chan Zuckerberg Initiative & GVno record of our own yet1round

Missing a round, or an investor who was in one? Tell us.

Also claim to have backed them

These 13 firms list Andela as a portfolio company on their own websites, but no report of a round names them. They are the firms' own claims, kept apart from the rounds above.

High AlphaVC firm2026, per its site
VentureSouqVC firmSeed, per its site
High Alpha CapitalVenture studio2026, per its site
Future Perfect VenturesVC firmPer its own site
Air Street CapitalVC firmPer its own site
4DX VenturesVC firmPer its own site
Rogue Insight CapitalVC firmPer its own site
SparkLabs GroupVC firmPer its own site
TreasuryVC firmPer its own site
ConduitAcceleratorPer its own site
Dive InCompanyPer its own site
Purpose Venture CapitalVC firmPer its own site
Sweetwater Private EquityPrivate equityPer its own site

Quick answers about Andela

Who invested in Andela?

Andela's investors include Google Ventures, Salesforce Ventures, Spark Capital, Susa Ventures and Amplo, and 22 more on record.

How much has Andela raised?

Andela has raised $377M across 6 rounds since 2014.

When did Andela last raise?

Andela's most recent round was a Series E of $200M in Sept 2021.

What was Andela's biggest round?

Its most recent round, $200M in Sept 2021, is also its largest on record.

Who backed Andela first?

Andela's first round on record, in Sept 2014, was backed by Founder Collective, Susa Ventures and Omidyar Network and 10 others.

What stage is Andela at?

Andela's latest named round is a Series E, in Sept 2021.

Where is Andela based?

Andela is based in the United States.

Companies like Andela

In the same sector, and raised in the last eighteen months.

Sharp Performance$30M · Oct 2026Clasp$28M · Oct 2026Scholar Education$4.0M · Oct 2026Alma MaterSept 2026Cadense$1.1M · Sept 2026Positron$732M · Sept 2026

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