# Andela funding: rounds and investors

> Andela has raised $377M across 6 rounds since 2014. Investors include Google Ventures, Salesforce Ventures and Spark Capital. Every round with its source.

Source: https://millionrounds.com/company/andela (Millionrounds; every figure on the page links to its filing or article)

United States · [Series E startup](https://millionrounds.com/companies)

# 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.

Education Fashion

Valuation: $1.5B, Mar 2026

Funding summary Updated 26 Oct 2026

**$377M** raised across 6 rounds since 2014, from 6 sources

**$3.0M** Seed **$10M** Series A **$24M** Series B **$40M** Series C **$100M** Series D **$200M** Series E

- **Latest round:** Series E, $200M Sept 2021
- **Step-up i:** 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.

2015 2016 2017 2018 2019 2020 2021

**$3.0M** Seed

**$10M** Series A

**$24M** Series B

**$40M** Series C

**$100M** Series D

**$200M** Series E

- **First round:** Seed, $3.0M
- **Biggest round:** $200M
- **Usual gap between rounds:** 15 months

## The rounds

- **Sept 2021** Series E **$200M** *4 new* *3 returning* [Salesforce Ventures](https://millionrounds.com/fund/salesforce-ventures) [Spark Capital](https://millionrounds.com/fund/spark-capital) [International Finance Corporation](https://millionrounds.com/fund/international-finance-corporation-ifc) [Serena](https://millionrounds.com/fund/serena) [Playfair Capital](https://millionrounds.com/fund/playfair) [Album VC](https://millionrounds.com/fund/album) [Amplo](https://millionrounds.com/fund/amplo) Source recorded SEC filing: $93M sold, first sale Sept 2021
- **Jan 2019** Series D **$100M** *1 new* *2 returning* [Google Ventures](https://millionrounds.com/fund/gv) [Spark](https://millionrounds.com/fund/spark-3) [CRE Venture Capital](https://millionrounds.com/fund/cre-venture-capital) Reported by FinSMEs SEC filing: $100M sold, first sale Dec 2018
- **Oct 2017** Series C **$40M** *7 new* [Google Ventures](https://millionrounds.com/fund/gv) [Salesforce Ventures](https://millionrounds.com/fund/salesforce-ventures) [Amplo](https://millionrounds.com/fund/amplo) [Spark](https://millionrounds.com/fund/spark-3) [TLcom Capital LLP](https://millionrounds.com/fund/tlcom-capital) [Chan Zuckerberg Initiative](https://millionrounds.com/fund/chan-zuckerberg-initiative) CRE Venture Capital/ DBL Reported by FinSMEs SEC filing: $38M sold, first sale Sept 2017
- **Jun 2016** Series B **$24M** *1 new* The Chan Zuckerberg Initiative & GV Reported by Forbes SEC filing: $24M sold, first sale May 2016
- **Jun 2015** Series A **$10M** *1 new* *2 returning* [Spark Capital](https://millionrounds.com/fund/spark-capital) [Susa Ventures](https://millionrounds.com/fund/susa-ventures) [Arena Ventures](https://millionrounds.com/fund/arena-ventures) From a historical funding record SEC filing: $15M sold, first sale Jun 2015
- **Sept 2014** Seed **$3.0M** *13 new* [Founder Collective](https://millionrounds.com/fund/founder-collective) [Susa Ventures](https://millionrounds.com/fund/susa-ventures) [Omidyar Network](https://millionrounds.com/fund/omidyar-network) [Learn Capital](https://millionrounds.com/fund/learn-capital) [Rothenberg Ventures](https://millionrounds.com/fund/rothenberg-ventures) [SparkLabs Global Ventures](https://millionrounds.com/fund/sparklabs-global-ventures) [Peak Ventures](https://millionrounds.com/fund/peak-ventures) [Steve Case](https://millionrounds.com/fund/steve-case) [Melo7 Tech Partners](https://millionrounds.com/fund/melo7-tech-partners) [Arena Ventures](https://millionrounds.com/fund/arena-ventures) [Africa Angels Network](https://millionrounds.com/fund/africa-angels-network) [Chris Hughes](https://millionrounds.com/fund/chris-hughes) [Silveryard](https://millionrounds.com/fund/silveryard) Also list them on their own site [VentureSouq](https://millionrounds.com/fund/venturesouq) From a historical funding record SEC filing: $308K sold, first sale Sept 2014

## Founders and team

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

- **Carrol Chang** Chief Executive Officer
- **Barun Singh** Chief Product & Technology Officer
- **Geoff MacNeil** Chief Revenue Officer
- **Lila Millsap** VP, People
- **Erin Lothson** General 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.

**Seed** 2014 **Series A** 2015 **Series B** 2016 **Series C** 2017 **Series D** 2019 **Series E** 2021 [Google Ventures](https://millionrounds.com/fund/gv) [Salesforce Ventures](https://millionrounds.com/fund/salesforce-ventures) [Spark Capital](https://millionrounds.com/fund/spark-capital) [Susa Ventures](https://millionrounds.com/fund/susa-ventures) [Amplo](https://millionrounds.com/fund/amplo) [Spark](https://millionrounds.com/fund/spark-3) [Arena Ventures](https://millionrounds.com/fund/arena-ventures) [Founder Collective](https://millionrounds.com/fund/founder-collective) [International Finance Corporation](https://millionrounds.com/fund/international-finance-corporation-ifc) [Omidyar Network](https://millionrounds.com/fund/omidyar-network)

## Everyone who backed them

[Google Ventures](https://millionrounds.com/fund/gv) Corporate VC **2** rounds

[Salesforce Ventures](https://millionrounds.com/fund/salesforce-ventures) Corporate VC **2** rounds

[Spark Capital](https://millionrounds.com/fund/spark-capital) VC firm **2** rounds

[Susa Ventures](https://millionrounds.com/fund/susa-ventures) VC firm **2** rounds

[Amplo](https://millionrounds.com/fund/amplo) VC firm **2** rounds

[Spark](https://millionrounds.com/fund/spark-3) Growth equity **2** rounds

[Arena Ventures](https://millionrounds.com/fund/arena-ventures) VC firm **2** rounds

[Founder Collective](https://millionrounds.com/fund/founder-collective) VC firm **1** round

[International Finance Corporation](https://millionrounds.com/fund/international-finance-corporation-ifc) Government **1** round

[Omidyar Network](https://millionrounds.com/fund/omidyar-network) Family office **1** round

[Serena](https://millionrounds.com/fund/serena) VC firm **1** round

[Learn Capital](https://millionrounds.com/fund/learn-capital) VC firm **1** round

[Playfair Capital](https://millionrounds.com/fund/playfair) VC firm **1** round

[Rothenberg Ventures](https://millionrounds.com/fund/rothenberg-ventures) VC firm **1** round

[Album VC](https://millionrounds.com/fund/album) VC firm **1** round

[SparkLabs Global Ventures](https://millionrounds.com/fund/sparklabs-global-ventures) VC firm **1** round

[Peak Ventures](https://millionrounds.com/fund/peak-ventures) VC firm **1** round

[Steve Case](https://millionrounds.com/fund/steve-case) VC firm **1** round

[Melo7 Tech Partners](https://millionrounds.com/fund/melo7-tech-partners) VC firm **1** round

[Africa Angels Network](https://millionrounds.com/fund/africa-angels-network) VC firm **1** round

[TLcom Capital LLP](https://millionrounds.com/fund/tlcom-capital) VC firm **1** round

[Chan Zuckerberg Initiative](https://millionrounds.com/fund/chan-zuckerberg-initiative) VC firm **1** round

[Chris Hughes](https://millionrounds.com/fund/chris-hughes) Angel **1** round

[CRE Venture Capital](https://millionrounds.com/fund/cre-venture-capital) VC firm **1** round

[Silveryard](https://millionrounds.com/fund/silveryard) VC firm **1** round

CRE Venture Capital/ DBL no record of our own yet **1** round

The Chan Zuckerberg Initiative & GV no record of our own yet **1** round

Missing a round, or an investor who was in one? [Tell us](https://millionrounds.com/corrections?slug=andela).

## 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 Alpha](https://millionrounds.com/fund/high-alpha) VC firm 2026, per its site

[VentureSouq](https://millionrounds.com/fund/venturesouq) VC firm Seed, per its site

[High Alpha Capital](https://millionrounds.com/fund/high-alpha-capital) Venture studio 2026, per its site

[Future Perfect Ventures](https://millionrounds.com/fund/future-perfect-ventures) VC firm Per its own site

[Air Street Capital](https://millionrounds.com/fund/air-street-capital) VC firm Per its own site

[4DX Ventures](https://millionrounds.com/fund/4dx-ventures) VC firm Per its own site

[Rogue Insight Capital](https://millionrounds.com/fund/rogue-insight-capital) VC firm Per its own site

[SparkLabs Group](https://millionrounds.com/fund/sparklabs-group) VC firm Per its own site

[Treasury](https://millionrounds.com/fund/treasury) VC firm Per its own site

[Conduit](https://millionrounds.com/fund/conduit) Accelerator Per its own site

[Dive In](https://millionrounds.com/fund/dive-in) Company Per its own site

[Purpose Venture Capital](https://millionrounds.com/fund/purpose-venture-capital) VC firm Per its own site

[Sweetwater Private Equity](https://millionrounds.com/fund/sweetwater-private-equity) Private equity Per 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 2026](https://millionrounds.com/company/sharp-performance)[**Clasp** $28M · Oct 2026](https://millionrounds.com/company/clasp)[**Scholar Education** $4.0M · Oct 2026](https://millionrounds.com/company/scholar-education)[**Alma Mater** Sept 2026](https://millionrounds.com/company/alma-mater)[**Cadense** $1.1M · Sept 2026](https://millionrounds.com/company/cadense)[**Snorkel AI** $350M · Sept 2026](https://millionrounds.com/company/snorkel-ai)

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