Andela is Finally a Unicorn, Now Expect AcquisitionsAndela, the talent epicenter of Africa’s tech revolution has raised $200 million from SoftBank’s Vision Fund 2, with the participation of Whale Rock, an American investment firm.
Generation Investment Management—the Al Gore firm that led a $100 million round in 2019—and the Chan Zuckerberg Initiative, which first invested in 2016, also backed this Series E round that values Andela at $1.5 billion.
Startups like Decagon (Nigeria), Gebeya (Ethiopia), and Moringa School (Kenya) took up developer training after Andela exited that line of business in Africa. Are they on Acquisition radar?
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