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Valuation

$1.5B

2024 Revenue

$264M

Funding

$419M

Team

1.3K

Founded

2014

How Andela CEO Carrol Chang grew to $264M revenue with a 1253 person team in 2024.

Andela is a global tech talent platform that connects companies with vetted, remote engineers in emerging markets, focusing on sustainable careers.

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Andela Revenue

In 2024, Andela's revenue reached $264M. Since its launch in 2014, Andela has shown consistent revenue growth.

Andela Revenue GrowthReported revenue / ARR over time$0$60M$120M$180M$240M$300M201420162018202020222024$0$264MSource: GetLatka.com
YearMilestoneQuote
2024Andela Hit $264m revenue in December 2024
2014Launched with $0 revenue

Andela Valuation, Funding Rounds

Andela reached a $1.5B valuation in 2021, set during its Series E round.

Andela has raised $419M in total funding across 5 rounds, most recently a $200M Series E round in 2021.

Andela Capital Raised & ValuationCumulative capital raised and post-money valuation by roundCapital raised (cum.)Valuation$0$0$400M$100M$800M$200M$1B$300M$2B$400M$2B$500M20142015201620172018201920202021$2BSource: GetLatka.com
YearRoundAmountValuation% SoldQuote
2021Series E$200M$1.5B13%
2019Series D$100M--
2018Series C$80M--
2016Series B$24M--
2015Series A$15M--

Founder / CEO

Carrol Chang

Carrol Chang is listed as Founder / CEO at Andela.

Q&A

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Customers

We do not have customer count information for Andela yet.

Andela Employees & Team Size

Andela employs approximately 1.3K people as of 2026.

Andela Team GrowthReported headcount over time03006009001,2001,5002014201620182020202220242025001,2531,253Source: GetLatka.com
YearMilestone
2025Reached 1.3K employees (November 2025)

Frequently Asked Questions about Andela

What is Andela's revenue?

Andela generates $264M in revenue.

Who founded Andela?

Andela was founded by Carrol Chang.

Who is the CEO of Andela?

The CEO of Andela is Carrol Chang.

How much funding does Andela have?

Andela raised $419M.

How many employees does Andela have?

Andela has 1.3K employees.

Where is Andela headquarters?

Andela is headquartered in New York, New York, United States.

Data and Sources

All figures on this page are taken directly from interviews or are estimates from public sources and proprietary models. Not financial advice. Read full disclaimer.

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Andela Revenue 2024: $264M ARR, $1.5B Valuation