Andela
Andela is a recruiting marketplace connecting companies with software engineers from a global talent network spanning 110 countries.
Secondary Market Price
How Andela Measures Up
To help you manage your Andela equity, Prospect has run the company through our machine learning model.
Prospect Rating
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This rating reflects our belief in this company's potential to grow to that many times its current value in 4 years. For an employee with stock, this rating suggests a potential return on equity, but it also comes with some risk.
Exit Risk
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Our rating is a reflection of the likelihood of this company achieving a liquidity event for its employees based on the quality of investors, funding stage, founders, and more.
Funding Stage
Series E
A company’s funding stage reflects how established it is, how quickly it is scaling, and the average impact an employee may have when joining.
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Prospect Projected Future Andela Prices
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Powerful tools to earn more from your equity
Company Description
Andela operates a recruiting marketplace that connects organizations with a global network of technology professionals. The company sources, recruits, and pairs software engineers with technology firms for full-time, distributed roles. Its talent community spans six continents and includes clients such as InVision, Cloudflare, and ViacomCBS. Founded in 2014, Andela's initial mission was to connect talent from emerging markets with global opportunities. The company has since expanded its operations to over 110 countries and is backed by investors including Generation Investment Management, SoftBank, the Chan Zuckerberg Initiative, and Google Ventures.
Andela's current focus is on supplying enterprise-ready engineering talent for the artificial intelligence ecosystem. A recent development in this strategy was the acquisition of Woven, a company that provides human-powered technical assessments. Andela plans to use this acquisition to enhance its technical assessment and upskilling capabilities, with the goal of creating an engine to verify AI fluency and readiness for real-world job demands. The company has also highlighted Africa's growing role in AI, noting investments in the region from major technology firms.
- SoftBank Vision Fund 2
- Whale Rock
- Generation Investment Management
- Chan Zuckerberg Initiative
- Spark Capital
- Co-Founder, Jeremy Johnson
- Co-Founder, Iyinoluwa Aboyeji
- Co-Founder, Nadayar Enegesi
- Co-Founder, Brice Nkengsa
- Co-Founder, Ian Carnevale
- Co-Founder, Christina Sass
Peer Group Comparison
Vs Peer Group of >$4B Startups
Frequently Asked Questions
Joining Anduril as an employee is another way to acquire equity, typically through stock options included in compensation packages.
Is Andela worth joining?
Deciding to join any startup, including Andela, depends on your personal career goals and tolerance for risk. Working at a high-growth private company can offer significant financial upside through equity, but it's a different path than a more established public corporation.
What should I do with my Andela stock?
The right strategy for your Andela stock depends on your individual financial situation, such as your income and risk appetite. Platforms like Prospect can help you build a custom plan for your equity by analyzing your holdings and tax details to maximize their post-tax value.
Can you sell Andela stock?
As Andela is a private company, you cannot sell shares on a public exchange like the NYSE or Nasdaq. However, you may be able to sell shares during company-approved tender offers or on secondary markets, which facilitate transactions in private company stock.
How can I find the value of my Andela stock?
The value of private stock is not publicly listed and is often estimated based on the company's last 409A valuation or its most recent funding round. For a more data-driven forecast, you can use services with predictive models that project your equity's potential future value based on various market signals.
What is Andela's equity worth?
The total worth of Andela's equity changes based on its business performance and investor demand, with a formal valuation typically set during a funding round or a 409A assessment. The value of your specific equity grant will depend on the number of shares and the current valuation.
What is Andela's stock ticker symbol?
Andela does not have a stock ticker symbol because it is a privately held company. Ticker symbols are only assigned to companies when they list their shares on a public stock exchange through an Initial Public Offering (IPO).
Can I buy or sell Andela stock?
For employees, "buying" Andela stock usually means exercising your vested stock options, while selling is possible during specific liquidity events like tender offers. Tools like those offered by Prospect can help you navigate the complexities of when to exercise and how much to sell for optimal tax outcomes.
What is the criteria to buy or invest in Andela stock?
Investing in a private company like Andela is generally limited to accredited investors and venture capital firms during specific funding rounds. For non-investors, the primary way to acquire an equity stake is by being an employee who receives stock options as part of their compensation.
