Andela Brings In $40 Million
HR and recruiting startup Andela completed $40 million in Series C financing led by CRE Venture Capital. DBL Investors, Salesforce Ventures, the Chan Zuckerberg Initiative, GV, Spark Capital, Amplo, and TLcom Capital also participated in the offering.
Andela’s mission is to provide companies with access to the top one percent of global tech talent by identifying high-potential developers on the African continent, training them to be world-class technical leaders, and pairing them with companies as full-time distributed team members. This allows Andela’s clients, which range from startups to the Fortune 500, to accelerate their product roadmaps while minimizing time spent interviewing, on-boarding, and training new hires.
The company revealed that Andela will use the capital to fuel its aggressive expansion plans.