Startup Andela launches with seed round

Technology company Andela has launched with a seed round of funding. Investors include Steve Case, Omidyar Network, Founder Collective, Rothenberg Ventures, Learn Capital, Melo7 Tech Partners, and Chris Hughes. The size of the round is undisclosed.

PRESS RELEASE

Andela, a first-of-its-kind technology company dedicated to eliminating the global skills gap, is announcing its official launch and seed round of
funding today. The company, which has been in private beta since June, identifies and trains brilliant young people in developing countries to serve as full-time computer programmers at
global companies. Investors in the seed round include Steve Case, Omidyar Network, Founder Collective, Rothenberg Ventures, Learn Capital, Melo7 Tech Partners, and Chris Hughes. The size of the round is undisclosed.

“The breadth of support we are receiving from so many seasoned investors is a testament to the value we can bring our partners, which include U.S. and European technology and service
companies,” said Andela co-founder and CEO Jeremy Johnson, a serial education technology entrepreneur and co-founder of 2U. “Andela recognizes that while aptitude is evenly distributed,
opportunity is not. With the fastest growing and youngest population in the world, Africa is the largest market of untapped talent. Our goal is to tap into this brilliance to bring the world’s
brightest minds to firms looking for quality developers.”

Using a combination of proprietary and third-party assessments, Andela sources talent globally, and provides an industry-leading certification course and 24/7 support for employers looking to
bolster their technical teams. The startup’s inaugural class of developers is based in Lagos, Nigeria, where 5,200 applicants competed for the first 28 slots, an acceptance rate of .53%, making the program roughly ten
times more selective than Harvard.

Andela developers specialize in the MEAN stack (Mongo.db, Express, Angular, and Node.js) of JavaScript based technologies. Partners can expect a coder who is both technically adept and
offers timely responses during regular business hours.

“Our Andela developer is fantastic,” said Bob Calise, CTO of Young Entrepreneur Council (YEC), a current Andela partner. “Brice is gifted, focused and responsive. I don’t need to
micromanage him – I just give him a task and when I check back in, it’s done. I look forward to bringing on another Andela developer.”

Andela coders undergo ongoing professional development and have a minimum of 1,000 hours of coding experience. Furthermore, Andela offers customers a 30-day risk free trial period.
“The caliber of talent at Andela ranks in the top 1% of all workers being assessed on our systems worldwide,” said Neil MacGregor, CEO of Plum.io, an pre-employment assessment company.
“Every Andela developer has a problem-solving ability in the top 5% of the workforce, making them among the brightest recruits anywhere. Simply put, Andela recruits are some of the most
brilliant, driven, and detail-oriented developers we have ever seen.”

About Andela
Andela is a technology startup dedicated to bridging the global skills gap by identifying, training and employing brilliant young people from around the world. The company was founded by serial
education entrepreneur and 2U co-founder Jeremy Johnson and is backed by investors including Omidyar Network, Founder Collective, Rothenberg Ventures, Learn Capital, Melo7 Tech
Partners, Steve Case, and Chris Hughes. Andela was founded in 2014 and is headquartered in New York.