A Lagos Mainland tech hub, Andela, has announced it has raised a $100m investment led by Generation Investment Management, one of the most successful investment management firms in the world.
The partnership with the company co-founded by former American Vice President, Al Gore, will help Andela to continue building the infrastructure for the future of distributed work even as it believes its efforts in remote work could help reduce greenhouse gas emission.
Over the past four years, Andela has evolved from a source of technical talent to a full cycle talent partner.
According to the CEO, Jeremy Johnson, “We’ve done that by leveraging the data we’ve collected on developer fit as well as the systems we’ve built to monitor developer performance in order to increase the success of distributed teams”.
With Al Gore’s Generation Investment Management of $100million, Andela has grown to $180million in venture capital.
Andela is now operational in Kenya, Uganda and Rwanda and has 1,100 developers on board working on staff in over 200 companies with 90% of them being in the United States, according to Bloomberg.