Andela, A Digital Training Startup Raises USD24 Million From Mark Zuckerberg and Priscilla Chan (His Wife)

Andela, A Digital Training Startup Raises USD24 Million From Mark Zuckerberg and Priscilla Chan (His Wife)

This is a good news for the African tech community in general. Andela the startup that trains digital engineers and outsource their services to companies who needs them, Andela has just raised USD24 million Series B funding from Facebook Founder, Mark Zuckerberg and Priscillia Chan his wife.

The capital is part of Mark Zuckerberg and Priscilla Chan Fund for digital education. Andela started about two years ago and the company has trained about 200 digital engineers who are now working for startup and tech companies as outsourced or full staff.

With offices in Lagos Nigeria and Nairobi, Kenya, the company is expected to leverage the new funding to scale up its operations and train more programmers.

Andela is not yet making profit. The company has two products called 6Sense and Muse. Through these offerings, its engineer graduates are offered to tech giants such as Google, Microsoft and Facebook. If this model can be scaled, the company might be making a sustainable profit in the future.

However, instead of tieing itself to specific tech giants, Andela can grow its business as a tech forremost tech trainer and outsouring company in Africa and the Middle East. This is a strategy that can give it a turf to compete and dominate.

Nigeria is home to many miniature and established tech training schools such as the NIIT, Karrox and Centre4Tech, but the lack of funding and a ready made market for talents has diminished their prospects and enrolment.

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