The round was led by SoftBank Vision Fund 2, a $30 billion investment fund run by Japan’s SoftBank Group. Jeremy Johnson, cofounder and CEO of Andela, noted that the timing of the funding round also coincides with a seachange in the way that companies are thinking about work. The businesses that use it to find recruits aren’t just tech companies: Andela’s client roster includes household names in plenty of other industries, including Goldman Sachs, ViacomCBS and KraftHeinz. It competes with broad-based remote work sites such as Upwork, as well as with ones that focus on tech workers, such as Semicolon and Decagon. But the market quickly bounced back as companies doubled down on digital investments to help them weather the economic storm.
Source: Forbes September 29, 2021 17:22 UTC