Note: Revenues for privately held companies are statistical evaluations.
Andela's annual revenues are $10-$50 million (see exact revenue data) and has 10-100 employees. It is classified as operating in the Custom Computer Programming & Software Development Services industry.
Note: Andela's revenues are gauged from an analysis of company filings.
Andela has actively raised capital from investors. These investors may include private investors, venture capital firms, or other investment vehicles.
January 23, 2019
Complete list of funding rounds and total amounts in the Company Report
Andela's Income Statement (based on Industry Averages)
$ Millions (Industry Average)
Andela Revenue (Sales)
Cost of Goods Sold
Salaries and wages
Other Operating Expenses
Total Operating Expenses
EBIT (Earnings Before Interest and Taxes)
Trademark applications show the products and services that Andela is developing and marketing.
Andela doesn't have any recent trademark applications, indicating Andela is focusing on
its existing business rather than expanding into new products and markets.
Trademarks may include brand names, product names, logos and slogans.
ANDELA technical consulting services in the field of software development and education
Determine whether Andela grew or shrank during the last recession. This is useful in estimating the
financial strength and credit risk of the company.
Compare how recession-proof Andela is relative to the industry overall.
While a new recession may strike a particular industry, measuring the
industry and company's robustness during the last recession estimates its ability to weather future recessions.
Market Share of Competition: Andela vs. Largest Competitors
A competitive analysis shows these companies are in the same general field as Andela, even though they may not compete head-to-head.
These are the largest companies by revenue. However, they may not have the largest market share in this industry if they have diversified into other business lines.
The "Competition" section of a business plan or investment memorandum would start by analyzing the information about these companies.
Competitive advantage comes from offering better pricing or superior products/service.
These companies are in the same general field as Andela and are rapidly expanding. Companies may grow organically or through acquisition. In some cases apparently high growth rates may be caused by data that weren't available in previous years.