Open English

Open English is an online English school. In 2014, the school had 100,000 students in the Spanish speaking world.[1]

Open English
TypePrivate
IndustryEnglish language online education
FoundedCaracas, Venezuela
September 2006
FounderAndrés Moreno, Nicolette Rankin and Wilmer Samiento
Headquarters
Coconut Grove, Florida
Key people
Andrés Moreno (CEO)
Websitewww.openenglish.com

History

Andrés Moreno, Nicolette Rankin and Wilmer Samiento, co-founded Open English in Caracas, Venezuela in September 2006.[2] In 2009, Rankin and Moreno moved the company to Miami, Florida.[3][4] Moreno played the English student and Rankin played the English teacher in their homemade commercials for Open English.[5]

From 2010 to 2013, the company raised $120 million in VC funding,[1] including $69 million in 2013 from venture firm Technology Crossover Ventures (TCV).[6]

In 2013, co-founder Rankin left Open English and co-founded another online school, Next University. In 2015, Next University was acquired by Open English.[7]

See also

References
  1. "Online School Has 100,000 Students, One Subject". wsj.com. 2014-06-17. Retrieved 2018-05-03.
  2. "Open English". hbr.org. Retrieved 2018-05-03.
  3. Palsuka, Nicole (June 18, 2013). "Why This $350 Million Online Language School Moved To Miami". WLRN-TV. Retrieved April 24, 2018. Co-founder Nicolette Moreno, the chief product officer, was married to Andrés and also appears in Open English TV ads.
  4. "In the Field of Digital Marketing, #TimesUp for Women to Claim Their Power". 2018-01-09. Archived from the original on 2018-04-24. Retrieved 2018-05-03.
  5. "Tech Journey: $700 to $350 Million". ABC News. 2013-06-26. Retrieved 2018-02-22.
  6. Chapman, Lizette (2013-04-26). "OpenEnglish Raises $65M to Scale Online Learning". Wall Street Journal. ISSN 0099-9660. Retrieved 2018-05-03.
  7. "Miami's Open English buys Next University". miamiherald. Retrieved 2018-04-26.
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