Open English IPO

Open English was founded in 2006 by Andres Moreno, Kenny Vivas, Nicolette Rankin, and Wilmer Sarmiento. The company was reported to have begun confidential IPO filings in 2021, though it remains private as of February 2023.

Open English is an online English school. While the company operates primarily in Spanish-speaking countries, it has additional offices in Istanbul and Bangalore. Between 2015 and 2022, the company acquired Next U, English Ninjas, and enguru, an India-based English-learning platform. Open English has raised more than $130 million in venture capital funding from investors including Redpoint, Kaszek, Insight Partners, and Flybridge. The company has not disclosed valuation figures since 2013, when it was valued at $350 million.

These comments should not be interpreted to mean that the company is formally pursuing or foregoing an IPO.

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What is Open English's ticker symbol?

Open English does not currently have an official ticker symbol because this company is still private. Register today to connect with our Private Market Specialists and learn more about new pre-IPO investment opportunities.

What is Open English's stock price?

The stock price for Open English will be known as it becomes public. Here are similar public companies: Udemy (NAS: UDMY), Duolingo (NAS: DUOL), Stride (NYS: LRN).

Who are Open English's major investors?

Redpoint Ventures
Technology Crossover Ventures
Flybridge Capital Partners
Kaszek Ventures
Nexos Capital Partners

Open English Funding Rounds and IPO Valuation

Date Funding Round Funding Raised Price per Share IPO Valuation
5/31/2022 Series E, Next U, and PleIQ $364.18MM $XXX.XX $XXX.XX
4/27/2013 Series D $337.53MM $XXX.XX $XXX.XX
7/26/2012 Series C and C-1 $200.97MM $XXX.XX $XXX.XX
11/7/2011 Series B-1 $32.15MM $XXX.XX $XXX.XX
5/11/2011 Series B $26.15MM $XXX.XX $XXX.XX
11/10/2010 Series A $12.86MM $XXX.XX $XXX.XX
Based on primary financings
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What is Open English funding to date?

Open English has raised $134.61MM with the following series:
$12.86MM for Series A, $26.15MM for Series B, $32.15MM for Series B-1, $200.97MM for Series C and C-1, $337.53MM for Series D, $364.18MM for Series E, Next U, and PleIQ, $12.86MM for Series A, $26.15MM for Series B, $32.15MM for Series B-1, $200.97MM for Series C and C-1, $337.53MM for Series D, $364.18MM for Series E, Next U, and PleIQ.
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When was Open English founded?

Open English was founded in 2007.
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Can you invest in Open English?

Open English is a privately held company and is not publicly traded on NYSE or NASDAQ in the U.S. To buy pre-IPO shares of a private company, you need to be an accredited investor. Learn more about how to invest in the private market or register today to get started.

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Is Open English a publicly traded company?

Open English is a private company and not publicly traded.

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