Open English Stock

openenglish.comEducation / Other EducationFounded: 2009Funding to Date: $274.22MM

Open English is an English language learning software offering traditional and private classes, content, and lessons. Open English services are available to children, adults, and businesses. Open English was founded in 2006 by Wilmer Sarmiento, Andres Moreno, Kenny Vivas, and Nicolette Moreno and is headquartered in Coral Gables, FL.

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Private Market Pricing DetailsValuation & Financings

Open English Stock Price

Forge Price 1
Price not yet available
Last Closed Trade 2
Close Date
xx/xx/xx
Last Closed Trade Price
$xx.xx
Last Funding Round (LFR)
Date
xx/xx/xx
Price per Share
$xx.xx

Open English Funding Rounds and Valuation

Funding History Chart
Funding Round Details
Funding Date Share Class Amount Raised Price per Share Post-Money Valuation Key Investors
09/06/2024 Series F-E $269,744 $xx.xx $441.15MM Undisclosed Investors
Price per Share
$xx.xx
Shares Outstanding
10,179
Liquidation Pref Order
1
Liquidation Pref As Multiplier
2.0x
Conversion Ratio
1.0x
Dividend Rate
700.0%
Cumulative
Non-cumulative
Participating
Participating
Participation Cap
1000
Key Investors
Undisclosed Investors
09/06/2024 Series F-D $2.5MM $xx.xx $441.15MM Undisclosed Investors
Price per Share
$xx.xx
Shares Outstanding
94,522
Liquidation Pref Order
2
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
700.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
N/A
Key Investors
Undisclosed Investors
09/06/2024 Series F-C1 $77,072 $xx.xx $441.15MM Undisclosed Investors
Price per Share
$xx.xx
Shares Outstanding
4,282
Liquidation Pref Order
2
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
700.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
N/A
Key Investors
Undisclosed Investors
09/06/2024 Series F-C $1.66MM $xx.xx $441.15MM Undisclosed Investors
Price per Share
$xx.xx
Shares Outstanding
109,448
Liquidation Pref Order
2
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
700.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
N/A
Key Investors
Undisclosed Investors
09/06/2024 Series F-B1 $79,663 $xx.xx $441.15MM Undisclosed Investors
Price per Share
$xx.xx
Shares Outstanding
20,671
Liquidation Pref Order
2
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
700.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
N/A
Key Investors
Undisclosed Investors
09/06/2024 Series F-B $163,775 $xx.xx $441.15MM Undisclosed Investors
Price per Share
$xx.xx
Shares Outstanding
50,996
Liquidation Pref Order
2
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
700.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
N/A
Key Investors
Undisclosed Investors
09/06/2024 Series F-A $247,879 $xx.xx $441.15MM Undisclosed Investors
Price per Share
$xx.xx
Shares Outstanding
137,291
Liquidation Pref Order
2
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
700.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
N/A
Key Investors
Undisclosed Investors
05/31/2022 Series PleIQ $456,679 $xx.xx $364.18MM Undisclosed Investors
Price per Share
$xx.xx
Shares Outstanding
82,433
Liquidation Pref Order
6
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
N/A
Key Investors
Undisclosed Investors
05/31/2022 Series Next U $4.4MM $xx.xx $364.18MM Undisclosed Investors
Price per Share
$xx.xx
Shares Outstanding
800,777
Liquidation Pref Order
5
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
N/A
Key Investors
Undisclosed Investors
05/31/2022 Series E $7MM $xx.xx $364.18MM Undisclosed Investors
Price per Share
$xx.xx
Shares Outstanding
264,144
Liquidation Pref Order
3
Liquidation Pref As Multiplier
2.0x
Conversion Ratio
1.0x
Dividend Rate
700.0%
Cumulative
Non-cumulative
Participating
Participating
Participation Cap
1000
Key Investors
Undisclosed Investors
04/27/2013 Series D $65MM $xx.xx $337.53MM Technology Crossover Ventures
Price per Share
$xx.xx
Shares Outstanding
2,452,831
Liquidation Pref Order
4
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
700.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
N/A
Key Investors
Technology Crossover Ventures
07/26/2012 Series C-1 $2MM $xx.xx $200.97MM Insight Venture Partners, Redpoint Partners, Flybridge, Kaszek
Price per Share
$xx.xx
Shares Outstanding
111,111
Liquidation Pref Order
4
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
700.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
N/A
Key Investors
Insight Venture Partners, Redpoint Partners, Flybridge, Kaszek
07/26/2012 Series C $43MM $xx.xx $200.97MM Insight Venture Partners, Redpoint Partners, Flybridge, Kaszek
Price per Share
$xx.xx
Shares Outstanding
2,840,157
Liquidation Pref Order
4
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
700.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
N/A
Key Investors
Insight Venture Partners, Redpoint Partners, Flybridge, Kaszek
11/07/2011 Series B-1 $2.07MM $xx.xx $32.15MM Kaszek Ventures
Price per Share
$xx.xx
Shares Outstanding
536,415
Liquidation Pref Order
4
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
700.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
N/A
Key Investors
Kaszek Ventures
05/11/2011 Series B $4.25MM $xx.xx $26.15MM Flybridge Capital Partners
Price per Share
$xx.xx
Shares Outstanding
1,323,348
Liquidation Pref Order
4
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
700.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
N/A
Key Investors
Flybridge Capital Partners
11/10/2010 Series A $6.43MM $xx.xx $12.86MM Flybridge
Price per Share
$xx.xx
Shares Outstanding
3,562,687
Liquidation Pref Order
4
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
700.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
N/A
Key Investors
Flybridge

Open English investors also invested in these private companies

Leadership & Board

Leadership

Alexander Sotelo
Chief Financial Officer
María Figueroa
Chief Operating and Marketing Officer & Board Member
Alfonso Santiago
Chief Product Officer
Andres Moreno
Co-Founder, Chief Executive Officer & Chairman
Kenny Vivas
Co-Founder & Head of Support

Board

Jeffrey Bussgang
Flybridge Capital Partners
Nari Ansari
TCV
Nicolas Szekasy
Kaszek
Robert Trudeau
TCV

Open English stock FAQs

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Can you buy Open English stock?

As Open English is not publicly traded, purchasing its stock is not available to everyone. To buy the stock of a private companies like Open English, you must be an accredited investor. If you meet the accreditation criteria, you can register for Forge’s Secondary Marketplace to buy private market stock. If you are not accredited, find out how to begin the process and qualify for new investment opportunities.
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How to buy Open English stock?

To invest in a private company like Open English through Forge, you must first qualify as an accredited investor. (Learn more about the accreditation process.)

  1. Create a free account to access Forge’s marketplace.
  2. Express your interest in specific investments. Within Forge Markets, you will find detailed pricing and financing information for thousands of private companies.
  3. Throughout this process, a dedicated Forge Private Market Specialist will be available to address any questions you may have and to guide you seamlessly through each step of the transaction.
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Can you sell Open English stock?

Yes, you may sell the Open English stock you currently own. Forge can help you facilitate the sale of your stock in a manner that aligns with your needs and the company’s interests. If you are looking for liquidity, register with us today to begin the process. A dedicated Forge Private Market Specialist will be available to address any questions you may have along the way.
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How to sell Open English stock?

If you hold private company shares of Open English – whether as an employee or an early investor – Forge can help you sell them.

  1. Create a free Forge account, this will give you access to Forge’s marketplace and to one of our experienced Private Market Specialist to answer any questions you might have.
  2. Indicate your interest to sell your Open English on our platform.
  3. Work with your dedicated Private Market Specialist who’ll help guide you through every step of the transaction.
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Is Open English a public company?

No, Open English is a privately held company and is currently not publicly traded on any stock markets including NYSE or NASDAQ.
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What is Open English’s stock price?

Open English is a privately held company and therefore does not have a public stock price. However, you may access Open English private market stock price with Forge Data.
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What is Open English’s stock ticker symbol?

Open English does not have an official ticker symbol because this company is not currently publicly traded.
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Can institutional investors buy and sell private market stocks?

Yes. As one of the largest trading platform for the private market, Forge helps institutional investors seek liquidity as they buy and sell private stock for their portfolios or their clients. Our private market specialists have decades of experience working with institutional firms. Learn more or register today to get started.

Open English’s news and media highlights

Open English announced the appointment of three new board members who will support the company's mission of high quality, effective and affordable English-learning solutions.
Miami-based online learning firm Open English has made its first bet in India with the acquisition of Bengaluru-based mobile language-learning app Enguru for an undisclosed amount in a share swap deal.
With more than a decade in the online education market, Open English has been able to take advantage of the opportunity represented by the measure of confinement by the virus. Andrés Moreno, CEO of the startup, talks to AméricaEconomía about its successful result.
Updated on: Nov 21, 2024

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