# Nexford University

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/nexford-university

- Industry: Education/Training
- Headquarters: Washington, US
- Website: www.nexford.com
- Total disclosed funding: $12M
- Latest round: Series A (Sep 8, 2022)
- Investors on record: 10

## About

Nexford University Inc is a digital higher education institution offering online degree programs that cater to the evolving needs of students globally, with a focus on accessibility and industry-relevant skills.Founded in 2017 and headquartered in Washington, US, Nexford University Inc specializes in online education. The company was established to address the educational needs of working professionals seeking flexible learning options. The CEO and founder, Fadl Al Tarzi, has a background in creating educational platforms. Nexford successfully completed its Series A funding round in September 2022, raising USD 8.00 mn from investors including Learn Capital and New Markets Venture Partners, with other participation from AMK Investment Office, Bisk Ventures, Future of Learning Fund, and IFC Venture Capital. The total funding raised by Nexford to date is USD 8.00 mn.Nexford University Inc offers a variety of online degree programs, including bachelor's and master's degrees in business administration, computer science, and data science. The programs are designed to provide flexible learning experiences, enabling remote access to course materials and interactions with instructors. This approach caters to a diverse range of students, particularly those from underserved markets in Africa, the Middle East, and parts of Asia, ensuring that the curriculum aligns with current industry needs.Nexford generates revenue primarily through tuition fees for its degree programs, utilizing a subscription model that allows students to pay monthly for access to course materials. The fee structure varies based on the number of courses required for degree completion, with an emphasis on affordability and direct engagement with students. This business-to-consumer model reinforces the company's commitment to making quality education accessible to a wider audience.Following its recent funding of USD 8.00 mn in September 2022, Nexford University Inc plans to enhance its technology infrastructure, expand its academic offerings, and increase its geographical presence. The funding will facilitate the development of new programs targeted at emerging markets, ensuring that Nexford continues to meet the needs of students globally. Specific new products and programs are in design, with a focus on launching them in the near future.

## Funding rounds

- Series A, Sep 8, 2022, $8M — New Markets Venture Partners, Learn Capital, Bisk Ventures, IFC Venture Capital, Global Ventures, Future Africa, Future of Learning Fund, AMK Investment Office
- Seed, Nov 7, 2019 — DAAL
- Seed, Apr 1, 2018, $4M — Magnify Ventures

## Investors

- Magnify Ventures — Seed
- DAAL (https://capitalatlas.ai/funds/daal) — Seed
- New Markets Venture Partners (https://capitalatlas.ai/funds/new-markets-venture-partners) — Series A
- Learn Capital (https://capitalatlas.ai/funds/learn-capital) — Series A
- Bisk Ventures (https://capitalatlas.ai/funds/bisk-ventures) — Series A
- IFC Venture Capital (https://capitalatlas.ai/funds/ifc-venture-capital) — Series A
- Global Ventures (https://capitalatlas.ai/funds/global-ventures) — Series A
- Future Africa — Series A
- Future of Learning Fund — Series A
- AMK Investment Office — Series A