# Open English

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/open-english

- Industry: Education/Training
- Headquarters: Coral Gables, US
- Website: www.openenglish.com
- Total disclosed funding: $120M
- Latest round: Series D (Apr 26, 2013)
- Investors on record: 5

## About

Open English is a US-based online platform dedicated to improving English language skills through innovative, interactive lessons and resources, targeting students of all ages and businesses seeking language proficiency.Founded in 2006 in Coral Gables, US, Open English provides an online English learning platform. The company has raised a total of USD 65.00 mn through four funding rounds, with the most recent being Series D in November 2015, led by TCV and supported by Insight Partners and Redpoint Ventures. The company was co-founded by Andres Moreno, Bert Leatherman, Josh Hubbard, Masoma Karimi, Nicolette Rankin, and Wilmer Sarmiento. Currently, Emma Spiegel and Gerard Belinga serve as CEO.Open English offers a comprehensive online English language learning platform, designed for adults, children, and businesses. The core service features unlimited live classes available 24/7, conducted by native English-speaking instructors, allowing students to enhance their fluency through interactive immersion. Additional resources include a pronunciation tool, grammar guides, and preparation for internationally recognized exams such as TOEFL, IELTS, and TOEIC. The company serves over one million users in Latin America and the United States, with a specific program, Open English Junior, aimed at children aged 8 to 14.Open English generates revenue through a subscription-based model, offering various plans for individual and corporate users. Customers can subscribe monthly or annually, with options for personalized one-on-one instruction at an additional cost. The flagship offering provides unlimited access to live group classes and supplementary resources at a competitive monthly rate, fostering strong relationships with users and meeting the needs of businesses looking to enhance employee language skills.Open English is focused on expanding its product offerings and geographic reach. The company plans to launch new features designed to further enhance user engagement. Specifically, they are targeting expansion into additional markets across Latin America by 2025. The recent funding of USD 65.00 mn will support these initiatives, allowing for investment in product development and market outreach.

## Funding rounds

- Series D, Apr 26, 2013, $65M — Redpoint Ventures, TCV, Insight Partners
- Series C, Jul 27, 2012, $43M — Redpoint Ventures, Insight Partners, Flybridge Capital Partners, Kaszek Ventures
- Series B, Nov 7, 2011, $2M — Kaszek Ventures
- Series B, May 11, 2011, $4.3M — Flybridge Capital Partners
- Series A, Nov 10, 2010, $6M — Flybridge Capital Partners

## Investors

- Flybridge Capital Partners (https://capitalatlas.ai/funds/flybridge-capital-partners) — Series A, Series B, Series C
- Kaszek Ventures (https://capitalatlas.ai/funds/kaszek-ventures) — Series B, Series C
- Redpoint Ventures (https://capitalatlas.ai/funds/redpoint-ventures) — Series C, Series D
- Insight Partners (https://capitalatlas.ai/funds/insight-partners) — Series C, Series D
- TCV (https://capitalatlas.ai/funds/tcv) — Series D