About Next U
Next U is a company based in Bogota (Colombia) founded in 2013 was acquired by Open English in December 2015.. Next U operates in a competitive market with competitors including Coursera, Udemy, MasterClass, Degreed and Great Learning, among others.
- Headquarter Bogota, Colombia
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Sectors
Education
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Phone
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Website
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Social
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Annual Revenue
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Net Profit
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EBITDA
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Latest Funding Round
$4.16 M (USD), Debt – Conventional
Jun 26, 2015
- Investors
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Employee Count
Employee Count
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Acquired by
Open English
(Dec 07, 2015)
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Funding Insights of Next U
- Total Funding Total Funding
- Total Rounds 1
- Last Round Debt – Conventional — $4.2M
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First Round
First Round
(26 Jun 2015)
- Investors Count Investors Count
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jun, 2015 | Amount | Debt – Conventional - Next U | Valuation |
investors |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Next U
Next U has secured backing from 1 investor. Prominent investors backing the company include Open English. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Online platform providing live English classes
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Next U
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Next U
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Next U Comparisons
Competitors of Next U
Next U operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Coursera, Udemy, MasterClass, Degreed and Great Learning, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
An online platform for multi-course education is operated.
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| domain | founded_year | HQ Location |
Online courses in diverse subjects are provided via a marketplace.
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| domain | founded_year | HQ Location |
Online courses in creative fields are delivered by celebrity experts.
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| domain | founded_year | HQ Location |
Cloud-based LMS platform tracks skills across industries.
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| domain | founded_year | HQ Location |
Provides online learning programs for IT
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| domain | founded_year | HQ Location |
Online courses in web and app development
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Frequently Asked Questions about Next U
When was Next U founded?
Next U was founded in 2013 and raised its 1st funding round 2 years after it was founded.
Where is Next U located?
Next U is headquartered in Bogota, Colombia. It is registered at Bogota, Bogota, Colombia.
What does Next U do?
Next U was founded in 2013 in Bogota, Colombia, and operates within the online education sector. Self-paced courses are provided across categories including digital marketing, web development, programming, design, digital business, information technology, entrepreneurship, and cloud computing. Structured training materials are accessible via a web platform, with certificates awarded upon course completion.
Who are the top competitors of Next U?
Next U's top competitors include Coursera, MasterClass and Great Learning.
Who are Next U's investors?
Next U has 1 investor. Key investors include Open English.