About Open English
Open English is a company based in Miami (United States) founded in 2006 by Tigre Wenrich, Andres Moreno, and Wilmer Sarmiento.. Open English has raised $118.95 million across 6 funding rounds from investors including TCV, Redpoint Ventures and Insight Partners. Open English has completed 3 acquisitions, including English Ninjas, Enguru and Next U. Open English operates in a competitive market with competitors including 51Talk, Busuu, Tandem, Voxy and Speak, among others.
- Headquarter Miami, United States
- Founders Tigre Wenrich, Andres Moreno, Wilmer Sarmiento
-
Sectors
Education
-
Email
***********
-
Phone
*********
-
Website
*********
-
Social
*********
-
Annual Revenue
-
Net Profit
-
EBITDA
-
Total Equity Funding
$118.95 M (USD)
in 6 rounds
-
Latest Funding Round
$697.1 K (USD), Series D
Jan 28, 2019
-
Investors
TCV
& 4 more
-
Employee Count
Employee Count
-
Investments & Acquisitions
English Ninjas
& 2 more
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
Unlock access to complete
Unlock access to complete
Sales and Marketing
11 people
Leadership Team
10 people
Software Development Team
5 people
English Team
5 people
Human Resources and Administration
3 people
Creative and Marketing Team
3 people
Product Management Team
2 people
Finance and Accounting
2 people
Unlock access to complete
Funding Insights of Open English
Open English has successfully raised a total of $118.95M across 6 strategic funding rounds. The most recent funding activity was a Series D round of $697.1 thousand completed in January 2019. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 6
- Last Round Series D — $697,101
-
First Round
First Round
(10 Nov 2010)
- Investors Count 5
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jan, 2019 | Amount | Series D - Open English | Valuation |
investors |
|
| Apr, 2013 | Amount | Series D - Open English | Valuation | TCV | |
| Jul, 2012 | Amount | Series C - Open English | Valuation | Insight Partners |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Open English
Open English has secured backing from 5 investors, including venture fund investors. Prominent investors backing the company include TCV, Redpoint Ventures and Insight Partners. 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 |
|---|---|---|---|---|
|
Venture capital is invested in global technology companies by TCV.
|
Founded Year | Domain | Location | |
|
Redpoint Ventures is engaged in venture capital investments.
|
Founded Year | Domain | Location | |
|
Investment firm scaling software and technology companies from early to late stages.
|
Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
|
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
|
Founded Year | Domain | Location | |
|
Startup ecosystems are ignited through strategic investments by Signite Partners.
|
Founded Year | Domain | Location | |
|
Venture capital is directed toward companies in multiple sectors.
|
Founded Year | Domain | Location | |
|
Venture capital is invested in cybersecurity, fintech, and AI startups.
|
Founded Year | Domain | Location |
Investments & Acquisitions by Open English
Open English has strategically engaged in corporate development activities, having acquired 3 companies. Notable acquisitions include English Ninjas, Enguru and Next U. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
Bionic investment advisor platform
|
2016 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 | ||||
|
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
Online platform to connect with native English speaking tutors
|
2016 | ||||
|
Conversational English is practiced through interactive mobile gaming apps.
|
2015 | ||||
|
Online self-paced courses in tech and business fields are offered.
|
2013 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
OVO is recognized as a smart digital payment application.
|
2017 | ||||
|
Bionic investment advisor platform
|
2016 | ||||
|
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 | ||||
|
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 |
Financial Statements - Open English
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Open English Comparisons
Competitors of Open English
Open English 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 51Talk, Busuu, Tandem, Voxy and Speak, 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 |
One-to-one online English tutoring is provided by 51Talk.
|
|
| domain | founded_year | HQ Location |
Social networking for language learning is enabled via mobile platform.
|
|
| domain | founded_year | HQ Location |
A language learning app facilitating user-driven conversation exchanges.
|
|
| domain | founded_year | HQ Location |
English language learning through online courses and tutoring
|
|
| domain | founded_year | HQ Location |
Speak is recognized as an AI-driven language learning application.
|
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
|
|
| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
|
|
| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
|
|
| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
|
Latest news on Open English
Frequently Asked Questions about Open English
When was Open English founded?
Open English was founded in 2006 and raised its 1st funding round 4 years after it was founded.
Where is Open English located?
Open English is headquartered in Miami, United States. It is registered at Miami, Florida, United States.
Who is the current CEO of Open English?
Andres Moreno is the current CEO of Open English. They have also founded this company.
Is Open English a funded company?
Open English is a funded company, having raised a total of $118.95M across 6 funding rounds to date. The company's 1st funding round was a Series C of $43M, raised on Nov 10, 2010.
What does Open English do?
Open English was founded in 2006 in Miami, United States, as an online English language school. Live tutoring sessions are conducted 247 in small groups without reservations, supported by customized tools for grammar, dictionary use, and practice. Student progress is tracked and advised upon, with final certifications provided. Unlimited virtual classroom access is available hourly. Revenue is generated through course fees. Next University was acquired on 7 December 2015.
Who are the top competitors of Open English?
How many acquisitions has Open English made?
Open English has made 3 acquisitions, including English Ninjas, Enguru, and Next U.
Who are Open English's investors?
Open English has 5 investors. Key investors include TCV, Redpoint Ventures, Insight Partners, Flybridge Capital Partners, and Kaszek.