About UTEL University
UTEL University is a company founded in 1997 by David Stofenmacher.. UTEL University offers products and services including Licenciaturas, Maestrías, Másteres, and Doctorados. UTEL University operates in a competitive market with competitors including Penn Foster, DeVry, Lottus, Beacon Education and Woolf, among others.
- Founders David Stofenmacher
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Sectors
Education
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Email
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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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Latest Funding Round
- Investors
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Employee Count
Employee Count
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Products & Services of UTEL University
UTEL University offers a comprehensive portfolio of products and services, including Licenciaturas, Maestrías, Másteres, and Doctorados. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Online undergraduate degrees in engineering and other fields.
Online master's degrees for advanced professional skills.
Specialized online programs with international equivalences.
Online doctoral programs focusing on research and expertise.
Funding Insights of UTEL University
- Total Funding Total Funding
- Total Rounds 1
- Last Round Last Round
- First Round First Round
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| May, 2018 | Amount | Private Equity Round - UTEL University | Valuation |
investors |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| 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 UTEL University
UTEL University has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include Linzor Capital 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 |
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A regional private equity firm focused on Latin American growth.
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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 UTEL University
| 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 - UTEL University
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| 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 |
Utel University Comparisons
Competitors of UTEL University
UTEL University 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 Penn Foster, DeVry, Lottus, Beacon Education and Woolf, 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 |
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| domain | founded_year | HQ Location |
Online education programs are provided by Penn Foster.
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Undergraduate and graduate degrees are provided online by DeVry.
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Higher education programs are offered via an online portal.
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Online degree programs are provided for students via international partnerships.
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Blockchain-based university operations are managed with token custodianship for tuition.
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Associate degrees are offered online for transfer to four-year universities.
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| Company Name | Domain | Founded year | HQ Location | Description |
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Multiple services are booked via an app-based platform.
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On-demand services are booked through an app-based platform.
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App based platform offering on demand delivery and ride-hailing services
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Operates an on-demand hyperlocal delivery app for food and groceries.
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Frequently Asked Questions about UTEL University
When was UTEL University founded?
UTEL University was founded in 1997 and raised its 1st funding round 21 years after it was founded.
Who is the current CEO of UTEL University?
David Stofenmacher is the current CEO of UTEL University. They have also founded this company.
What does UTEL University do?
Founded in 1997, UTEL University operates in the online higher education sector. Undergraduate, graduate, and doctoral programs are provided, along with continuing education options taught in English. Instruction occurs through a virtual platform, enabling self-paced learning. Support includes tutoring and career guidance services. The institution serves students primarily in Mexico, based on its domain.
Who are the top competitors of UTEL University?
UTEL University's top competitors include Penn Foster, Nexford and DeVry.
What products or services does UTEL University offer?
UTEL University offers Licenciaturas, Maestrías, Másteres, and Doctorados.
Who are UTEL University's investors?
UTEL University has 1 investor. Key investors include Linzor Capital Partners.
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