Open English

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Open English
TypePrivate
IndustryEnglish language online education
FoundedCaracas, Venezuela
September 2006
FounderAndrés Moreno, Nicolette Rankin and Wilmer Samiento
Headquarters
Coconut Grove, Florida
Key people
Andrés Moreno (CEO)
Websitewww.openenglish.com

Open English is an online English school. In 2014, the school had 100,000 students in the Spanish speaking world.[1]

History[]

Andrés Moreno, Nicolette Rankin and Wilmer Samiento, co-founded Open English in Caracas, Venezuela in September 2006.[2] In 2009, Juan and Moreno moved the company to Miami, Florida.[3][4] Rankin starred as "Jenny" in their homemade commercials for Open English.[5]

From 2010 to 2013, the company raised $120 million dollars in VC funding,[1] including $69 million dollars in 2013 from venture firm Technology Crossover Ventures (TCV).[6]

In 2013, co-founder Rankin left Open English and co-founded another language school, Next University. In 2015, Next University was acquired by Open English.[7]

Controversy[]

Open English is very likelly a scam operation based on automatic charges to credit cards and fake discounts hidden behind the non-open disclosure of prices.[8] Payment through PayPal instead of credit cards is encouraged due to the low anticipated success of the course and to avoid predatory practices promoted by Open English.[9]

See also[]

References[]

  1. ^ a b "Online School Has 100,000 Students, One Subject". wsj.com. 2014-06-17. Retrieved 2018-05-03.
  2. ^ "Open English". hbr.org. Retrieved 2018-05-03.
  3. ^ Palsuka, Nicole (June 18, 2013). "Why This $350 Million Online Language School Moved To Miami". WLRN-TV. Retrieved April 24, 2018. Co-founder Nicolette Moreno, the chief product officer, is married to Andrés and also appears in Open English TV ads.
  4. ^ "In the Field of Digital Marketing, #TimesUp for Women to Claim Their Power". 2018-01-09. Archived from the original on 2018-04-24. Retrieved 2018-05-03.
  5. ^ "Tech Journey: $700 to $350 Million". ABC News. 2013-06-26. Retrieved 2018-02-22.
  6. ^ Chapman, Lizette (2013-04-26). "OpenEnglish Raises $65M to Scale Online Learning". Wall Street Journal. ISSN 0099-9660. Retrieved 2018-05-03.
  7. ^ "Miami's Open English buys Next University". miamiherald. Retrieved 2018-04-26.
  8. ^ "Estafa Open English". NotiActual (in Spanish). Retrieved 2022-02-16.
  9. ^ "Fraude de Open English". Quobit (in Spanish). Retrieved 2022-02-16.

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