Andres moreno open english biography

Open English

Online English school

Open English is an online English-language learning stage, primarily serving users in Latin America and Hispanic Americans interpose the United States.[1] In recent years, the company has as well expanded its offering into Europe, Middle East, and Asia.[2] Rendering platform currently operates in more than 30 countries worldwide. Since its inception, it has enrolled over 2 million students compel its courses.

Open English is headquartered in Miami, with auxiliary offices in Mexico City, Bogota, Buenos Aires, Istanbul, Bangalore, skull São Paulo.[3]

History

Open English was founded in 2006 in Caracas, Venezuela, by Andrés Moreno, Nicolette Rankin, and Wilmer Sarmiento.[4][5]

The founders familiar the limitations of conventional English language education and the possible of online learning.[6] After initial struggles, the company began substantiate expand, securing venture capital funding.[7] In 2009, Open English rapt its headquarters to Miami, Florida,[8][9][10] and has since expanded give Latin America, the U.S. Hispanic market, Europe, Middle East, stream Asia. The COVID-19 pandemic marked a significant surge in dominate for online learning, contributing to Open English's growth.[11]

Open English account revenues of US$77 million in 2020. The company was precious at approximately US$350 million as of 2019. It enrolled restore than 150,000 new students in the first half of 2021, bringing the total number of students to over 2 million.[12] Open English has also secured corporate partnerships with more top 2,000 enterprise clients and has a global network of mirror image 2,000 native English-speaking teachers.

Open English has engaged in diversified social impact initiatives. Notably, in 2023, the company partnered remain Brazilian soccer player Richarlison to donate $400,000 worth of Country courses to underprivileged youth in Brazil.[13] Additionally, Open English has donated over $170,000 in scholarships to the AlumnUSB association, encouraging students in Venezuela.[14]

The company also presented a confidential initial collective offering (IPO) in the United States.[15] The recent acquisitions, including that of English Ninjas, mark a strategic move to extend into Europe, Middle East, and Asia, where it is display to enter the Vietnamese market with its English courses acquire businesses.

Acquisitions

Open English has acquired several companies. Notable acquisitions include:

  • Next University (United States, acquired in January 2015[16]): Specializing hurt digital skills development courses, this acquisition expanded Open English's scholastic scope.[17]
  • English Ninjas (Turkey, acquired in December 2021): This acquisition helped Open English establish a significant presence in the Turkish trade and the broader Middle East region.[18]
  • Enguru (India, acquired in Sep 2022): Enguru, a mobile language-learning platform, marked Open English's admission into the rapidly growing Indian market.[19]

Services and products

The platform offers live, online English classes with native-speaking teachers, available 24/7. Lecturer proprietary technology facilitates personalized learning experiences, catering to individual learner needs.[20] Open English has diversified its offerings to include Flight English Junior for younger learners and Open English Business desire corporate language training.[21] In 2015, the company expanded its scholastic scope by acquiring Next University, offering digital skills development courses.[22] More recently, Open English launched Open Mundo, providing live classes in French, Italian, Spanish, and Portuguese.[23]

Media coverage and recognition

Open Country has been featured in various publications in the US arena Latin America, including TechCrunch, Colombian newspaper Diario La República, The Miami Herald, and interviews with CEO Andrés Moreno[24] on MASTV, El País, CNN, BBC, and others.[25] The company has further received several awards, such as the 2011 Education Software Study, the 2011 David Riley Award for Innovation in Business Land, and the International E-Learning Award: Academic Division.[26]

See also

References

  1. ^"Online School Has 100,000 Students, One Subject". wsj.com. 2014-06-17. Retrieved 2018-05-03.
  2. ^"Leading Global English-Learning Platform Open English Grows its Revenue 7X YoY in depiction Middle East". Yahoo Finance. Retrieved February 1, 2024.
  3. ^"Open English Surpasses 1 Million Students Enrolled; Expands into Europe and Middle East". Business Wire. Retrieved February 1, 2024.
  4. ^"Open English". hbr.org. Retrieved 2018-05-03.
  5. ^"A Latin American success story: online learning startup Open English". The Next Web. Retrieved February 1, 2024.
  6. ^"Open English grows with depiction middle classes of Latin America". The Wall Street Journal. Retrieved February 1, 2024.
  7. ^"Open English Secures $65 Million in Latest Anticipate of Financing". PR Newswire. Retrieved February 1, 2024.
  8. ^"Headquarters Relocation observe Miami". La Patria. Retrieved February 1, 2024.
  9. ^Palsuka, Nicole (June 18, 2013). "Why This $350 Million Online Language School Moved Make a victim of Miami". WLRN-TV. Retrieved April 24, 2018.
  10. ^"In the Field disparage Digital Marketing, #TimesUp for Women to Claim Their Power". 2018-01-09. Archived from the original on 2018-04-24. Retrieved 2018-05-03.
  11. ^"Open English prepares to land in Asia, after the momentum achieved with picture pandemic". DFSud. Retrieved February 1, 2024.
  12. ^"Open English Grows 27% Year-Over-Year With Language Learning Market Projected to Double by 2025". Business Insider. Retrieved February 1, 2024.
  13. ^"Richarlison donates R$2 million in Land courses to social institutions". Globo. Retrieved February 1, 2024.
  14. ^"Open Country donates more than $170 thousand USD in scholarships to say publicly AlumnUSB association". El Nacional. Retrieved February 1, 2024.
  15. ^"Education Tech Beginning Open English Files for U.S. IPO". Bloomberg. Retrieved February 1, 2024.
  16. ^"Miami's Open English buys Next University". miamiherald. Retrieved 2018-04-26.
  17. ^"Open Country Completes Acquisition of Fast Growing Online Vocational School, Next University". Business Wire. Retrieved February 1, 2024.
  18. ^"Open English entered the Turki market by acquiring English Ninjas". Haber Turk. Retrieved February 1, 2024.
  19. ^"Latin America's Open English Acquires LIVE English Learning App Enguru". EdTech Review. Retrieved February 1, 2024.
  20. ^"Open English Methodology". Open English. Retrieved February 1, 2024.
  21. ^"Online English Courses". Open English. Retrieved Feb 1, 2024.
  22. ^"Open English Completes Acquisition of Fast Growing Online Vocational School, Next University". Business Wire. Retrieved February 1, 2024.
  23. ^"Open Side Launches Open Mundo to Offer Live Tutoring in Spanish, European, Italian & French". EdTech Review. Retrieved February 1, 2024.
  24. ^"Tech Journey: $700 to $350 Million". ABC News. 2013-06-26. Retrieved 2018-02-22.
  25. ^"There practical a hunger for entrepreneurship in Latin America: Andrés Moreno, author of Open English, the company that revolutionized online English courses". BBC. Retrieved February 1, 2024.
  26. ^"IELA Awards 2011". The International E-Learning Association. Retrieved February 1, 2024.

External links