Open Education
Founded Year
2008Stage
Unattributed | AliveTotal Raised
$128.31MLast Raised
$7.3M | 2 yrs agoMosaic Score The Mosaic Score is an algorithm that measures the overall financial health and market potential of private companies.
-81 points in the past 30 days
About Open Education
Open Education specializes in online language and skills training in the education and corporate sectors. The company offers programs to help business communication and professional development, utilizing a platform with live classes taught by native-speaking instructors. It primarily serves the corporate sector, providing tailored learning solutions to businesses. It was founded in 2008 and is based in Coral Gables, Florida.
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ESPs containing Open Education
The ESP matrix leverages data and analyst insight to identify and rank leading companies in a given technology landscape.
The language learning market is a broad and diverse market that includes a wide range of products and services designed to help individuals learn new languages. These can include mobile apps, online courses, language schools, tutoring services, and more. The market has seen significant growth in recent years, driven by factors such as globalization, increased travel and migration, and the importan…
Open Education named as Outperformer among 15 other companies, including Coursera, Duolingo, and Babbel.
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Expert Collections containing Open Education
Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.
Open Education is included in 1 Expert Collection, including Education Technology (Edtech).
Education Technology (Edtech)
2,917 items
These companies offer tech-enabled solutions that facilitate education and learning for people of all ages, from pre-K to adult and professional education.
Latest Open Education News
Sep 17, 2024
Generative AI is becoming integrated in certain supplemental materials. The size of the K-12 instructional supplemental materials market is estimated to be $4.62 billion in 2024 and is forecast to grow to $4.98 billion in 2026, representing a CAGR of 2.9% and increase its share of the total K-12 instructional materials market from 45.04% to 45.18%. The report uncovers several reasons for the continued increase, including the vast amount to content available through simple internet searches the rise of Open Education Resources (OER) and a shift towards new teaching and learning best practices, such as engagement and inquiry-based learning, which often necessitate supplemental materials. This report also examines definitions of supplemental material; various types and sources of resources; the size of the market by key subject areas: science, reading, math, and social studies; teachers' practices and perspectives when using supplemental resources: when educators seek it; where do they search; and how they search and browse; downsides and drawbacks with supplemental materials, including issues around quality and alignment to standards; problems with virtual resource pools; the role of generative AI, and implications and opportunities for states, school districts, and educational publishers to assist teachers in locating appropriate supplemental materials. The report provides an analysis of what teachers look for when choosing a supplemental resource based on the subject area; the problems with user ratings on unregulated supplementary websites like Teachers Pay Teachers; and opportunities for educational materials publishers to play a larger role in assisting schools and teachers in choosing supplemental materials. This report covers major themes and elements impacting the supplemental materials market, including: Digital instructional materials Remote learning
Open Education Frequently Asked Questions (FAQ)
When was Open Education founded?
Open Education was founded in 2008.
Where is Open Education's headquarters?
Open Education's headquarters is located at 2222 Ponce de Leon Boulevard, Coral Gables.
What is Open Education's latest funding round?
Open Education's latest funding round is Unattributed.
How much did Open Education raise?
Open Education raised a total of $128.31M.
Who are the investors of Open Education?
Investors of Open Education include Flybridge Capital Partners, Insight Partners, Technology Crossover Ventures, Kaszek Ventures, Redpoint Ventures and 4 more.
Who are Open Education's competitors?
Competitors of Open Education include Busuu and 7 more.
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Compare Open Education to Competitors
Babbel is a company that focuses on language learning in the education sector. It offers a comprehensive learning system that combines effective education methods with state-of-the-art technology, providing interactive online courses to improve grammar, vocabulary, and pronunciation skills. The company primarily serves individuals seeking to learn a new language, as well as businesses looking to enhance their employees' language skills. It was founded in 2007 and is based in Berlin, Germany.
Memrise is a language learning platform. It specializes in video-based lessons and interactions with native speakers. The service offers a range of language courses designed to help users speak confidently in real-world situations. Memrise provides personalized artificial intelligence (AI) tutoring and gamified tests to enhance the learning experience. It was founded in 2010 and is based in London, United Kingdom.
VIPKid is a global education technology company that operates in the online education industry. The company provides real-time online English immersion learning, connecting children with highly qualified teachers for personalized and interactive language instruction. VIPKid primarily serves the global education sector. It was founded in 2013 and is based in Beijing, Beijing.
Voxy is a company specializing in language training for corporate clients, focusing on personalized English courses and language learning technology. The company offers a suite of products including a Learning Experience Platform (LXP), mobile applications, and a range of services such as live coaching and progress reporting, all designed to integrate with the fast-paced schedules of today's workforce. Voxy primarily serves sectors that require specialized language training for business skills and technical knowledge. Voxy was formerly known as LinguaByte, Inc.. It was founded in 2010 and is based in New York, New York.
Cooori is an ed-tech company that focuses on language learning through the use of artificial intelligence and neuroscience. The company offers an online English training service for corporations, which uses AI to personalize the learning process for each student, identifying their weaknesses and providing tasks to maximize their progress. Cooori primarily sells to the corporate sector, providing training and learning programs for companies aiming to develop global talent. It was founded in 2015 and is based in Tokyo, Japan.
Preply is a company that specializes in online language tutoring and personalized learning experiences within the education sector. The company offers a platform where learners can connect with tutors from around the world for live language classes, utilizing AI-powered tools to enhance the learning process. Preply also provides corporate language training programs tailored for businesses seeking to improve their team's language skills. It was founded in 2012 and is based in Brookline, Massachusetts.
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