Companies · Edtech

Open Education Holdings Inc.

Coral Gables · Edtech · refined from filed group “Other

Diligence memoA one-page analyst read on Open Education Holdings Inc. — recommendation, valuation, rhythm, risks.
$135.7M
Total raised · real
11
Rounds
0.7×
Latest step-up
Top 3%
Sector rank · raised
Series C
Latest stage · inferred · Wed Jul 30 2025 00:00:00 GMT+0000 (Coordinated Universal Time)

Open Education Holdings Inc. has raised $136M over 11 rounds; too few niche peers to rank its valuation yet.

Synthesized from the figures below est. — every claim rests on a number shown on this page. Valuation uses the edtech sector profile.

Analyst read est. — computed against this company's niche peers in the same era. Inputs shown; not a quoted figure.

Active
  • Last raise 11 mo ago; this sector typically re-raises about every 15 months.
  • Raising on or ahead of the sector's normal rhythm.

Procedural diagnosis est. — rule-based common-sense checks over the filing pattern, issuer name, activity cadence, and surfaced operating evidence.

Issuer-vehicle patternmedium confidence

Open Education Holdings Inc. behaves more like a recurring private-offering issuer than a conventional venture-backed operating company.

Issuer structure
Company-like
No recurring-offering pattern strong enough to override normal financing interpretation.
Lifecycle
16.8 yr record
Peak capital year was 2013 with $65.0M across 1 filings.
Market position
ahead of 98% of Edtech peers
Capital scale is ahead of 98% of Edtech peers; modeled value is above 46% of peers by modeled value. Large capital with mid-pack modeled value can signal an issuer/program profile rather than operating-company growth.
Valuation reliability
Normal applicability
Stage/dilution valuation models are weakest when the issuer is broad-sector, recurring, or vehicle-like.
Operating evidence
Sparse
No clear CEO/founder/principal role is surfaced, so operating-company confidence is lower.
Data quality
Consistent
Canonical totals and visible filing detail are broadly aligned.
What triggered this
  • Legal name looks like an issuer vehicle rather than a product company.
  • No clearly named CEO/founder/principal role in the public records surfaced here.
  • No verified homepage on the profile yet.
  • Capital program peaked in 2013: $65.0M across 1 filings.
  • Largest single filing was $65.0M on 2013-04-19.
How to read the page
  • Read this less like a startup funding journey and more like a capital-raising program.
  • Stage-based valuation and peer labels have lower applicability for this pattern.
  • The more important signal is lifecycle: repeated filings ended years ago, so current activity needs outside confirmation.
Leadership

No named principal in this company's public records yet — see all operators below.

Explore how these operators interlock with other companies in the operator network.

Where it sits in Edtech

Open Education Holdings Inc. is one of 262 Edtech companies tracked from Coral Gables. By capital raised it ranks among the largest (ahead of 98% of sector peers), and mid-pack by modeled valuation est..

Ranking is computed against this company's own sector cohort — reported capital is fact; valuation tiers are modeled.

As reported in public records reported — not modeled.

US
Jurisdiction
Rule 506(b)
Reg D exemption
7
Investors (latest)
2025-07-30
First sale
Amount raised vs valuation, by round

Solid bars are reported offering amounts reported; hatched bars are the modeled post-money valuation est. — both on one shared scale so you can read raise-vs-worth at each round directly. Use the toggles to overlay data labels and the niche-peer / market average value lines.

Amount raised · realModeled valuation · estCumulative funded · real
$0$500M$1.0B$1.5B$2.0BPre-Seed · 2009-09-14 Raised $737K (real) Modeled valuation $18M (est)Pre-Seed2009Pre-Seed · 2009-09-14 Raised $150K (real) Modeled valuation $3.6M (est)Pre-Seed2009Series A · 2010-03-30 Raised $4.2M (real) Modeled valuation $66M (est)Series A2010Series A · 2011-05-02 Raised $4.2M (real) Modeled valuation $67M (est)Series A2011Series A · 2011-10-20 Raised $2.1M (real) Modeled valuation $32M (est)Series A2011Series C · 2012-05-02 Raised $43M (real) Modeled valuation $764M (est)Series C2012Series C · 2013-04-19 Raised $65M (real) Modeled valuation $1.2B (est)Series C2013Series C · 2019-01-11 Raised $697K (real) Modeled valuation $12M (est)Series C2019Series C · 2022-05-31 Raised $7.3M (real) Modeled valuation $85M (est)Series C2022Series C · 2024-09-06 Raised $5.0M (real) Modeled valuation $36M (est)Series C2024Series C · 2025-04-29 Raised $2.0M (real) Modeled valuation $12M (est)Series C2025Series C · 2025-07-30 Raised $1.5M (real) Modeled valuation $8.5M (est)Series C2025Cumulative $136M

The line shows cumulative reported funding over the period; + labels show new capital added between points when there is room. Toggle on-bar figures, plus the niche-peer and market averages, to read this company against its cohort. Benchmarks are modeled medians.

Financing ladder & sequence gaps
Pre-Seed$737K · 2009
Pre-Seed extension$150K · 2009
Series A$4.2M · 2010no Seed on file
Series A extension$4.2M · 2011
Series A extension$2.1M · 2011
Series C$43.0M · 2012no Series B on file
Series C extension$65.0M · 2013
Series C extension$697K · 2019
Series C extension$7.3M · 2022
Series C extension$5.0M · 2024
Series C extension$2.0M · 2025
Series C extension$1.5M · 2025

Stages are modeled from round size (public records carry no series label). No record for: Seed, Series B — the company may have raised it under a different exemption, merged it into an adjacent record, or skipped it. Sequence completeness: 60%.

Modeled valuation trajectory
$8.5M
Base estimate est.
$5.2M
Conservative case
$11.2M
Upside case
$9.7M
Modeled post-money

Round size and date are reported; the stage label is inferred from round size (latest is Series Ca $40M–$100M round). Valuation is modeled from stage benchmarks scaled by the edtech sector profile. Directional, not a quoted figure.

Pre-Seed · modeled $17.6M · 2009-09-142009Pre-Seed · modeled $3.6M · 2009-09-14Series A · modeled $66.0M · 2010-03-30Series A · modeled $66.6M · 2011-05-02Series A · modeled $32.4M · 2011-10-20Series C · modeled $763.9M · 2012-05-02Series C · modeled $1.2B · 2013-04-19Series C · modeled $12.4M · 2019-01-11Series C · modeled $85.4M · 2022-05-31Series C · modeled $35.6M · 2024-09-06Series C · modeled $12.3M · 2025-04-29Series C · modeled $8.5M · 2025-07-302025
Model inputs · modeled:benchmark-stage-stepup-v1
15%
Dilution assumption
Implied ownership sold in the financing.
72%
Survival probability
53% low · 83% high
1.24×/yr
Annual markup
1.43×/yr upside case
0.9 yr
Elapsed time used
0.9 yr actual, capped for stale marks
edtech
Sector profile
Adjusts growth and survival by industry.
Financing rhythm
17 mo
Avg between rounds
$8.5M/yr
Capital velocity
16.8 yr
On record since
2009
First round
12
Rounds on file
How it compares to the market

Benchmarked against 262 companies in Edtech. Each bar is a median (the middle company, not an average — outliers don't skew it). Two yardsticks: real money raised (reported on Form D) and modeled value (our estimate est.). These are whole-sector medians across all stages, except the per-stage row.

Total raised — vs sector median (real $, all stages) 56× above median
This company$135.7M
Sector median$2.4M
Latest round — vs other Series C rounds in sector (real $, this stage) 0.0× of median
This company$1.5M
Sector median$40.5M
Modeled value — vs sector median (estimate, all stages) 0.4× of median
This company$8.5M
Sector median$19.9M

Raised more than 98% of sector peers (real $). Modeled value above 46% of peers (estimate).

Niche peers — same stage & era

A tighter cohort than the sector chart above — only companies at the same stage (Series C) that last raised in the same ~3-year era, ranked by modeled value est. (not money raised). This is the exact set the analyst read compares against, so a like-for-like cohort is what makes "over/under-valued" meaningful.

This companyCohort peer
$1.0M$10.0M$100.0M$1.0B$10.0M$100.0M$1.0BCapital raised (log)Magic School, Inc. · Series C Raised $64.6M · modeled $296.0M (est)Tutor Intelligence, Inc. · Series C Raised $48.7M · modeled $250.4M (est)Open Education Holdings Inc. (this company) Raised $135.7M · modeled $8.5M (est)Open Education Holdings Inc.
CompanyStageRaised · realValue · estvs peer med.
Magic School, Inc.Series C$64.6M$296.0M1.18×
Tutor Intelligence, Inc.Series C$48.7M$250.4M1.00×
Open Education Holdings Inc. this companySeries C$135.7M$8.5M0.03×
Full financing history

Stage is inferred from round size est., not reported on the filing — a round's dollar size maps to a bucket: Pre-Seed <$1.0M · Seed $1.0M–$4.0M · Series A $4.0M–$15M · Series B $15M–$40M · Series C $40M–$100M · Series D+ $100M–$400M · Growth/Late >$400M.

StageAmount · realAnnouncedPost-money · estValue · estConf.
Pre-Seed$737K2009-09-14$4.1M$17.6M85%
Pre-Seed$150K2009-09-14$833K$3.6M85%
Series A$4.2M2010-03-30$19.1M$66.0M85%
Series A$4.2M2011-05-02$19.3M$66.6M85%
Series A$2.1M2011-10-20$9.4M$32.4M85%
Series C$43.0M2012-05-02$286.7M$763.9M85%
Series C$65.0M2013-04-19$433.3M$1.2B85%
Series C$697K2019-01-11$4.6M$12.4M90%
Series C$7.3M2022-05-31$48.7M$85.4M90%
Series C$5.0M2024-09-06$33.3M$35.6M90%
Series C$2.0M2025-04-29$13.3M$12.3M90%
Series C$1.5M2025-07-30$9.7M$8.5M90%
What happened at each round

Step-up, pace versus the sector's normal cadence, and revenue/exemption moves — read straight from the reported round facts reported.

  1. Pre-Seed$737K2009-09-14
    • First recorded raise — entered as Pre-Seed.
    • 7 investors on this round.
  2. Pre-Seed$150K2009-09-14
    • Filed alongside the prior round (same month) — likely a tranche or amendment.
    • Round 4.9× smaller than the prior — bridge or down round.
    • 2 investors on this round.
  3. Series A$4.2M2010-03-30
    • Came back fast: 6 mo vs the ~15 mo sector norm.
    • Round 28.1× larger than the prior — scaling up.
    • 21 investors on this round.
  4. Series A$4.2M2011-05-02
    • Raised 13 mo later, in step with the ~15 mo sector norm.
    • Round roughly the size of the prior one.
    • 2 investors on this round.
  5. Series A$2.1M2011-10-20
    • Came back fast: 6 mo vs the ~15 mo sector norm.
    • Round 2.1× smaller than the prior — bridge or down round.
    • 5 investors on this round.
  6. Series C$43.0M2012-05-02
    • Came back fast: 6 mo vs the ~15 mo sector norm.
    • Round 20.8× larger than the prior — scaling up.
    • 12 investors on this round.
  7. Series C$65.0M2013-04-19
    • Raised 12 mo later, in step with the ~15 mo sector norm.
    • Round 1.5× larger than the prior — scaling up.
    • 9 investors on this round.
  8. Series C$697K2019-01-11
    • Raised again after 69 mo — slower than the ~15 mo sector norm.
    • Round 93.2× smaller than the prior — bridge or down round.
    • Switched to Rule 506(b) (was Rule 06).
    • 17 investors on this round.
  9. Series C$7.3M2022-05-31
    • Raised again after 41 mo — slower than the ~15 mo sector norm.
    • Round 10.5× larger than the prior — scaling up.
    • 28 investors on this round.
  10. Series C$5.0M2024-09-06
    • Raised again after 27 mo — slower than the ~15 mo sector norm.
    • Round 1.5× smaller than the prior — bridge or down round.
    • 20 investors on this round.
  11. Series C$2.0M2025-04-29
    • Came back fast: 8 mo vs the ~15 mo sector norm.
    • Round 2.5× smaller than the prior — bridge or down round.
    • 16 investors on this round.
  12. Series C$1.5M2025-07-30
    • Came back fast: 3 mo vs the ~15 mo sector norm.
    • Round 1.4× smaller than the prior — bridge or down round.
    • 7 investors on this round.
Intelligence
2027 ~Q1
Modeled next raise · ~17mo cadence
$1.5M
Modeled next size est.range $1.5M$2.3M
0.7×
Last step-up
$8.5M/yr
Capital velocity

Predictive signals are modeled est. from this company's own cadence and step-up, plus sector benchmarks — directional, not advice. Peer set and a CSV export live in your analyst workspace.

Key people & operators

Officers, directors and promoters named in this company's public recordsreported — the people who run it (not its investors). "Also runs" counts come from name-matching across all records, so verify before acting.

PersonRoleAlso runsTied since
Jeff Lieberman7 other2019-01
Jon Karlen6 other2011-05
Andres Moreno3 other2022-05
Jeff Bussgang3 other2019-01
John McIntire3 other2010-03
Juan Salaverria1 other2010-03
Stuart Phillips1 other2025-04
Thomas Wenrich1 other2009-09
Victoria Valenzuela1 other2024-09
Wendy Worcester1 other2009-09
Alexander Sotelo2019-01
Alex Isabel Sotelo2022-05
Alex Sotelo2024-09
Alfonso Isabel Santiago2022-05
Andrea Moreno2019-01
E. Andres Moreno2009-09
Greg Kress2019-01
James Nation2009-09
Jeff Andres Lieberman2012-05
John Andres Karlen2011-10
John Andres McIntire2011-10
John Isabel Ellis2022-05
John Oxendine2010-03
Jon Andres Karlen2012-05
Registry & provenance

Open Education Holdings Inc. is an official record sourced from the U.S. Securities and Exchange Commission (SEC). U.S. data is aggregated from SEC Form D filings.

United States
Country of record
US
Jurisdiction
1405367
SEC CIK
Similar companies

Nearest neighbours across the whole database — matched on sector, stage and capital scale, and on shared operators (officers or directors named at both companies in public filings). A discovery shortlist, not a valuation cohort — verify before acting, the same way modeled figures are directional.

CompanySectorStageRaised · realValue · estWhy similar
Exitoweb Inc.Other TechnologySeed$4.0M$20.5Mnetwork3 shared operators
Insightful Science Holdings, LLCOtherSeries C$172.3M$1.2Bnetwork1 shared operator · same stage
Hootsuite Inc.Other TechnologySeries C$97.3M$224.9Mnetwork1 shared operator · same stage
Magic School, Inc.EdtechSeries C$64.6M$296.0Msame sector · same stage
Tutor Intelligence, Inc.EdtechSeries C$48.7M$250.4Msame sector · same stage
PillPack, Inc.Other Health CareSeries C$81.2M$711.0Mnetwork1 shared operator · same stage
McGraw-Hill Education, Inc.EdtechSeries D+$137.7M$377.4Msame sector
Illuminate Education Holdings, LLCEdtechSeries C$40.6M$721.1Msame sector · same stage
Semantically similar

Matched by meaning, not labels — a local language model reads each company's name, sector and description and ranks the closest in that learned space. This catches look-alikes that cross sector boundaries; the structured list above explains its matches, this one trusts the text. Directional, like every modeled signal here.

CompanySectorStageValue · estMatch
Open Education Technologies LLCEdtechPre-Seed$6.3M90%
Educational Products Holdings LLCEdtechSeries A$95.6M89%
ACI Learning Holdings, LLCEdtechSeed$20.1M88%
Education Investment Holding Co LLCEdtechSeries A$66.8M87%
Illuminate Education Holdings, LLCEdtechSeries C$721.1M86%
Learning Explorer Holdings, LLCEdtechSeries B$193.2M86%
EdTech Invest, LLCEdtechSeed$28.9M86%
Springboard Education Holdings, LlcEdtechSeries A$23.5M86%
Frequently asked
How much funding has Open Education Holdings Inc. raised?
Open Education Holdings Inc. has raised approximately $135.7M in disclosed capital across 11 recorded financing rounds, aggregated from public filings.
What is Open Education Holdings Inc.'s estimated valuation?
Provath's modeled valuation for Open Education Holdings Inc. is approximately $8.5M (modeled range $5.2M–$11.2M). This is an algorithmic estimate derived from round sizes and same-niche peers — not a quoted or reported figure.
What funding stage is Open Education Holdings Inc. at?
Open Education Holdings Inc.'s latest modeled financing stage is Series C. Its most recent recorded round closed around Wed Jul 30.
What does Open Education Holdings Inc. do and where is it based?
Open Education Holdings Inc. operates in the Edtech sector, based in Coral Gables.
Explore related

See where Open Education Holdings Inc. sits in the wider market — its sector, location and stage cohorts, each with their own leaderboards and capital-flow timelines.

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