This website stores cookies on your computer. These cookies are used to improve your website experience and provide more personalized services to you, both on this website and through other media.
Accept
EdTechReviewEdTechReview
  • News
  • Trends
  • Insight
  • eLearning
  • Research
  • Dictionary
  • EdTech Voices
  • Explore
    • Data & Statistics
    • Reviews
    • AWS for Education
    • Events

    Resources

    • Infographics
    • Reports & Case Studies
    • Videos
    • Books
    • Webinar

    Needs

    • 1:1 Learning
    • 21st Century Education
    • 21st Century Leadership
    • 21st Century Learning
    • 21st Century Teaching
    • 3D Printing
    • More Tags

    For

    • Students
    • Teachers/Educators
    • Administrators
    • Entrepreneurs/Startups
    • Govt. Officials/Policymakers
    • Parents

Contribute

  • Submit A Post
  • EdTech Trainers and Consultants
  • Your Campus EdTech
  • Your EdTech Product
  • Your Feedback
  • Your Love for Us
  • EdTech Product Reviews

ETR Resources

  • About
  • Mission/Vision
  • Team
  • Services
  • Testimonials
  • Authors
  • Sponsor
  • Partner
  • Advertise
  • Our Clients
  • Media Kit
  • Press Release
  • FAQ’S
Reading: Nexford University Raises $10.8M to Scale its Flexible Remote Learning Platform
Aa
EdTechReviewEdTechReview
Aa
  • News
  • Trends
  • Insight
  • eLearning
  • Reviews
  • Dictionary
  • EdTech Voices
  • Data & Statistics
  • Research
  • AWS for Education
  • Events
  • Voices
  • Tags
  • About
  • Contribute
  • FAQ’S
  • Our Clients
  • Partner
Follow US
Home > News > Nexford University Raises $10.8M to Scale its Flexible Remote Learning Platform
News

Nexford University Raises $10.8M to Scale its Flexible Remote Learning Platform

Stephen-soulunii
Stephen Soulunii Published Jun 14, 2021
Share
4 Min Read
Nexford University Raises .8m
Nexford University Raises $10.8M to Scale its Flexible Remote Learning Platform
SHARE

Nexford University, a next-generation online university providing access to quality and affordable education, has raised $10.8 million in its pre-Series A funding round led by Dubai-based VC Global Ventures.

AdvertisementWhy this Ad?

AdvertisementWhy this Ad?

Other investors include Future Africa’s new thematic fund (focused on education), angel investors, and family offices. According to a report by TechCrunch, unnamed VCs from 10 countries, including the US, UK, France, Dubai, Switzerland, Qatar, Nigeria, Egypt, and Saudi Arabia, also took part in the round.

With the new funding, Nexford has raised a total of $15.3 million to date. The company has raised $4.5 million in its seed funding round in 2019.

Launched in 2019, Nexford University is on a mission to fill the affordability and relevance gaps by providing access to quality and affordable education to learners from across the globe. “That way, you get the best of both worlds. You get practical skills that you can put to work immediately or for your future career while actively keeping a job. So the whole experience is designed as a learning as a service model,” Founder and CEO AI Tarzi told TechCrunch speaking about the company.

Nexford University currently offers graduate and undergraduate degrees in business administration, advanced AI, hyperconnectivity, sustainability and world business, 360° marketing, AI and automation, building a tech startup, business analytics, business in emerging markets, digital transformation, e-commerce, and product management. The platform lets students study at their own pace. Once they apply and get admitted into either a degree program or a course program, they choose how fast or slow they want the program to be.

Unlike most traditional universities, Nexford doesn’t offer standardized and theoretical tests or assignments. It employs a competency-based education model where students prove mastery by working on practical projects. According to its founder, whatever students learn on the platform is directly applicable to their jobs. The platform currently has learners from over 70 countries, with Nigeria its biggest market.

After offering degrees, Nexford provides placement to its graduates with its partner employers. Nexford also partners with several employers, like Sterling Bank, who sponsor their employees or soon-to-be employees for upskilling and reskilling purposes. The company also has blue-chip partnerships with Microsoft, LinkedIn Learning, and IBM to provide access to tools, courses, and programs to improve the learning experience.

According to Noor Sweid, General Partner at Global Ventures, Nexford University is redressing the mismatch between the supply of talent and the demands of today’s digital economy. “We are thrilled to partner with Fadl and the Nexford team on their journey toward expanding access to universal quality higher education in emerging markets,” she said.

With the latest funding, Nexford plans to expand its operations, particularly in Asia, invest in growth and product development, and improve its technology to analyze skills more accurately and automate more functions to enhance user experience. The online university says it will also be launching partner programs with more employers globally to facilitate both placement and upskilling and rescaling.

Nexford claims to witness its revenues grew by 300% last year, and the company hopes to triple the size of its enrolment this year.

Img Src

TAGGED: EdTech Funding, Employee Upskilling, Online Courses, Online University, Remote Learning, Upskilling
Share this Article
Facebook Twitter Whatsapp Whatsapp LinkedIn Reddit Telegram Email Copy Link
Stephen-soulunii
Posted by Stephen Soulunii
No more a student, but love to learn. Not a teacher, but care about how students are taught. Not an educator, but want everyone to be educated. Not a social worker, but desire to see change. Not a reformer, but always want to see a better world. The author believes that only sound education can bring a better future, better world and technology can help achieve a lot in this field.
Previous Article Robotify Partners with Steve Wozniak’s Woz Ed to Virtualize the Stem Learning Experiencerobotify Partners with Steve Wozniak’s Woz Ed to Virtualize the Stem Learning Experience Robotify Partners With Steve Wozniak’s Woz ED To Virtualize The STEM Learning Experience
Next Article What is the Behavioural Learning Theory? What Are Its Types What Is The Behavioural Learning Theory? What Are Its Types
AdvertisementWhy this Ad?

Latest EdTech News To Your Inbox

Stay Connected

Facebook Twitter Youtube Instagram Linkedin
AdvertisementWhy this Ad?

Latest Post

Verizon India & Nirmaan Organisation Launch First-of-its-kind Mobile Career Counselling Lab in Telangana
Verizon India & Nirmaan Organisation Launch First-of-its-kind Mobile Career Counselling Lab in Telangana
News Mar 25, 2023
Discovery-education-partners-with-norton
Discovery Education Partners With Norton to Launch New Digital Citizenship Resources
News Mar 25, 2023
Teaching Strategies for Auditory Learners
Teaching Strategies For Auditory Learners
Insight Mar 24, 2023
Pi Day: Fun Problems to Solve with Your Family
Pi Day: Fun Problems to Solve With Your Family
Insight Mar 24, 2023
AdvertisementWhy this Ad?

Latest EdTech News To Your Inbox

Stay Connected

Facebook Twitter Youtube Instagram Linkedin
AdvertisementWhy this Ad?

You Might Also Like

Verizon India & Nirmaan Organisation Launch First-of-its-kind Mobile Career Counselling Lab in Telangana
News

Verizon India & Nirmaan Organisation Launch First-of-its-kind Mobile Career Counselling Lab in Telangana

Mar 25, 2023
Discovery-education-partners-with-norton
News

Discovery Education Partners With Norton to Launch New Digital Citizenship Resources

Mar 25, 2023
Zeeko-partners-with-next-education
News

Irish EdTech Zeeko Partners With Next Education for ‘Magical Leaders’ Programme

Mar 24, 2023
Eyouth-collaborates-with-imocha
News

EYouth Collaborates With iMocha to Support User’s Learning Journey

Mar 24, 2023
Altschool-africa-partners-with-openlabs-ghana
News

AltSchool Africa Partners With OpenLabs Ghana to Offer Access to Curriculum, Infrastructure

Mar 24, 2023
Ib-global-conference-adelaide-2023
News

IB Global Conference Adelaide 2023: Education for an Inclusive Future

Mar 23, 2023
Gems-education-launches-youth-accelerator-programme
News

GEMS Education Launches Free Youth Accelerator Programme in Support of Student Entrepreneurs

Mar 23, 2023
Rippling-raises-0m
News

Workforce Management Platform Rippling Raises $500M in Series E Financing Round

Mar 23, 2023
Show More
EdTechReviewEdTechReview

H433, 2nd Floor, Vikaspuri, New Delhi, India, 110018
Phone: 011 41321030

Follow US

Copyright © EdTechReview. All Rights Reserved.

  • Home
  • Advertise
  • Event Associations
  • Press Release
  • About
  • Services
  • Contribute
  • News
  • Trend & Insight
  • Data & Statistics
  • eLearning
  • Reviews
  • Research
  • Voices
  • Dictionary
  • Tags
  • Resources
  • Events
  • Courses
  • Submit Your EdTech Product for Review
  • Our Clients
  • FAQ’S
  • Contact Us
  • Important Links
  • Sitemap
  • Terms of Use
  • Privacy Policy
Join 100K+ subscribers!

Subscribe to our weekly newsletter that brings the latest EdTech news, trends, insights, reports, interviews, etc. for educators, school leaders, entrepreneurs, investors, & others.

Zero spam, Unsubscribe at any time.
Go to mobile version
Welcome Back!

Sign in to your account

Lost your password?