U.S.-based online university platform Nexford University has raised $8 million in a Series A round co-led by New Markets Venture Partners and Learn Capital, two prominent edtech venture capital firms in the U.S. that have invested in Pathstream, Udemy and Coursera. New Markets Venture Partners general partner Jason Palmer and Learn Capital managing partner Greg Mauro will join Nexford’s board.
The tech-enabled startup, launched by Fadl Al Tarzi in 2019, is filling affordability and relevance gaps in education. As the traditional university experience hasn’t changed in many years, edtechs like Nexford are pioneering a paradigm shift in higher education that puts learners first, giving them the skills to succeed in the present and future.
Nexford University provides learners with a fully online education and lets them study at their own pace. Once learners apply and get admitted into either a degree or a course program, they choose how fast or slow they want