Nexford University

Overview
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Higher EdTech?
Product stageSegments
Early
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Learning content: library, design and creation, content creation tool
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Nexford University is a US-accredited online university founded in 2019 to provide affordable, high-quality higher education to students globally. The university offers fully online bachelor's and master's degree programs in fields such as business administration, artificial intelligence, ecommerce, and product management. Nexford's curriculum is designed to be relevant to today's job market, with courses informed by artificial intelligence analysis of millions of job vacancies to understand employer needs. The university utilizes a competency-based learning model focused on practical skills and projects rather than traditional exams.

Nexford's degrees are significantly more affordable than traditional US universities, with bachelor's degrees costing USD 4,320 and master's degrees USD 3,240 on average. The university employs a flexible, self-paced learning model where students pay monthly tuition and can complete their degrees faster to save money. As of 2023, Nexford had enrolled over 8,000 students from more than 100 countries, who had completed over 33,000 courses including 1,500 degrees. The university gained full accreditation from the Distance Education Accrediting Commission (DEAC) in 2023 after a rigorous three-year process, lending further credibility to its degrees.

Key customers and partnerships

Nexford has focused on serving students in emerging markets, with Nigeria being one of its largest student bases. In 2022, over 400 Nigerian students graduated from Nexford programs. The university has partnered with companies like Sterling Bank and Piggyvest in Nigeria to provide scholarships and financial support to make its programs more accessible. Nexford graduates have gone on to secure jobs at major multinational companies including Microsoft, Google, KPMG, Facebook, EY, and WeWork. The university has also partnered with organizations like Chess in Slums to provide scholarships and educational opportunities to underserved communities.


Sources

Disclaimer: This company profile has been generated using data obtained through automated web searches and advanced generative AI technology. While we strive to ensure the accuracy and reliability of our sources, auto-generated information could be outdated or inaccurate and should be verified independently.
HQ location:
Washington DC USA
Founded year:
2018
Employees:
11-50
IPO status:
Private
Total funding:
USD 26.1 mn
Last Funding:
USD 8.0 mn (Series A; Sep 2022)
Last valuation:
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Key competitors
 
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