When was UTEL University founded?

UTEL University was founded in 1997 and raised its 1st funding round 21 years after it was founded.

Where is UTEL University located?

UTEL University is headquartered in Naucalpan de Juarez, Mexico.

Who is the current CEO of UTEL University?

David Stofenmacher of UTEL University. They have also founded 1 company.

How many employees does UTEL University have?

As of Mar 01, 2026, the latest employee count at UTEL University is 51 - 200.

Is UTEL University a funded company?

UTEL University is a funded company, having raised a total of $***** in its 1st and only funding round, a PE round on May 2018.

When was the latest funding round of UTEL University?

UTEL University's latest funding was a $***** PE round on May 2018, with participation from 1 investor.

Where does UTEL University rank among its competitors?

UTEL University ranks 10th amongst 326 active competitors, of which 9 are funded. It stands 10th in terms of total funding among its competitors. The most recent competitor to raise funding was Northcentral Technical College, which secured $1.22M in Sep, 2025.

Who are the top competitors of UTEL University?

UTEL University's top competitors include Penn Foster, DeVry and Amity University. Among them, Northcentral Technical College secured the most recent funding round in September, 2025.

UTEL University - 2026 Company Profile, Team, Funding & Competitors

UTEL University is a late stage company based in Naucalpan de Juarez (Mexico), founded in 1997 by David Stofenmacher. It operates as a Provider of online higher education programs. UTEL University has raised an undisclosed amount in funding. The company has 326 active competitors, including 9 funded and 12 that have exited. Its top competitors include companies like Penn Foster, DeVry and Amity University.

Company Details

Provider of online higher education programs. It offers a variety of undergraduate and graduate degree programs, including bachelor's, master's, and doctoral degrees. The programs are delivered through a virtual campus, allowing students to learn at their own pace and schedule. Support services such as tutoring and career guidance are provided. The institution also offers continuing education opportunities and programs taught in English.

Website: utel.edu.mx
Social
Email ID: *****@utel.edu.mx
Phone Number: +52 **********

Key Metrics

Founded Year

1997

Location

Naucalpan de Juarez, Mexico

Stage

Late Stage

Latest Funding Round

PE, May 2018, $*****

Investors

Linzor Capital

Ranked

10^th among 326 active competitors

Employee Count

51 - 200 as on Mar 01, 2026

Similar Companies

Penn Foster & 376 more

View UTEL University's full profile

UTEL University has raised funding over 1 round. Its latest funding round was a PE round on May 2018 for $*****. 1 investor participated in its latest round. UTEL University has 1 institutional investor.

Here is the list of recent funding rounds of UTEL University:

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
May 2018	2099166	PE	6761191	1112585	1764431	8595249

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View details of UTEL University's funding rounds and investors

The founders of UTEL University is David Stofenmacher. David Stofenmacher is the CEO of UTEL University.

Here are the details of UTEL University's key team members:

David Stofenmacher: Founder & CEO of UTEL University.

View details of UTEL University's Founder profiles and Board Members

UTEL University's employee count trend

UTEL University has 51 - 200 employees as of Mar 26. Here is UTEL University's employee count trend over the years:

Employee count trend for UTEL University

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Top competitors of UTEL University include Penn Foster, DeVry and Amity University. Here is the list of Top 10 competitors of UTEL University, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Penn Foster 1890, Scranton (United States), Acquired	Provider of online university offering courses for students	-	BC Partners, Everberg Capital & 6 others	64/100
2nd	DeVry 2009, Downers Grove (United States), Funding Raised	Online university for undergraduate and graduate degree programs	-	Frontenac, Southgate & Culham & 1 others	60/100
3rd	Amity University 2005, Noida (India), Unfunded	Mobile-based university for higher education	-	-	55/100
4th	Beacon Education 2018, Beijing (China), Series B	Provider of online degree program for students	$18.5M	Redpoint China Ventures, Telescope Investment ... & 1 others	53/100
5th	Woolf 2018, Gibraltar (Gibraltar), Seed	Blockchain-based university	$7.56M	First Round Capital, Utopian & 7 others	49/100
6th	Capella University 1993, Minneapolis (United States), Seed	Online university for students	-	Hampstead Park Capital Management, Bonsal Capital ... & 2 others	47/100
7th	Northcentral Technical College 1912, United States, Funding Raised	Technical college providing education, workforce training, and community enrichment	-	US Department of Labor, ED & 1 others	47/100
8th	UNAD 1982, Bogota (Colombia), Funding Raised	Provider of fully online degree programs across diverse disciplines	-	Village Capital, Europa	46/100
9th	Nexford 2017, Washington, DC (United States), Series A	Online university offering degree program	$18.8M	Learn Capital, New Markets Venture Partners ... & 10 others	46/100
10th	UTEL University 1997, Naucalpan de Juarez (Mexico), Late Stage	Provider of online higher education programs	-	Linzor Capital	46/100