Фото - Native
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Native

Learn anything with on-demand live help

Украина, город Киев
Отрасль: Образование, обучение
Стадия проекта: Готов прототип или продукт

Дата последнего изменения: 30.03.2021
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Идея

Think of education where instead of scheduled classes you choose a single exciting task (e.g., an interview question because you need to prepare for an interview in a foreign language and you have 3 days), prepare, and role play it with a teacher in video chat, 24/7. No scheduling, guaranteed result.

Текущее состояние

Closed beta as part of a pilot with a corporate client.
Smooth onboarding, people like it.

Рынок

Anyone who wants to learn a foreign language (and later other disciplines as well).
Mostly women (65%), 75% of them 24-38

Проблема или Возможность

1 billion students spend $60B/year to improve their lives and lives of their children. Only 5% start to speak fluently. Lack of realistic practice and feedback/control. Good teachers are few. Their attention is expensive. Scheduled learning is not convenient.

Решение (Продукт или Услуга)

"Decision" should be "solution" and simply correcting such mistakes doesn't change much. The real solution is to give people much experience affordably.

Think of education where instead of scheduled classes you choose a single exciting task (e.g., an interview question because you need to prepare for an interview in a foreign language and you have 3 days), prepare, and role play it with a teacher in video chat, 24/7. No scheduling, guaranteed result.

Конкуренты

Nothing of the kind exists yet. If patented successfully, it will start that way
All tutors, all tutoring platforms, all language learning apps, all language schools are our competitors. We seek to supplant them completely.

Преимущества или дифференциаторы

Absolute flexibility because there's no scheduling.
Low price or low cost because we use teacher attention very efficiently
Best solution in times of COVID
Deep insight into human psychology and how people learn (e.g. languages)
Counter positioning (competition will have to cannibalize their main business to compete with us)
Hard to create quality content
Fast growth (with quality investors)

Финансы

- around 75% margin on selling teachers' attention
- placement ads
- market research
- custom course development for B2B
- licensing to B2G and B2B2C
other revenue streams

Бизнес-модель

Model: Free (self service language games) platform attracts people (because it's super valuable) -> they try our sessions with teachers -> at least 5% pay
Channels: Referral program, SMM, partnerships with influencers.
Metrics: Cohort retention, funnel efficiency, client referrals, etc

Целевое назначение инвестиций

Content B - 12 FTEs + native proofreading 30K
Content B media - 24K
Content A (freemium) - 24K
Media for content A - 20K
Platform - 12 FTEs - 30K
Design - 6 FTEs - 24K
Marketing - 50K
Patenting - 9K — 60K
Admin, misc and reserve - 50K

Предложение инвестору

12% for 300K

Команда или Руководство

Риски

copycats
poor patenting
feature creep

Прохождение Инкубационных/Акселерационных программ

Jet Accelerator
Startup School with YC

Победы в Конкурсах и другие награды

1st place at M-Force Pitch Night
1st place at Jet Accelerator Pitch Night
Won $10K for acceleration with Global Seed Forum from USF

Изобретение/Патент

APPLICATION # RECEIPT DATE / TIME ATTORNEY DOCKET #
62/706,425 08/16/2020 01:44:08 PM ET 188VSZ-P0001

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Идея
Текущее состояние
Рынок
Проблема или Возможность
Решение (Продукт или Услуга)
Конкуренты
Преимущества или дифференциаторы
Финансы
Инвестировано в прошлых раундах, $
Бизнес-модель
Целевое назначение инвестиций
Предложение инвестору
Команда или Руководство
Менторы-советчики
Лид-инвестор
Риски
Прохождение Инкубационных/Акселерационных программ
Победы в Конкурсах и другие награды
Изобретение/Патент
Видео о продукте
Презентация