Erudito brings ready-to-use content to teacher, paperless homework and gamification of education in Primary school.
We've run an MVP in Ukraine and got the first traction:
B2B: $4250 from private schools. Selling Erudito platform
B2C: $1200 from subscription. Subscription for a month costs $3.99, forever $19.
CAC $3.2 LTV: $3.8
Ukraine market is small, so currently we're looking for the growing market of LatAm. Got 2 meetings with Peru and Bolivia councils, working on a prototype for Spanish speaking countrie.
Ideal customer - Principal in Private school which wants to add competitive advantage to his school. Location: Peru, Mexica, Spain, Ecuador. End users are teachers + kids in primary school.
Estimated price for 1 month from user $5. There are more than 20 000 schools in Peru. It's a big and growing market. We have in partners ex-council of Peru in Ukraine. The goal is to sign a letter of intent with 5 private schools by the end of Sept.
Problem or Opportunity
B2B: Erudito saves 8h - 12h weekly for teachers providing ready-to-use content, ability to send home task right to the smartphone. Neither Google class nor existing competitors provide content in addition to their LMS platform.
Solution (product or service)
Erudito Provides safe, AI-empowered solution in a platform. Erudito brings ready-to-use content to teacher and paperless homework.
Ready to use content for teachers in primary school. All primary school subjects in one app LMS paired with native mobile apps. Proven ability to work on distance education. Online-battle (aka kahoot) for kids. Statistics for parent AI-empowered algorithm of complexity Answers to any kid’s question by human.
Revenue stream - monthly payment for students in primary school. Who pays - parent, the sum might be added to the monthly payment of school. In Peru monthly payment for private: $150 - $3000. Adding +$5 is not a big deal. We did research with parents in Peru and they agreed to pay for the digital product.