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Yourtutor.US The School of the Future!.

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Presentation on theme: "Yourtutor.US The School of the Future!."— Presentation transcript:

1 Yourtutor.US The School of the Future!

2 The problem  Students and adults from small or big cities want to take classes, but they do not have either access to teachers or problem with commute.  There is a shortage of teachers everywhere.  E-learning came but it works only for few people who have the discipline and people still need collaboration. People learn from each other.

3 The solution  Our platform offers three modules:
→ a videoconference connection with a virtual white board on which students and a teacher can write, draw, and solve problems interactively at a real time. → Friendly Learning Management System → A module for creating content (video lessons) by the teacher and by the students  The tools allows the teacher to teach any subject the same way he does offline.  We use WebRTC and this puts us on a leading place in the world of e-learning in terms of technology.  The combination of the three module creates a virtual school – The school of the Future!

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6 The Team The company has five shareholders (three founders) Kaloian Kirilov – he came up with the concept and the business model and is the CEO of the firm. Has over 15 years experience in financing, business development and is the founder of Synergy group – a leading Bulgarian M&A advisory firm; Infinno – the software firm. Several developers work on the platform. Svilen Radichkov is the CTO; Peter Petrov, Ivan Lessev and Polina Todorova – angel investors in the project We have also in the team a marketing person (digital marketing), a copywriter, a system administrator, and a teacher with over 10 years experience in e-learning;

7 The Market  Only in the USA the tutoring market is estimated
 The Education market is over 4 trillion and only 2% is digital – the most conservative industry  Only in the USA the tutoring market is estimated at 8-10 billion dollars  Add the school and the universities which use LMS  The market for content is even bigger but crowded  The online tutoring is just 5% of all tutoring but growing fast

8 Competitors  This sector has been developing for the last 10 years so there are companies which offer online tutoring.  However, still most of them are just market places and they send the users to Skype.  In the content field there are many players and the closest one is Udemy  Many LMS systems, which are used mainly in the B2B market – schools and universities.  Since we have also an integrated LMS and a module where a teacher and students can create their own video lessons we can offer a full service to the clients. Everything they can do in a real school.

9 Clients  Students in K12– for various subjects
 Adults – education is ongoing process so adults can take classes in foreign languages, computer classes, accounting, CFA, etc.  Universities and Schools

10 Traction  Participate in the Facebook’s accelerator – FB start
 For 15 months in Bulgaria we have over 1100 tutors (1.5% of all teachers) and over 3000 registered users  In the USA we started at the end of November and we have 75 tutors with 1000 dollars invested.  In April we will launched in Germany and in Austria, where we have a JV with a partner and the web sites are and  Won the first place award in the annual awards of B2B magazine for best educational project and the first place for best innovative startup company  Already have paying customers and revenues  We were shortlisted as a top three startups for the innovation award at BETT Asia  Participate in the Facebook’s accelerator – FB start

11 How will we make money?  We will sell accounts to the teachers.
 We can sell licenses to educational centers, schools, universities so they can offer online education as a shared service.  We can sell the infrastructure to third parties.  Teachers can sell the content (video lessons) they produce and we will get commission

12 Why will we succeed?  We recognize the problem and the disadvantages of the competitors. Unlike a typical online tutoring platform we offer the complete service, which includes three modules and this creates the School of Future.  The team consists of entrepreneurs who have succeeded in many projects so far and have proved that they can create profitable businesses. The five shareholders have created over 30 companies so far and most of them successfully.  It is already happening. We have done it in Bulgaria and now starting in the USA and in Germany.  We are looking for investors or JV partners in order to grow in other countries.

13 kirilov@yourtutor.us www.yourtutor.us Contacts Kaloian Kirilov, CEO
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