Photo - Workademy
play_arrow
View
51529

Workademy

Workademy helps companies become learning organizations.

Germany
Market: Education, training
Stage of the project: Operating business

Date of last change: 07.11.2021
Show contacts
0
equalizer from 2000
help
Calculated and estimated occupancy of the project (more about ratings)
My rating
1
2
3
4
5
6
7
8
9
10
Average rating:
 

Idea

Workademy is developing a cloud- and subscription-based learning platform to help growing companies to scale the knowledge of any employee to the whole organization with a smart course builder.

Current Status

stable feature-complete scalable cloud-based product with 0 spendings on developers. 50000 in sales. 25+ high-quality online courses created on the platform, 10K+ registered learners, 30%+ course completion rate, 83 different workspaces, built content marketing strategy, set up sales pipelines and processes. 5 paying customers

Problem or Opportunity

The problem we are solving is inefficient knowledge management, which leads companies to productivity loss, quality loss, opportunity loss, inefficient growth, employee frustration.

Solution (product or service)

We help companies structure and retain internal knowledge in an easy and engaging way. Our learning management system allows anyone to create courses, using a smart course builder with an integrated learning design approach. People don't need to be learning experts, they focus solely on the area of their expertise, the platform does the rest.

Competitors

SAP Litmos https://www.litmos.com/
Docebo https://www.docebo.com/
TalentLMS https://www.talentlms.com/

Advantages or differentiators

- high flexibility of the platform that makes it extremely versatile and applicable for any use case
- integrated didactic approach, that guides the course creators step by step through the instructional design process so that people don't have to hire learning specialists to create their courses
- WYSIWYG (what you see is what you get) course editor that saves time in course creation by 2-3 times compared to other platforms where course editor and course visualization are spread within different interfaces (or even platforms or tools!)
- extremely fast development cycles enabling us to develop features on demand

Business model

Our business model is a subscription-based model. We offer three tiers depending on the number of client’s users: up to 200, 500, and 2000 users; or pay-per-use.
We also provide additional services: workspace customization, and e-learning consulting.

Money will be spent on

- Develop an analytics module
- Develop the smart course builder based on Backward Planning and Bloom's Taxonomy
- Hire a Sales Team
- Hire a Finance Team
- Build iOS and Android applications

Team or Management

Incubation/Acceleration programs accomplishment

- Graduated from Founder Institute
- part of Loyal VC portfolio

Won the competition and other awards

top 10 projects out of 56 in the Techcrunch disrupt berlin Hackathon

Product Video

4,50
1
2
3
4
5
2 voices
Sign in/Sign up
arrow_back
EN
more_horiz
close
visibility286
star1
Add to favorites
Delete from favorites
share
close
thumb_up0
Like
Unlike
Idea
Current Status
Market
Problem or Opportunity
Solution (product or service)
Competitors
Advantages or differentiators
Finance
Invested in previous rounds, $
Business model
Money will be spent on
Offer for investor
Team or Management
Mentors & Advisors
Lead investor
Risks
Incubation/Acceleration programs accomplishment
Won the competition and other awards
Invention/Patent
Photos
Product Video