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Qataloog

Qataloog is Uber for learning content distribution

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

Date of last change: 17.12.2024
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Idea

Qataloog makes it easy for students to access learning content conveniently at a cost-effective monthly subscription

Current Status

- $286k+ in revenue
- 8 Universities and Colleges as paying customers
- Distributed 24k+ learning content
- US Incorporation

Market

Children aged 0 -18 and their teachers, educators, or caregivers
Learners living in poverty, women and girls who are struggling to afford learning resources
Part of a minority or underserved student population
Refugees and/or Internally Displaced People (IDPs)
People with disabilities or special educational needs.
Most vulnerable learners, and/or Education in crisis or conflict.

Problem or Opportunity

Students are struggling with access to learning content. Textbook prices continue to rise leaving students unable to afford the resources they need. This not only limits students’ access to knowledge but also contributes to 65% failure rate in learning outcomes. At the same time, it leaves publishers at a loss in this highly fragmented market.

Solution (product or service)

Qataloog is EdTech and social impact-driven Startup that makes it easy for students to access curriculum-curated e-text conveniently and fast at cost-effective monthly subscription. Disrupting the highly fragmented $20B African learning content market, Qataloog seeks to provide the latest findings from the best publishers, authors and aggregators to reduce students’ learning content budget by 91%.

Competitors

Competitors like Kortext, Perlego and Snapplify exist.

Advantages or differentiators

Qataloog's learning content is relevant, curriculum-aligned and cuts across diverse verticals and subjects competitors don’t currently have. Qataloog is cost-effective, convenient, and faster. Qataloog uses cataloguing algorithms to autonomously understand semantics learning content and user search preferences to unlock the latest learning content for each student

Finance

B2B subscription business model. We bill users $6 monthly subscription and pay publishers 5 Cents for every hour that their content is read. On average, this is 58% Gross profit margin for Qataloog.

Business model

Milestones & Traction
- $286k+ in revenue ($30k+ monthly revenue)
- 8 Universities and Colleges as paying customers
- Distributed 23.8k+ learning content
- Onboarded 3000+ Academic Publishers
- US Incorporation
- 2M content from authoritative sources on our network
- $250,000 funding raised for 5% equity
- Growing at 25.4% MoM

Money will be spent on

1. Marketing (50%)
2. Key Hire (20%)
3. Technology (20%)
4. Operations (10%)

Growth Result
- Reach $10M run rate
- Hit profitability in 18 months
- Distribute 1 million learning content in 12 months
- Scale to 3 Countries

Offer for investor

12.5% Equity

Team or Management

Risks

Government regulations
Inability to raise growth fund

Incubation/Acceleration programs accomplishment

Mastercard Foundation EdTech Fellowship 2023
Startupbootcamp Afritech ASIP

Won the competition and other awards

https://dailytrust.com/qataloog-wins-ncc-emerging-techs-competition/

Invention/Patent

NA

Photos

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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
Presentation