ClassX

ClassX is connecting instructors with classrooms globally and skills seekers with learning experiences locally.

We have 18k users, +400 instructors, +200 venues, +1000 industry-leading courses with Google, AWS, Comptia, Certnexus...
We generated more than 600k$ in revenue when testing the model.
We were operating under another name, to keep a stealth mode and bootstrapped in the past and just raised 2m650k of 3m round to make a more robust product, expand the network, boost marketing and sales and prepare the next round.

The global education sector is expected to witness $10 trillion in expenditure over the next decade, with the upskilling industry alone representing a market size of $400 billion, targeting 1.1 billion individuals for upskilling.

Here are our customer segments:
1. **B2C (Business-to-Consumer)**: ClassX serves individual skills seekers who seek in-person learning opportunities for personal or professional development.
2. **B2B (Business-to-Business)**: ClassX partners with businesses to facilitate upskilling and reskilling of their workforce, providing a platform for businesses to connect with learning groups and offer tailored learning experiences for employees at scale.
3. **B2G (Business-to-Government)**: ClassX collaborated with government entities to support workforce and citizens development initiatives, offering tools and resources to help governments address skill gaps and promote economic growth through education and training programs at scale.

In the realm of online learning, where completion rates struggle to exceed 10%, ClassX addresses the challenges of limited access to education and inefficient space utilization.

By connecting instructors with available spaces and learners seeking new skills, we aim to make education more accessible and scalable, overcoming the barriers that hinder traditional and digital learning methods.

ClassX operates in a competitive landscape with various existing alternatives:
- Traditional Education Institutions: Established universities, colleges, and educational organizations offer in-person learning experiences, albeit with limited flexibility and often higher costs.
- Online Learning Platforms: Companies like Coursera, Udemy, and Skillshare provide online courses and tutorials, offering convenience but lacking the hands-on, in-person interaction that ClassX emphasizes.
- Community Education Programs: Local community centers, libraries, and recreational facilities may offer classes and workshops, though their offerings may be limited in scope and quality compared to what ClassX aims to provide.
- Corporate Training Programs: Many companies offer internal training and development programs for their employees, focusing on specific job-related skills and competencies.

ClassX offers several advantages and differentiators in the domain of in-person learning:
1. **Comprehensive Platform**: ClassX provides a one-stop platform for both instructors and learners, facilitating the entire process from finding suitable venues to booking classes and making payments, streamlining the entire educational experience.

2. **Global Reach, Local Impact**: By connecting instructors with available spaces globally and skills seekers with group learning opportunities locally, ClassX enables access to diverse educational offerings while fostering community engagement at the grassroots level.

3. **Optimized Space Utilization**: ClassX helps maximize the utilization of underutilized spaces such as community centers, studios, or meeting rooms, creating revenue opportunities for space owners while providing affordable venues for instructors and learners.

4. **Flexibility and Scalability**: With its flexible scheduling and diverse range of offerings, ClassX accommodates various learning needs and preferences, making education accessible and scalable for individuals, businesses, and communities alike.

5. **Quality Assurance and Community Building**: ClassX implements quality assurance measures to ensure that instructors meet certain standards, fostering trust and credibility within the platform. Additionally, it cultivates a vibrant community of learners and educators, encouraging collaboration, networking, and knowledge sharing.

6. **Hands-On Learning Experience**: Unlike purely online platforms, ClassX emphasizes in-person interaction, fostering hands-on learning experiences, collaboration, and networking opportunities that are essential for certain skills and disciplines.

Overall, ClassX stands out as a versatile and inclusive platform that revolutionizes in-person learning by leveraging technology to connect instructors with spaces and skills seekers with educational opportunities, ultimately shaping the future of education in a dynamic and interconnected world.

Revenue Stream:
- The primary source of ClassX revenue comes from selling training seats.
Cost structure:
- Instructor and Host commission or flat fee, depending on the type of transaction (B2C, B2B or B2G)
- Curriculum Partners
- Product tech
- Marketing and Sales
- Operation

B2C: Revenue sharing model
ClassX 40% - Instructor 30% - Venue 30%
B2B and B2G = Flat rates for instructors and venues

1- Product: Upgrading product features
2- Marketing and Business Development: Expanding the community of hosts, instructors and students.
3- Sales: Converting users to buyers and expanding the network of served businesses and governments
4- Staffing: Recruiting key team members to manage day to day operations
5- Filing for a patent :

I am giving away 200 000 shares for the total 350k

Here are the risks identified:

1. **Regulatory Compliance**: ClassX may face regulatory challenges related to education, zoning, or business licensing in various jurisdictions, requiring careful navigation to ensure compliance with local laws and regulations.

2. **Quality Control**: Ensuring the quality of instructors and educational offerings on the platform is crucial to maintain trust and credibility among users. Failure to maintain quality standards could lead to dissatisfaction and loss of reputation.

3. **Market Competition**: The education sector is highly competitive, with established players and emerging startups offering similar end services. ClassX must differentiate itself effectively and continuously innovate to stay ahead of the competition.

4. **Technological Challenges**: ClassX relies on technology for its platform operation, which may be vulnerable to technical issues, cybersecurity threats, or disruptions in service. Robust infrastructure and proactive risk management are essential to mitigate these risks.

5. **User Adoption and Retention**: Encouraging instructors and learners to adopt the platform and retaining them over the long term can be challenging. ClassX must continuously provide value, improve user experience, and engage with its user community to foster loyalty and retention.

- Star venture : European Bank for Reconstruction and Development
- Taqadam : King Abdullah University of Science and Technology
- GSMA platform for Tomorrow (GSM Association Accelerator)

- French President Award for Innovation
- IFC Next 100 Startups
- Secretary of State for Commerce - Global Woman in Tech