The number of people requiring upskilling in today's day and age is probably greater than any time in the history of mankind due to the advent of AI and the speed of innovation. FastLearner unlocks the potential for students, instructors and institutions by enabling higher education and skills based training scalability.
Current Status
B2B adoption by a company with 500+ trainers and 3M+ students. 3 MoUs signed with universities, 2 School Districts, 1 Community College professors in pipeline. Current sales pipeline worth $10M+. Revenue flow started.
Market
14 to 30 year olds for student focus. 40 to 55 year olds for instructor focus.
Problem or Opportunity
Mainly, solving the challenges in higher education scalability and skills development.
Student side problems include: high dropout rates, skills development for job market, learning retention.
Instructor side problems: Lecture creation, higher earning and student evaluations.
Solution (product or service)
For students: System having instructor's recorded lectures, with AI answering any student questions from lectures in realtime. Personalized learning paths. Skills focused and job market focused courses. Hybrid learning with class plus online support.
For instructors: AI supported lecture creation, course marketing support, AI enabled evaluations (even for handwriting).
Competitors
Udemy Coursera Khan Academy Educative.io
Advantages or differentiators
- Hybrid model instead of online only - Personalised learning features - Affiliate marketing support for instructors - White glove instructor support. - All bases covered for maximising learning retention.
Business model
Per student subscription starting from $15/month Per instructor subscription starting from $50/month Custom pricing for enterprises.
Money will be spent on
50% on Sales and marketing. 30% on course creation 20% on R&D Revenue target is $2M in 1 year.
