61254
Feel Grow
Online education
USA, Florida
Market: Education, training, Artificial Intelligence
Stage of the project: Prototype or product is ready
Date of last change: 28.01.2024
USA, Florida
Market: Education, training, Artificial Intelligence
Stage of the project: Prototype or product is ready
Date of last change: 28.01.2024
Idea
FeelGrow is an educational AI powered APP that specializes in providing concise 15-minute courses, an extensive library of reading materials, and an array of productivity tools.
Its contents are thoughtfully curated to enhance professional development.
Its contents are thoughtfully curated to enhance professional development.
Current Status
Traction December 2023
Monthly Total Revenue : 22 000 $
MRR : 12 500 $
Targeted Advertising Budget : 19 985 $
Paying Users : 1040
Burn Rate : 27 385 $
Monthly Total Revenue : 22 000 $
MRR : 12 500 $
Targeted Advertising Budget : 19 985 $
Paying Users : 1040
Burn Rate : 27 385 $
Market
Novice entrepreneurs 20-40 y.o.
Junior employees 25-34 y.o.
Ambitious students 20-24 y.o.
Markets : whole world, especially US, UK, Australia, Canada
TAM : 582 million entrepreneurs X $89 ARPPU -> $51.8 billion
SAM : 31 million English-speaking X $89 ARPPU -> $2.7 billion
SOM : Targeting 10% of SAM at $89 ARPPU -> $275 million
Junior employees 25-34 y.o.
Ambitious students 20-24 y.o.
Markets : whole world, especially US, UK, Australia, Canada
TAM : 582 million entrepreneurs X $89 ARPPU -> $51.8 billion
SAM : 31 million English-speaking X $89 ARPPU -> $2.7 billion
SOM : Targeting 10% of SAM at $89 ARPPU -> $275 million
Problem or Opportunity
In a rapidly changing information world, brevity and practical application are key. Often, people are not ready to spend their time reading a book in full or completing a course.
Solution (product or service)
Business-Focused EdTech platform for streamlined micro-learning
Competitors
Coursera, Udemy, Khan Academy, Headway, Blinkist
Advantages or differentiators
Price : Relatively low cost
AI : Advanced customizable AI
Range : Wide selection of books and courses
Personalization : Utilizes AI to tailor tasks and goals to the individual's learning journey.
Holistic approach : A comprehensive learning system that integrates courses, summaries, and productivity tools.
AI : Advanced customizable AI
Range : Wide selection of books and courses
Personalization : Utilizes AI to tailor tasks and goals to the individual's learning journey.
Holistic approach : A comprehensive learning system that integrates courses, summaries, and productivity tools.
Finance
Cost Structure :
Content Creation
Marketing and Customer Acquisition
Technology and Development
Operational Expenses
Legal and Compliance
Content Creation
Marketing and Customer Acquisition
Technology and Development
Operational Expenses
Legal and Compliance
Business model
Freemium subscription :
Getting a critical mass of users and metrics for expansion 2023-2024.
Educational Marketplace :
FeelGrow will connect students with industry experts for specialized learning 2024-2025
Consultation and mentoring :
Expérience and knowledge exchange platform in consultation mode 2024-2025
Metrics :
MAU -> 8 290
CAC -> $35.49
ARPU -> $2.9
Getting a critical mass of users and metrics for expansion 2023-2024.
Educational Marketplace :
FeelGrow will connect students with industry experts for specialized learning 2024-2025
Consultation and mentoring :
Expérience and knowledge exchange platform in consultation mode 2024-2025
Metrics :
MAU -> 8 290
CAC -> $35.49
ARPU -> $2.9
Money will be spent on
Content Creation
Marketing and Customer Acquisition
Strategic Partnerships and Collaborations
Expanding and entering new markets
Marketing and Customer Acquisition
Strategic Partnerships and Collaborations
Expanding and entering new markets
Offer for investor
$300 000 for a 10% equity stake
Team or Management
Risks
Market Competition, User Acquisition Cost, Regulatory Changes
Presentation
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