BestTuta

besttuta.com
Progress records
1
Stage of your startup
Prototype
When did you start
March 2020
City
Bushbuckridge, South Africa
Definition in 1 sentence
We generate a platform for online tutoring at the comfort of your own homes. Students also get an option for a physical tutor.
Elevator pitch
BestTuta seeks to provide support to students in South Africa through its tutoring services. This means they can get online tutors at the comfort of their homes. We also offer free mentorship from qualified professionals.
Are you incorporated?
Yes
Category
Enterprise
Sector
Education
How do customers use or interact with your product?
Desktop, Mobile/Tablet (iOS)
Product Demo Video Adress
Video Password
Startup Presentation
Other Documents
Image gallery
Why do you want to attend this program?
I want to attend this program so I may meet the best mentors for my startup and possibly get funding for my startup. This would be the greatest opportunity to network.
Create Date
Wednesday, July 22, 2020 16:28 (Penny Mathumba)

Business model

Describe the problem you are solving
With COVID-19, most students do not feel safe at schools. Therefore, at BestTuta we offer personalised tutoring online and at home upon request.
How are your customers solving that problem today?
The parents are busy, they dont have time to teach their children and sometimes they are illiterate
Target custormers - Define customers, who are they
How do you plan to acquire customers?
word of mouth
website marketing
social medi marketing
What is your revenue model or expected revenue model?
advertise, subscription, transact with customers

Market info

What is your target market?
all the academics
What is your total available market size
$ 100
What steps have you taken to validate the market?
offered free tutoring for the market too test our services.
Do you have competitors? Please write down the names
Competitor name
Competitor website
Competition: write down competitors and explain
Who are your competitors and how are you different?
My competitors use normal university graduates, BestTuta uses tutors who have postgraduate qualifications. Our tutors have PhD's, Masters and Honours, then some have degrees however our team is very strong. BestTuta also offers mentoring services for free to our clients
Traction / KPIs
What progress have you made in the last six months?
I have started a website in the last 4 months and managed to hire employees
How many customers/users do you currently have?
20
What is your monthly growth rate?
10 percent
Describe traction

Finance

How much runway do you have left(Month)?
40
How is equity divided?
Equity type
Name surname
Email
Equity
Founder
Penny Mathumba
% 100
How much money raised since start?
$ 0
Revenue lifetime
$ 0
Last months revenue
$ 0
Investment round
Target fund to raise
$ 200,000
Equity on offer
% 10
Number of employees
15
Other info Write bullet points (Grants, prizes, acceleration)
Add more comments

Team

Owner member
Yes
Member role
Founder
Name surname
Penny Mathumba
Title
Director
Education
Doctorate Degree
School name
University of the Western Cape/Universiteit van Wes-Kaapland
Birthdate
06 June 1992
City
Nelspruit, Mpumalanga, South Africa
Short Bio
I'm a PhD Chemistry graduate from University of the Western Cape. I have been a tutor since my honours years and I know how it feels not to have pocket money as a student at varsity. This is the reason I have decided to create a platform for other students to make money during their spare time.
Owner member
No
Member role
Employee
Name surname
Shepherd Siangwata
Title
Tutor
Short Bio
I am a young researcher with a passion for excellence in the world, therefore I tutor for BestTuta during my spare time. I have a PhD in Chemistry from the University of Cape Town
Owner member
No
Member role
Employee
Name surname
Tlangelani Muzeze
Title
Tutor
Short Bio
I am an Electrical Engineering graduate form the University of Johannesburg. I tutor Science, Mathematics, Technology, and Engineering subjects at BestTuta
Owner member
No
Member role
Employee
Name surname
Jeffery Shisinga
Title
English tutor
Short Bio
I tutor English with BestTuta with an MA in Political Economy in Africa from the University of Leipzig with research experience from Germany and South Africa
Owner member
No
Member role
Employee
Name surname
Joseph Jtr Mugauri
Title
Tutor for LLB courses
Short Bio
I am on my third year LLB studies with the University of Fort Hare and I tutor with BestTuta
Owner member
No
Member role
Employee
Name surname
Sibusiso Mapiyeye
Title
Tutor
Short Bio
I am a Mining Engineering graduate from the University of Johannesburg