Yourtutor

The school of the future is our virtual school
Startup name
Yourtutor
Web address
Founding date
March 2016
Incorporation
Yes
Total team member
9
Startup stage
Paying users
Category
Consumer
Sector
Education
Product usage or interact
Mobile/Tablet (iOS), Mobile/Tablet (Android), Server software (ie, databases)
City
Gabrovo, Gabrovo, BG

Elevator pitch

Online is the future but people want more collaboration, not just watching videos. With our platform a student can create his own videos, can collaborate with the students, the teacher can create vidoe lessons and they can have online lesson on our virtual classroom which offer such tools that you can do everything you do offline. it saves time and money and give access to the best teachers.

Team

Kaloian Kirilov

I am an entrepreneur. After I did my MBA in the USA set up my own M&A advisory firm, which according to Mergermarket was one of the top local boutiques. Had also an unsuccessful online shop and two years ago started this project in Edtech because of the need for my kids.

Svilen Radichkov

A software developer with more than 12 years experience. First in big software companies and later on on own projects as Yourtutor

Business model

Target customer

in the retail - students and adults and in B2B - schools/universities

Customer acquisition strategy

social media, teachers can also invite their current students

Revenue model

1. sell accounts to teachers on monthly subscription
2. teachers who create content/video lessons can sell it and we get a commission
3. to schools/universities and corporations we ca sell licenses and white label

Market info

Market size

$ 100,000,000,000

Competitors

Competition

many platforms for tutoring who mainly use skype or google hangouts but they are not designed for teaching so the teachers cannot provide good services
In the B2B market are Moodle, Blackboard, Canvas, etc
in the content business - Udemy, etc

Startup traction

In Bulgaria we have as end of July 1100 registered teachers who are 1.5% of all teachers in Bulgaria and we have 3000 registered users

Other information

Got in Facebook accelerator - FB Srart
best startup and 1 place in the education field of the annual award of B2B magazine
Were finalist for the innovation award at BETT Asia 2016

Add comment

Looking for JV partners to replicate our model to other countries. For more info you can look at the Bulgarian web site www.daskal.eu

Publication date: 05 September 2017