Description: Our app learns the way you learn, by watching how you study through short lessons and quick quizzes, it figures out what helps you understand best, tracks your progress, fixes your common mistakes, and creates fun flashcards and tests that fit your schedule, making learning easier, smarter, and more enjoyable.
TutorMe is a personalized tutoring environment for every kind of student that learns your way of learning

The Need:
Students are facing the following problems: ADHD, Lots of pressure, Lack of good teachers, Difficulty finding well – made exercises and notes perfectly suited for every course / subject that are friendly for each student.

The Market: TAM: 264 Million[1], SAM: 2 Million[2], SOM: 342 Thousand[3] (sources: [1]: Unesco:World Students, [2-3]: Eurostat:Pupils and students enrolled by education level, sex, type of institution and intensity of participation)

The Competition: { Brainly, Khanmigo, Tutorly, NoteBookLM, SimpleClub } Not exactly the same

Revenue - Financials:
Year 1 Year 2 Year 3 Year 4
Offering#1 Number of Customers / Units sold 100 500 3,000 5,000
Offering#1 Price per Unit 120 96 96 72
Offering#1 Revenue 12,000 48,000 288,000 360,000
Offering#2 Number of Customers / Units sold 1,000 5,000 10,000 35,000
Offering#2 Price per Unit 84 72 72 48
Offering#2 Revenue 84,000 360,000 720,000 1,680,000
Total Revenues 96,000 408,000 1,008,000 2,040,000

Offering #1 Product Costs (Direct) per Unit 12 12 12 12
Offering #1 Service Costs (Direct) per Unit 0 0 0 0
Offering #1 Cost of Goods Sold 1,200 6,000 36,000 60,000
Offering #2 Product Costs (Direct) per Unit 6 6 6 6
Offering #2 Service Costs (Direct) per Unit 0 0 0 0
Offering #2 Cost of Goods Sold 6,000 30,000 60,000 210,000
Total Cost of Goods Sold 7,200 36,000 96,000 270,000

Gross Profit 88,800 372,000 912,000 1,770,000
Gross Profit Margin 92.50% 91.18% 90.48% 86.76%

Number of Employees 7 11 15 20
Annual Cost per Employee 20,000 30,000 35,000 35,000
Total Personnel Costs 140,000 330,000 525,000 700,000
Marketing Expenses 20,000 35,000 50,000 30,000
General & Administrative Expenses 10,000 30,000 30,000 30,000
Other Costs (define) 0 10,000 10,000 10,000
Total Fixed Costs 170,000 405,000 615,000 770,000

Net Profit or Loss before taxes -81,200 -33,000 297,000 1,000,000
Net Profit or Loss Margin -84.58% -8.09% 29.46% 49.02%




Idea-Team: We are students and we have experienced the problem.

The Magic: Our “innovation” is built in user’s personalization