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TestAI

TestAI

Kazakhstan, Almaty
Market: Internet and IT, Education, training, Artificial Intelligence
Stage of the project: Prototype or product is ready

Date of last change: 24.04.2020
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Idea

We are creating a web-platform, where teachers of all kinds can generate examination tests with different variants with the usage of Artificial Intelligence. The teacher has to provide a video file of lecture or lesson or link to live - streaming and AI will generate tests from it.

Current Status

We have made MVP and need further development. Marketing and acquisition of customers has to be improved

Market

Initial market:
TAM -
5630 university teachers in Kazakhstan
SAM -
55% = 3096
using constructors to create tests
SOM -
10% = 309
Realistically achievable market share

Problem or Opportunity

Teachers are always struggling with tests. Creating tests with different variants is time and energy-consuming. And there is always a human factor that may cause errors in creating and checking tests which doubts the objectiveness of knowledge evaluation. This causes a lot of trouble for teachers from the administration and students. We have done a customer development survey which helped us identify the problem and its value.

Solution (product or service)

We are creating a web-platform, where teachers can generate tests automatically with the help of AI. The teacher has to provide a video file of lecture or lesson or link to live - streaming and AI will generate tests from it.

Competitors

kahoot.it
quizlet
proprofs

Advantages or differentiators

1) None of the competitors use AI technologies to provide the best experience for its users. It is a fancy technology for everyone.
2) Our product provides objectiveness of knowledge evaluation
3) AI support automatic generation of tests. Which helps teachers save energy and time
4) AI support automatic evaluation of test and analytics which helps teachers to improve their approach to teaching

Finance

We have made unit-economy calculations according to our monetization model which is a subscription.

Business model

We have made Lean Canvas of our Business Model which is included in our presentation

Money will be spent on

The money will be spent on development.
Machine learning tools.
Teaching tools.
Cloud support.
Server and domain.
Marketing like Google AdWords, Yandex.Direct, Instagram promotions

Offer for investor

10% of project

Team or Management

Risks

The development of the product may take time.

Incubation/Acceleration programs accomplishment

Participation in Kazakh British Technical University Startup Incubator
5,00
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Idea
Current Status
Market
Problem or Opportunity
Solution (product or service)
Competitors
Advantages or differentiators
Finance
Invested in previous rounds, $
Business model
Money will be spent on
Offer for investor
Team or Management
Mentors & Advisors
Lead investor
Risks
Incubation/Acceleration programs accomplishment
Won the competition and other awards
Invention/Patent
Photos
Product Video