Mentory.io

Mentorship sessions supermarket

Fast, personalized, and affordable experience

Illustration
Illustration

Changing the online education approach

із “шаблонного для усіх” на “під кожного”

Problem with online education


  • The same knowledge for everyone

    A student can not customize the course program for his own experience and business context. He has to pay for all the content and fully complete the course even if he needs only a piece of the course. 


  • Knowledge devaluation because of cheap prices and excessive affordability

    Only 1 out of 4 who purchase a course logs in to watch the first video.
    Courses are bought with no further studying or watching them. Free or too cheap prices don't carry the value for customers.

    — The Edsurge research in 2019

  • Illustration

    No time for long-term learning

    5-15% is the average online course completion rate
    There is no need to complete 16 weeks course just for answering one specific narrow question or issue. 

    — Based on a 2018 Columbia University’s Teachers College study on edX and Coursera courses— MOOCproject Stats

I launched 100 courses in 2021 with 3000+ students in total.+I launched my own course and run it three times. 

The results are confirmed

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How does mentory.io solve this?

A supermarket for a personalized experience in any sphere

  • Identify experience gaps (application form, short interview call, etc.)

  • Develop-expand- emerge- explicate-brain

    Develop these gaps through the custom-crafted program

  • Offer better and personalized job opportunities

Market


220 mln

online students in 2021

$7.55 Bn

MOOC Market Size Value in 2022

$152 Bn

Market Forecast Value in 2022-2032

$336.98 Bn

e-Learning market by 2026

Projected average annual revenue

$60.5 mln

From B2C

35mln users (Udemy), 1% CR, $72 AOV, 20% commision, 12 months

$??? mln

From B2B

???

Competitors


  • Affordability

    Personalized Approach

    Narrow Knowledge

    Quick Outcome

    High Completion Rate

    Certification

  • Mentorship

    +($25-150/session)

    +

    +

    +

    +(45%+)

    –

  • UdemyLinkedIn,Skillshare etc.

    +($10-100/course)

    –

    +–

    +–

    –(5-15%)

    +

  • Coursera, Udacity, EdX etc.

    +($60-100/mo)

    –

    +–

    –

    –(5-15%)

    +

  • Professional cerifications (Like CIPD

    –

    –

    +–

    –

    +–(30%)

    +

Monetization model

20% commisions from each transaction 

Early Stage Traction

2 months since the launch, Ukraine, B2C, 0 marketing budget

  • $7 500 GMV, $1 500 in revenue

  • 350+ mentors joined

  • 13 spheres covered

  • 450+ mentees registered

  • 100+ mentorships purchased

  • 6 partnerships settled with niche communities

  • 120+ mentions in Press (incl. The Washington Post, and Vogue)

Key metrics

(2 months since the launch, Ukraine, B2C, 0 marketing budget)

  • Unique user traffic

    11 500

  • Sales

    100+

  • CR

    0,86%

  • AOV

    $74,5

  • ATV (Average number of sales by 1 mentee)

    1,25

  • ATV (Average number of sales by 1 company)

    5

  • Revenue

    $1 500

  • CAC

    $0

Popular spheres share

Illustration

Growth opportunities


B2C global mentorship


- Scale the platform on all types of jobs (spheres)

B2B mentorship


- Mentorship for companies, business owners, or managers.- PDP for company employees (HRMS Integration module)

Hiring, job search feature


- Personalized job search feature during or after the development (for mentee and mentor)

Go-to-market strategy

Mentors' network & referral program

Niche community partnerships

Partnership with HRMS Software and PDP-related services

Залучення компаній як джерело для постійних консультацій

Product development Roadmap

1

4-6 mos

Платформа менторства для b2c

2

+2 mos

B2B складова (компанії, які не можуть найняти ментора, але їхня експертиза потрібна компаніям)

3

+6-8 mos

HRMS Integration module +Personal Development Plan складова (для працівників компанії (HR) чи просто end-user-ам “для себе”. AI-assistant)

4

+6-9 mos

Hiring, job search складова працевлаштування (персоналізований підхід - пошуку вакансій. Knowing strenghts, preferences and PDP).

Company Growth Roadmap

Pre-seed round$350k

Q1 2023

Seed round

Q1 2024

Round A

Q2 2025

Targetingthe EU markets

TOP-5 in the EU marketsTOP-20 in the US market

What our customers say


  • Serhii Vyshnevskyi (B2C Customer)

    Text element

    Thanks to the recommendations of the mentor Kyrylo we signed our first client within a week. The implementation of his advice the client subscribed to our services on a monthly basis.

    — Everything about Upwork and management of design teams with with Kyrylo Lazarev

  • John Doe (B2B customer)

    CMO @Welltech

    The project included info architecture, user research, rapid prototypes, requirements, wireframes, and UX testing/iteration.

    Text element

  • John Doe (Mentor)

    Text element

    There are hundreds of books, courses, and other useful materials. It takes a whole life to complete all of this and become Star-player. This is where mentoring takes place. The one who has already gone through this can wisely advise a less experienced specialist on how to grow more quickly.Mentoring is a definitely better way to succeed professionally.

    — mentorship session

Our Team

Artur Fedorenko

Co-founder, CEO

Serhii Nahornyi

Co-Founder, CTO

Daria Troitska

Marketing Research

We are looking for $350k in Q1 2023

200k

Product development & research

$

100k

Marketing launch / analytics / growth

$

50k

B2B / Partnerships

$

How it works

    Зайти на обрану категорію чи ввести навичку в пошуку

    Знайти серед результатівпідходящу сесію з ментором

    Ознайомитися із описом сесії, експертизою і профілем ментора

    Обрати вільний слот для сесії. Заповнити бриф – описати проблему - сплатити сесію

    Вийти на дзвінок – отримати корисний досвід. Залишити відгук.