Basic interactive presentation

MathMentor

The future of math learning!

Start

Index

Summary

Elevator Pitch

Pain Point

Solution

Competition

Marketing

Financials

About the founder

Elevator Pitch

sequential problem sets, and step-by-step explanations, similar to what a student would receive in the classroom. Whether preparing for exams or simply aiming to improve math proficiency, MathMentor is the ultimate resource in the educational app market for students seeking success in mathematics.

Summary

MathMentor is a revolutionary app designed to empower students of all levels with their mathematical needs. With optical character recognition, easy-to-follow procedures, and personalized learning software, MathMentor offers a dynamic platform for learning, praticing, and mastering mathematical concepts. From basic arithmetic to advanced calculus, the app provides appropriate lessons,

Pain Point

Elevator Pitch

Solution

Pain Point

Math is a constant struggle for many students throughout their schooling. And it is not because they are naturally bad at math. Math requires students to build upon previous knowledge, visualize abstract concepts, and solve problems that require many faculties of the brain.Because students are constantly asked to build upon previous knowledge, learning gaps can occur from either lack of understanding or long time-gaps between successive math courses. The transition between elementary school and high school math can be particularly difficult for students (Barrus 2013). Relying soley on instruction from the teacher is often not enough for students looking to improve their math skills. Certain technologies can provide some support, but they usually lack in the personalization that students require. It can be cumbersome for students to find the specific tool or online lesson that they need at a given point in time.

Competition

Practice

Resources

Camera

Solution!

MathMentorMathMentor is a math support app that provides personalized assistance based on their skill level and content of focus. This app uses a combination of camera recognition technology, AI problem generator software, and quick links to online resources that are specific to the students needs. MathMentor is easy to use and provides students with more support than even a personal tutor could provide. Click on the buttons below to find out more!

What makes MathMentor unique

Competition

Some of the leading technologies in math education support. Hover over each to learn about them. Find out how MathMentor is differentiated by clicking the question mark below!

Photomath

Mathletics

Khan Academy

Socratic

Marketing

Potential

Target Markets

Targeted Ads

The Team

Marketing

Financials

Through rigorous market research, the MathMentor team has identified a significant gap in the math education technology market, presenting a clear opportunity for capturing substantial market share. Backed by a seasoned team with a track record of successful app development and a robust monetization strategy, we are poised to scale rapidly and deliver impressive returns on investment.

Financials

Here we take a look at the market dynamics, pricing model, and the promising opportunity to invest!

Market Size

The education app market is growing more than ever!

Pricing Model

MathMentor uses the freemium model to promote accessibility

Investment Opportunity

Founder

An amazing oppportunity awaits!

Founder: Nik Ottenbreit

Meet Nik, the visionary behind MathMentor. With a passion for incorporating technology to transform learning, Nik brings a wealth of expertise in both education and technology sectors. Nik and the MathMentor team use their skills in innovation and a deep understanding of market trends to develop cutting-edge solutions that cater to the evolving needs of learners worldwide. Being an educator himself, Nik is committed to bridging the gap between traditional education and digital innovation, ensuring that MathMentor remains at the forefront of educational excellence.

(To be completed after peer review)

Weaknesses

Strengths

Reflection

Targeted Ads

Having students as one of the main targeted audience, advertising will target various social media platforms (Tik Tok, Instagram, Snapchat, etc.) and app stores to maximize viewer count. To reach educators and administrators, ads will be posted on LinkedIn, Facebook, and other noteworthy platforms. These ads would highlight the benefits of MathMentor and persuade the audience to give the free verions of the app a try.

The team behind MathMentor comprises a diverse group of passionate individuals that share a vision of revolutionizing math education. Led by seasoned educators with extensive experience in curriculum development and instructional design, our team includes talented software engineers and designers that are dedicated to creating an engaging and effective learning experience. Drawing upon our expertise in both education and technology, we craft each aspect of the app to cater to the unique learning needs of students. With a commitment to innovation and excellence, our team aims to empower learners of all ages to unlock their full potential and succeed in math with confidence.

The Team

Using information from the camera recognition feature, MathMentor will suggest YouTube vidoes that the student can use to supplement their learning, such as Khan Academy.

Additional Resources

statista.com

Investment Opportunity

Investing in MathMentor presents a profitable opportunity in today's market. With the global education app market experiencing significant growth, now is the perfect time to seize this opportunity.MathMentor capitalizes on the rising demand for digital learning solutions which are becoming increasingly necessary in today's technology-driven world. This app is positioned for substantial revenue growth. Join us in empowering learners worldwide while maximizing your investment potential in this rapidly expanding sector.

Being based out of Canada, the team is looking to start promoting in Canada and the United States. The goal will be to eventually expand MathMentor worldwide and become the number one math support app in the market.

Numbers and the Brain

Comprehending and manipulating words and numbers involve similar structures in the human brain, but there are also some large differences. While language processing primarily takes place in the brain's left temporal lobe, mathematical processing is distributed across a broader area. It involves the frontal, parietal, occipital, and temporal lobes of both the left and right hemispheres.

Practice Makes Perfect!

If a student wishes to practice particular math problems that are similar to the ones they are struggling with, MathMentor's artificial intelligence system is ready to create them. The system is designed to assess the current level of the student's ability and create the practice problems accordingly. The level of difficulty of the practice problems will increase as the student makes progress. As with the camera feature, step-by-step "hints" will be provided if the student needs a helpful prompt in the right direction.

Camera Recognition

MathMentor uses an augmented optical character recognition system that is simply used with a smartphone camera. All a student needs to do is to open their camera in the app, hover it over the question that they would like assistance with, and click "solve." Instead of giving just an answer, a step-by-step explanation is laid out so the student can see a break down of the solution they need help with. This allows the student to learn how to solve similar style questions in the future.

Numbers and the Brain

Comprehending and manipulating words and numbers involve similar structures in the human brain, but there are also some large differences. While language processing primarily takes place in the brain's left temporal lobe, mathematical processing is distributed across a broader area. It involves the frontal, parietal, occipital, and temporal lobes of both the left and right hemispheres.

Potential

With the growing demand for digital learning, MathMentor is entering the educational app market at just the right time. Using the freemium business model, MathMentor expects to generate steady revenue from its subscription-based services and advertising. MathMentor has a global reach as it is offered in over 25 languages. It is anticipated to be a commonplace app amongst students across the world within the first year of launching.

Target Market

• MathMentor can be used by students from elementary through to college
• The built in artificial intelligence system offers individualized practice problems from simple arithmetic, to trigonometry, to integral calculus

Accessibility

• MathMentor requires only a smartphone
• The free version offers enough features to provide meaningful support for students
• Can be used both in and out of the classroom

Personalization

• Content is specified to the student using camera recognition AND individualized problem sets
• Suggested resources are geared toward the topic and level of student understanding
• Students can choose be "hints" or step-by-step solution when assistance is needed

Why is MathMentor Unique?

Students/Parents

As a parent looking for that extra assistance for their child, MathMentor offers an easy solution. MathMentor removes the need of having to spend hours helping their children with math homework or having to spend money on personal tutors. Homeschooling has also become easier. With MathMentor Premium, the need to teach math has almost become redundant!

School Districts

School districts recognize the need to support students with their academics, especially for a subject like math where students struggle especially. Districts can also choose to use MathMentor as a way to provide support for teachers. The app is designed to work as a tutoring system so that students can access the extra support they desire without soley relying on the teacher.

Education Institutions

Elementary schools, high schools, universities, ALL schools can implement MathMentor into their education system to promote a higher level of student success in mathematics. With the prevalence of phones in the classroom, it is important for teachers to find ways to incorporate them in a responsible and educational manner.

Pricing Model

MathMentor uses the freemium pricing model to allow accessibility for anyone. As shown in the table below, the Premium account offers to additional features that the Basic accound does not. Both accounts offer the student support that they need. The Premium account is reasonably priced, especially considering the amount families could save on support systems such as personal tutoring.

Market Size

In 2021, the worldwide education app market reached a valuation of USD 6.48 Billion. Projections indicate a steady revenue Compound Annual Growth Rate (CAGR) of 8.9% throughout the forecast period (2022-2030). The market's expansion is primarily propelled by an increasing desire for Science, Technology, Engineering, and Math (STEM) centered applications, the widespread uptake of digital learning solutions, and governmental policies and endeavors (Reports and Data, March 2024).