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Smartestprep

Kazakhstan, Astana city
Market: Education, training, Blockchain
Stage of the project: Prototype or product is ready

Date of last change: 05.04.2022
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Idea

Smartestprep is 70% automated college counseling and test prep platform.
We work with students from CIS market and have already helped students win scholarships worth of $9mln.

Current Status

Smartestprep started as a traditional business and has been on the market for 3 years. Since 2021, we have begun developing as an EdTech startup to automate processes in our business and scale. We have shown optimistic results - NPS of 78.6%, UE 72, and MRR of $25K. Quest ventures believed in our potential and gave us 50k investment, which boosted our platform development, and helped expand sales.

Problem or Opportunity

There Are several key factors:
1. unawareness - the majority of students either do not know about opportunities to go abroad or do not believe in them
2. standardized tests
3. incorrectly filled out documents/ applications
4. essays written by ghost-writers - academic fraud
5. switching from company to company - adds unnecessary stress
unnecessary stress

Solution (product or service)

SmarTestPrep, a comprehensive online platform that helps students from any country get into the world’s best universities on scholarships
The platform provides
- a list of more than 50 000 universities offering scholarships to
- a questionnaire that automatically assesses a student's acceptance chances;
- test prep, college essay writing, and other courses;
-my applications section to track progress;

Business model

The business model we employ is simple yet effective. We use a freemium model where Students pay for a monthly subscription. There Are three subscription tariffs and additional up-sale services, while our partners pay for student leads;

Incubation/Acceleration programs accomplishment

Kazakhstan Digital Accelerator by Quest Ventures
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