An interview with Fabio Ivatiuk, Co-Founder & CEO of Beetools
What traction do you have so far?
We currently have 2,000 paying students, 19 schools operating, and 9 new schools negotiated that we expect to open in the next 4 months.
What is the story and inspiration behind starting Beetools?
I worked for 10 years with language schools and I noticed that although my business was very financially successful, students were not achieving sufficient learning results. Less than 10% of the students that finished the course could reach the advanced level of English (C1). Therefore, I was not delivering what students were paying for. So, I decided to sell my business and start a new one — this time, focused on results. Students must enjoy studying, they must learn, and we must track their progress to make sure it’s actually happening. To ensure this, we decided to infuse a mix of technology (AR/VR, AI, and gamification).
What is your current focus and next big milestone?
We need to validate the efficiency of our learning method so we can reach new markets easier.
How does your company solve the proposed problem and why is your team the best to solve this problem?
We collect data at every step of a student’s journey through Beetools. We provide this data to a teacher’s dashboard so he or she can understand student needs and provide individualized feedback to each. This way we can teach students with different skills in a different way.
Why are you participating in the LearnLaunch Accelerator? Why did you choose this program?
We’re particularly interested in validating our learning method with the help of ETS. We’re also interested in preparing to raise money in the US.
Learn more about Beetools here.