An online math tutoring platform, launched in early 2021, offers advanced AI-enhanced math solutions and support from over 500 math experts. The service provides rapid, accurate solutions through a 24/7 chat feature, maintaining a strong user satisfaction rating of 4.6 from nearly 10,000 reviews on a popular mobile operating system.
Key features include the platform's AI solving 59% of tasks, a team of experienced experts, an average solution time of five minutes, and monthly subscription revenue around $500,000. Most of the user base comes from leading global economies. The online education market is seeing significant growth, projected to hit $475 billion by 2030.
Operationally, the platform is efficiently managed, with minimal day-to-day involvement needed and a focus on marketing and cost optimization. A team comprising human resources, finance, and marketing specialists supports these operations.
The platform serves users globally, predominantly from English-speaking countries, with strong user retention. It recently saw 156,000 installs in a month and has 180,000 monthly active users.
Financially, from mid-2023 to mid-2024, the platform reported revenue exceeding $8.6 million and a profit of over $1 million, while keeping supply costs below 7% of total revenue.
The platform is being sold because its current owners are redirecting their focus to a new business venture. This sale is expected to fund the scaling of their new project and present synergistic opportunities for the new owner.
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1. Agreements & Contracts.
Connect with a US-based lawyer or purchase asset-specific template legal documents via Flippa Legal.
2. Conduct Due Diligence.
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