every child reaches their potential · •Enterprise Ireland and NDRC Female Founders •€55k...

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Updated on 9th of November 2017 “The best thing that happened to childcare”

Transcript of every child reaches their potential · •Enterprise Ireland and NDRC Female Founders •€55k...

Page 1: every child reaches their potential · •Enterprise Ireland and NDRC Female Founders •€55k July ‘16 •50 childcare providers •Ireland •Portugal •Mozambique 6 •€5,751

Updated on 9th of November 2017

“The best thing that happened to childcare”

Page 2: every child reaches their potential · •Enterprise Ireland and NDRC Female Founders •€55k July ‘16 •50 childcare providers •Ireland •Portugal •Mozambique 6 •€5,751

Vision

• Early Years education has a huge impact in social and economic outcomes

• Quality of curriculum and parental involvement are key drivers for quality education

ChildDiary brings smart technology to the classroom to ensure every child reaches their potential

2Sources: Economist “A Running Start” Jun 23rd 2016

Page 3: every child reaches their potential · •Enterprise Ireland and NDRC Female Founders •€55k July ‘16 •50 childcare providers •Ireland •Portugal •Mozambique 6 •€5,751

Problem

Regulatory requirements and parental need for visibility lead to:

• Teachers spend up to 1h/day on paperwork

• Use of ineffective communication channels

• Complex analysis and planning

Enforcing quality

Demandingvisibility

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Page 4: every child reaches their potential · •Enterprise Ireland and NDRC Female Founders •€55k July ‘16 •50 childcare providers •Ireland •Portugal •Mozambique 6 •€5,751

Solution

Daily Routines Curriculum Assessment Parental Involvement

Intuitive platform

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AI will support predictive teaching

Page 5: every child reaches their potential · •Enterprise Ireland and NDRC Female Founders •€55k July ‘16 •50 childcare providers •Ireland •Portugal •Mozambique 6 •€5,751

SAVESTIME

22h per month/staff

REDUCESCOSTS33% over

traditional methods

ENGAGES PARENTS98% of parents recommend it

EMPOWERS TEACHERS

Document and plan easily

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Page 6: every child reaches their potential · •Enterprise Ireland and NDRC Female Founders •€55k July ‘16 •50 childcare providers •Ireland •Portugal •Mozambique 6 •€5,751

Traction

• Enterprise

Ireland and

NDRC Female

Founders

• €55k July ‘16

• 50 childcare

providers

• Ireland

• Portugal

• Mozambique

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• €5,751 MRR

• < 10% churn

• < €500 CAC

• €13k LTV (over 3 years)

Page 7: every child reaches their potential · •Enterprise Ireland and NDRC Female Founders •€55k July ‘16 •50 childcare providers •Ireland •Portugal •Mozambique 6 •€5,751

Usage statistics – last week

Avg. daily usersStaff 246Parents 1,891

Avg. session durationStaff 01:23Parents 01:11

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1,380

6,738

342

4,000

What was shared

Posts Daily records Observations Media

Page 8: every child reaches their potential · •Enterprise Ireland and NDRC Female Founders •€55k July ‘16 •50 childcare providers •Ireland •Portugal •Mozambique 6 •€5,751

Market Size

53M2.5M

33,068

Attending childcare Portugal and Spain Our target

in 18 monthsOECD

Serviceable Available Market (SAM)

Sources: Eurostat | UNESCO-UIS | OCDE | PORDATA

Total Available Market (TAM)

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• Governments investment in childcare to support working families

• Enrolment rate at age of 5 is 80% and under 3 years is 35%

Page 9: every child reaches their potential · •Enterprise Ireland and NDRC Female Founders •€55k July ‘16 •50 childcare providers •Ireland •Portugal •Mozambique 6 •€5,751

Childcare providers

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Type Private Age groupsNo. children

0 to 5Market % Total no.

Tier 1 Yes 0 to 18 120-250 10% 2,732

Tier 2 Yes 0 to 5 80-150 30% 8,169

Tier 3Yes, government

subsidised0 to 5 80-250 40% 10,892

Other Public 0/3 to 5 30-150 20% 5,446

Page 10: every child reaches their potential · •Enterprise Ireland and NDRC Female Founders •€55k July ‘16 •50 childcare providers •Ireland •Portugal •Mozambique 6 •€5,751

Blog, Social Media, Training Sessions, Partners, Paid Ads, Email

Campaigns

Sales Development Representatives

(Qualify)

Account Executives

(Close)

Route to Market

Institutionalpartners

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1 week to 2 months

• Sales Development to Account Executives is at 8.42%

• Account Executives to close is at 40.91%

Page 11: every child reaches their potential · •Enterprise Ireland and NDRC Female Founders •€55k July ‘16 •50 childcare providers •Ireland •Portugal •Mozambique 6 •€5,751

Revenue Model

Recurring subscriptions help build a steady revenue stream

Product Subscription

AffiliateSales

eBooks, toys, baby products, …

Premium add-ons

Gallery, end of year book,…

Paid by childcare providers

€3 + VAT per child per month

Implemented

Q3 2019

after increase in user base

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Page 12: every child reaches their potential · •Enterprise Ireland and NDRC Female Founders •€55k July ‘16 •50 childcare providers •Ireland •Portugal •Mozambique 6 •€5,751

Live sales pipeline – Monthly Recurring Revenue

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Page 13: every child reaches their potential · •Enterprise Ireland and NDRC Female Founders •€55k July ‘16 •50 childcare providers •Ireland •Portugal •Mozambique 6 •€5,751

Competition

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ChildDiaryTraditionalmethods

Weduc Educabiz Brightwheel Classdojo

Domain Expertise

Indirect

Classroom ready

Curriculumplanning

Parental access

Limited Limited

Price per child

€3 €2.5-€5 €0.30 €1 Freemium, €2 Freemium

Page 14: every child reaches their potential · •Enterprise Ireland and NDRC Female Founders •€55k July ‘16 •50 childcare providers •Ireland •Portugal •Mozambique 6 •€5,751

Competitive Advantages

Domain Expertise

Allow us to understand customer’s needs

Easy to useSimple UI, matching our

the classroom environment

Why do high quality childcare providers choose us:

“ChildDiary was an easy choice for us, given the high level of support and the thorough understanding of our needs”

Rosheen Temple, WeeCare RTE14

Page 15: every child reaches their potential · •Enterprise Ireland and NDRC Female Founders •€55k July ‘16 •50 childcare providers •Ireland •Portugal •Mozambique 6 •€5,751

Team

Joao de Sousa Founder, CEO

MSc Computer Science. Worked with

multinationals & startups worldwide

Vanessa BileuFounder, COO

MA Early Years Education. Experience in Ireland & Portugal as practitioner and teacher

Advisors

Roberto CortezMarketing

BSc. International Relations. Experienced

Digital Marketeer, focused on lead

generation

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Anabela CarapetaSales

MA Chemical Engineering. 15+ years

of B2B sales management experience

Female Founders Ana PimentaFinancial Analysis

Maria HomensProgramme Chair

Cian PowellFounder & MD

Heidi Corr &Conor Carmody

Page 16: every child reaches their potential · •Enterprise Ireland and NDRC Female Founders •€55k July ‘16 •50 childcare providers •Ireland •Portugal •Mozambique 6 •€5,751

Ask

€500KInc. €250k EI

match funding

Q1 2018

€1.27MAnnual Recurring Revenue

Q3 2019

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33,068Children

276Childcare providers

ProductAI and predictive

teaching

Page 17: every child reaches their potential · •Enterprise Ireland and NDRC Female Founders •€55k July ‘16 •50 childcare providers •Ireland •Portugal •Mozambique 6 •€5,751

Financials – work in progress

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Page 18: every child reaches their potential · •Enterprise Ireland and NDRC Female Founders •€55k July ‘16 •50 childcare providers •Ireland •Portugal •Mozambique 6 •€5,751

Closing Summary

Scalable and reliable platform that is used daily across multiple countries

Sales model is validated and market is ready to buy

Opportunity to make a difference in the future of millions of

children, parents and teachers

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Page 19: every child reaches their potential · •Enterprise Ireland and NDRC Female Founders •€55k July ‘16 •50 childcare providers •Ireland •Portugal •Mozambique 6 •€5,751

Let’s talk?

[email protected]

+353 85 160 7384+351 96 381 1868

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