Vizulingo

Vizulingo is an education platform that uses Virtual Reality, Artificial Intelligence, and gamification to upskill adult language learners with immersive technology. Our goal is to fill the employment gap for the Home Health Care (700,000 annual job vacancies) and Hospitality (75% employee turnover rate) industries by upskilling migrant workers to fill much needed jobs in the US. 

CUSTOMER PROBLEM:
Current B2B apps ineffectively teach languages to adults as they lack immersive technologies and they use outdated
education methods. As a result, qualified job applicants are underemployed, which damages the individual and the economy.

Our Phase 1 launch will teach English to adult learners in the industries of Home Health Care, Hospitality, and Workforce Development in the US.
Home Health Care: 711,000 job vacancies per year until 2031
Hospitality: 82% of hotels have staffing shortages
Workforce Development Centers: lose about 60% of their students

*Source: Bureau of Labor Statistics, American Hotel and Lodging Association

PRODUCT:
Vizulingo is a two fold software solution consisting of a content creation platform for teachers/organizations to create lessons, and then a mobile app for students to learn languages and workforce skills.

- Vizulingo Editor™: allows institutions or businesses to create lessons for students/employees that use VR and while they license our B2B software for $8,000-$25,000 per year. Our software will be both language agnostic and industry agnostic where any type of business can license our product to create training software in VR.

- Mobile App: Students complete lessons on their mobile device while our patent pending learning method uses storytelling to provide a more practical learning experience. Everyday activities, such as texting, emailing, video chats, and online shopping can be combined with AI to teach English in a fun environment.

BUSINESS MODEL:
- B2B: Our main revenue stream will be from B2B clients that consist of higher education institutions (community colleges, universities, technical schools, workforce development centers, and private language schools along with business such as Health care networks, hotel chains, retail companies, etc. These businesses  will pay between $8,000-$25,000 per year to license our software for their students and employees but they can also create their own content as well or Whitelabel our content creation platform. 

- B2C: We will also have a B2C product for phases 1-3 of our initial launch so we can show investors traction. The B2C units will be $5-$20 per month's and will contain features that are somewhat inferior to the B2B product. 

SCALABILITY (PHASES)
Phase 1: (MVP/Beta Testing) Our focus will be to teach English to adults in the US in the industries of Health Care, Hospitality, and Workforce Development
Phase 2: Post Beta Test will scale to sell our B2B product to universities, colleges, technical schools, K-12, Retail, Manufacturing, Engineering, and Business/Sales
Phase 3: Scale to teach world languages such as Spanish, French, Arabic, etc. while offering lessons in a VR headset
Phase 4: Our global launch will include selected countries in Europe, SE Asia, and South America

MARKET:
- Home Health Care: over 426,000 Providers in the US with an addressable market of about 175,000 providers.
- Hospitality: over 166,000 hotels in the US with an addressable market of about 50,000.
- Workforce Development Centers: 7,500 English language centers including workforce development programs, universities
and private language schools.
- Mobile Language Learning Market (US): $2.8 B and there are 26 M English learners.
- Language Learning Market (Global): 2 Billion people are learning English as a second language with a 10.1% annual growth rate. The overall online language learning market is expected to grow to $35.8 B by 2030 with an annual growth rate of 13.6%.

*Source: Technavio, British Council, and PR Newswire

COMPETITORS:
In content creation, Thinglink and Metaverse AR Studio are important mentions but Vizulingo’s initial focus is on language learning software. Incumbent language mobile apps include Duolingo, Mondly, Rosetta Stone, and Babbel but they don’t adequately teach industry-specific soft skills with VR. In this saturated market, we believe that one of them will purchase Vizulingo to acquire our content creation tool, creating an exit strategy in 3-5 years.

VALUE PROPOSITIONS:
- Home Health Care Providers - Educate English learners to fill the job gaps, retain employees, offer scenario based training with VR and AI
- English Language Centers- retain 20% more students, attract a younger generation of learners, and provide industry specific training.
- English Language Teachers- earn supplemental income by creating and selling lessons on our platform while recruiting private students for lessons.
- Adult Students- learn at their own pace, reduce anxiety, and learn about soft skills & real world scenarios.

MANAGEMENT TEAM

CEO Mark Murphy - Taught English overseas for 8 years and has 15 years of sales experience
Caryn Sever - Instructional designer with EdTech and SCORM experience
Michelle Cummings - Former Chief Academic Officer at Teachers Pay Teachers (TPT)
Ola Adetoye - EdTech Software developer for 15 years and AWS certified
Fox Bonilla  -Technology advisor, VR software developer, and a former NASA employee
Prathiba David - Business & Tech executive, Former COO Skyhive (Ed Tech company)
Molly Fitzpatrick - Taught English at universities in Senegal, Australia, and Italy
Lisa Young - Instructional Designer/Technologist with workforce and higher ed experience
Suman Palit - AI/Machine Learning specialist with 15+ years working with NLP software
Dr. Nooshin Ashtari - Professor of English at UCLA and VR English researcher

FUNDING BREAKDOWN:
We’re seeking $100,000 for our MVP build then an additional $300,000 in seed/angel funding which will be allocated to software development, IP research, marketing, and to pay teachers. This milestone will bring an increase in valuation, closer to the $8-10M range.