South Africa - Startup under 3 years old

Describe your project or startup in a few words

South African conversational AI-powered edtech platform which assist high school students get better grades. The platform supports students by providing tailored learning, study materials for exam preparations, test, homework preparation, career guidance.

01.01 Describe your startup in more detail

Mymatric AI is South African conversational AI-powered edtech platform which assist high school students get better grades. The platform supports students by providing tailored learning, study materials for exam preparations, test, homework preparation, career guidance and step by step solutions using AI, and leveraging on WhatsApp, Web, and Facebook Messenger, which makes it easily accessible to a wide range of students. Our AI platform covers all 79 Caps and IEB curriculum subjects. 

01.02 What is the main problem you are trying to solve?

High school students in South Africa face significant challenges re: 1. Accessing educational resources; 2. Getting tailored help with their studies; and 3. Achieving better academic performance.

01.03 Tell us the major benefits and/or advantages of using the product/service that your startup provides (at least 3).

1. Personalized learning: Mymatric AI's platform uses advanced artificial intelligence and machine learning to provide personalized learning experiences for each student, ensuring that they receive the most relevant and effective education. 2. Easilty accessible: Our platforma leverages on WhatsApp and Facebook Messenger which makes it accessible to a wide range of students. The platform is available 24/7, this helps students to study at their own time and pace. 3. Improved pass rate: Students use Mymatric AI to prepare for exams, tests, and homeworks. The platform provides previous question papers for practice, study guidelines for writing essays, novels, etc. The platform further covers all 79 subjects in South Africa. This leads to a high pass rate for a student. 4. Mulitlingual: Students can chat with the AI using any of the South African languages.

01.04 Please describe who exactly your startup’s product/service is aimed at serving. Who are the targeted beneficiaries?

South African high school students

01.05 When was your company established?

2024-04-04

01.06 Are you already selling your product/service?

Yes

01.07 How many other owners are there within your startup?

1

01.08 Among the other owners, how many are female?

0

01.09 Please describe the profile of the other owners within your startup (skills, experience, etc.)

Under the visionary leadership of Mr. Vuyisa Tafa, combined first-hand experience in South Africa’s education system, and a team with deep AI expertise. We are driven by passion for making real the difference in the lives of African students. Mr Tafa is currently completing an MBA degree, which provides important skills and knowledge to manage and provide a strategic leadership for the betterment of Mymatric AI. Among the team, we have Mr. Simon Nakibinge who is currently completing a master degree in Artificial Intellicgence in Beijing. Mymatric AI is also in the process of hiring additional 3 staff members by end June 2024, who will be responsible for research and data analysis, social media management, and sales.

01.10 If you have a website, a social media page (Facebook, Instagram, Linkedin…), or app, please provide the link(s) here:

https:www.mymatric.co

01.11 Which industry best describes your project?

h) IT (digital services, equipment and software)

02.01.01 My startup contributes to the No poverty goal

7 - Strongly Agree

02.01.02 No poverty - Justification for my startup

Mymatric AI contributes to the following SD Goals, and thus contributing to the elimination of poverty. 1. SDG 4: Quality Education – By providing students with personalized learning resources and support, Mymatric AI helps to improve the quality of education and learning outcomes for students in South Africa. 2. SDG 5: Gender Equality – Mymatric AI’s focus on accessibility and affordability helps to ensure that girls and young women have equal access to educational resources, thereby promoting gender equality in education. 3. SDG 10: Reduced Inequalities – By addressing the challenges faced by students in underserved communities, Mymatric AI helps reduce educational inequalities and promote social inclusion.

02.02.01 My startup contributes to the Zero hunger goal

4

02.02.02 Zero hunger - Justification for my startup

02.03.01 My startup contributes to the Good health and well-being goal

3

02.03.02 Good health and well-being - Justification for my startup

02.04.01 My startup contributes to the Quality education goal

7 - Strongly Agree

02.04.02 Quality education - Justification for my startup

Mymatric AI contributes to the following SD Goals: 1. SDG 4: Quality Education – By providing students with personalized learning resources and support, Mymatric AI helps to improve the quality of education and learning outcomes for students in South Africa. 2. SDG 5: Gender Equality – Mymatric AI’s focus on accessibility and affordability helps to ensure that girls and young women have equal access to educational resources, thereby promoting gender equality in education. 3. SDG 10: Reduced Inequalities – By addressing the challenges faced by students in underserved communities, Mymatric AI helps reduce educational inequalities and promote social inclusion.

02.05.01 My startup contributes to the Gender equality goal

7 - Strongly Agree

02.05.02 Gender equality - Justification for my startup

Mymatric AI contributes to the following SD Goal which addresses gender inequality; 3. SDG 10: Reduced Inequalities – By addressing the challenges faced by students in underserved communities, Mymatric AI helps reduce educational inequalities and promote social inclusion.

02.06.01 My startup contributes to the Clean water and sanitation goal

1 - Strongly Disagree

02.06.02 Clean water and sanitation - Justification for my startup

02.07.01 My startup contributes to the Affordable and clean energy goal

1 - Strongly Disagree

02.07.02 Affordable and clean energy - Justification for my startup

02.08.01 My startup contributes to the Decent work and economic growth

7 - Strongly Agree

02.08.02 Decent work and economic growth - Justification for my startup

By providing access to quality education, and career guidance, students are able to enroll into university and obtain higher education which inturn makes them eligable for decent work and contribute positively to society and economic growth.

02.09.01 My startup contributes to the Industry innovation and infrastructure

7 - Strongly Agree

02.09.02 Industry innovation and infrastructure - Justification for my startup

The world is shifting to the utilisation of new technologies such as AI, Mymatric AI is one of the first companies to revolusionilize the education sector through the use of artificial intelligence. The Covid-19 has also played a critical role by providing an urgent need for innovation within different sectors including education.

02.10.01 My startup contributes to the Reduced inequalities goal

7 - Strongly Agree

02.10.02 Reduced inequalities - Justification for my startup

SDG 10: Reduced Inequalities – By addressing the challenges faced by students in underserved communities, Mymatric AI helps reduce educational inequalities and promote social inclusion.

02.11.01 My startup contributes to the Sustainable cities and communities goal

7 - Strongly Agree

02.11.02 Sustainable cities and communities - Justification for my startup

1. Reduced environmental impact: By providing digital learning resources and reducing the need for physical materials, such as workbooks, Mymatric AI helps to reduce the environmental impact of education and contribute to a more sustainable learning environment. 2. Improved quality of life: By providing high-quality, personalized education to students, Mymatric AI contributes to improved quality of life and economic opportunities for individuals and communities, particularly in underserved areas. 3. Economic growth: By improving the quality and accessibility of education, Mymatric AI contributes to economic growth and development in South Africa

02.12.01 My startup contributes to the Responsible consumption and production goal

4

02.12.02 Responsible consumption and production - Justification for my startup

02.13.01 My startup contributes to the Climate action goal

2

02.13.02 Climate action - Justification for my startup

02.14.01 My startup contributes to the Life below water goal

2

02.14.02 Life below water - Justification for my startup

02.15.01 My startup contributes to the Life on land goal

2

02.15.02 Life on land - Justification for my startup

02.16.01 My startup contributes to the Peace Justice and Strong Institutions goal

2

02.16.02 Peace Justice and Strong Institutions- Justification for my startup

02.17.01 My startup contributes to the Partnerships for the goal

3

02.17.02 Partnerships for the goal - Justification for my startup

06.01 There are a large number of customers who already use a product/service very similar to the product/service we envision creating.

1 - Strongly Disagree

06.02 The product/service represents an entirely new type of product/service.

7 - Strongly Agree

06.03 The product/service could be described as a new technology.

7 - Strongly Agree

06.04 The product/service is an improvement on an existing product or service.

1 - Strongly Disagree

06.05 The product/service could be described as an extension of a range of products or services.

1 - Strongly Disagree

06.06 The product/service responds to a demand or need that has not been satisfied by other products/services.

7 - Strongly Agree

06.07 The product/service is a new version of an old product/service.

1 - Strongly Disagree

06.08 Justification for my startup

Mymatric AI uses an advanced artificial intelligence and machine learning. The AI is used to process student’s questions, and ML to provide accuracy in response to the questions. . Our algorithm helps the AI to tailor learning for each student. This is new technology that has not been used in the education sector. We are the first to move in the market.

06.09 Competitive Analysis

eDemystify, Matric Portal, and SA Study Guide – all rely on traditional teaching methods. Mymatric AI's unique value proposition: 1. Advanced AI technology driven 2. Personalized learning pathways 3. Real-time feedback and efficiency  4. Scalability.

11.05 Are you initiating actions within your community to promote the role of female entrepreneurs?