Center and excessive schoolers are each the best and most troublesome viewers. In case you’re creating a neat little online game, chances are high they’re keen to obtain it immediately. But when, just like the workforce behind Revyze, you’re engaged on a studying app, good luck pitching them.
And but, the French startup has defied the percentages and attracted a million customers during the last two years. In June, the Revyze app even reached the coveted #1 spot without spending a dime downloads in Apple’s App Retailer.
One-third of all ninth graders in France turned to Revyze for some last-minute schoolwork earlier than the nationwide center college examination. Round 2,000 content material creators have shared 40,000 movies and quizzes within the app. They’ve attracted 150 million views in complete.
All that traction has helped the startup’s fundraising pitch. On Monday Revyze introduced shut of a seed spherical of €5.5 million ($6 million at present change charges) led by Speedinvest and Moonfire.
Motier Ventures, Station F (the place the startup is presently headquartered), Supercell co-founder Illka Paananen, King co-founders Riccardo Zacconni and Sebastian Knusson, and Duolingo’s Nickey Skarstad additionally participated.
Revyze beforehand raised a €2 million pre-seed spherical (round $2.2 million) again in 2022.
Non-exam season
But it hasn’t been such a clean and straightforward trip for Revyze over within the U.S.
After we first coated the startup its pitch was easy: to construct the TikTok of schooling. Whereas there are some nice studying movies on TikTok, customers’ feeds are diluted with real-time true crime tales and, er, a bunch of the whole lot (think about this author waving his hand within the air).
In 2023, the workforce determined to launch the app within the U.S. TikTok has varied challenges available in the market, with many U.S. dad and mom having issues about content material points and native lawmakers additionally going after TikTok over nationwide safety issues. So Revyze’s positioning as a substitute — education-focused — platform might work. Not less than on paper.
“I moved to the U.S. exactly one year ago and I spent four months there,” co-founder Guillaume Perrot informed TechCrunch. “The aim was to replicate what we’d done in France, to build the company around these periods of stress and exams in the U.S., which is the SAT [the main college admissions test].”
However they discovered that doesn’t essentially result in sturdy and constant consumer progress. Perhaps there wasn’t sufficient content material or it wasn’t particular sufficient for SAT checks. “What we actually learned was that we had to rework the product before we could try and expand to the U.S.” he added.
Specifically, whereas the app labored effectively proper earlier than a aggravating examination, U.S. customers didn’t open it throughout the remainder of the yr. So that they went again to the drafting board to seek out methods to create extra constant engagement.
The Revyze workforce refined the app expertise in order that it’s not only a feed of vertical movies that push studying at people who find themselves pressured sufficient about their looming exams to spend each waking minute studying. Now, content material is curated in a method so as to dip into the app in a extra laid again method or be extra targeted. In different phrases, it now attracts inspiration from each TikTok and Duolingo.
“We’ve launched a product called capsules with the idea that we’ll try to get people to use the app every week for their tests,” Perrot stated.
Capsules are designed by Revyze’s prime content material creators round a single matter. It’s a group of movies, quizzes and abstract sheets. It really works a bit like a lesson in Duolingo. There’s a starting, a center and an finish, which implies that you get a way of feat whenever you end a capsule.
There are additionally some gamification options round capsules. “You unlock a capsule with coins that you earn by coming back every day — a bit like on Duolingo with the streak flame — and by doing quizzes every day,” co-founder Florent Sciberras informed TechCrunch.
“[Capsules] also allow top creators to monetize their content. We’ve introduced a creator monetization program for our top 5% for each universe. Let’s say you live in Michigan and you’ve taken your math exam, which is a bit Michigan-specific. You can say, ‘I know what they need, I can create the content and I’ll earn a proportion of the coins that are spent on my capsule,’” Sciberras stated.
Whereas the whole lot remains to be free, Revyze plans to monetize its app in some unspecified time in the future by including paid entry to further options, resembling customized analytics and social options, and letting customers pay to unlock content material extra shortly.
Proper now, Revyze remains to be very a lot targeted on discovering product-market match and rising its communities of customers and content material creators. The group of prime creators is surprisingly numerous. There are some, top-performing youngsters that need to give again and share data but additionally some academics who need to attain a wider viewers.
It’s significantly seen when the startup invitations its creator group to Station F. “You’ve got the tenth-grader rubbing shoulders with the 45-year-old history teacher from Agen,” Sciberras stated. “And they’re all here together with one goal in mind: helping students learn differently.”
