WeAdmit

How We Created A $50,000/Month Platform To Give Better College Counseling

October 12th, 2019
Pradeep Gaddam
Founder, WeAdmit
$50K
revenue/mo
2
Founders
1
Employees
WeAdmit
from San Jose, California, USA
started October 2017
$50,000
revenue/mo
2
Founders
1
Employees
market size
$1.9B
avg revenue (monthly)
$53.7K
starting costs
$11.7K
gross margin
90%
time to build
210 days
growth channels
Organic social media
business model
subscription
best tools
Google Big Query, Mode, Customer.io
time investment
Full time
pros & cons
39 Pros & Cons
tips
2 Tips
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Hello! Who are you and what business did you start?

My name is Pradeep. I am the Cofounder and CTO at ConnecPath. We are an EdTech company democratizing college counseling. Our flagship product is called WeAdmit. In the frontend, WeAdmit is an end to end data science-backed college counseling for parents and students. Whereas in the backend it is a platform for all underserved college counselors and college students who are also excellent mentors.

WeAdmit acquires prospective college students and delivers results based on college counseling through the experts on our platform. We also manage the quality of the counseling and also take charge of the entire project management and results for families.

We are currently at a $50,000 per month run rate and we expect to scale that number significantly in the next couple of years. We launched the full version of our product in May. We so far have acquired 20 paid contracts and 10 about to be signed. We hope to close this year at 70 paid contracts. We have also initiated enterprise sales and are actively pursuing a few school districts. We matched these students with 6 counselors and 3 financial aid experts so...

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