Myitaliano
Date of Foundation
2023

Myitaliano

Innovative Italian Language Learning

The Idea origin story

Develop an app for learning foreign languages through AI-assisted audio courses, focusing on instant language proficiency rather than gamification or heavy grammar. Primarily use structured sentences and daily passive listening exercises in the programs to suit people's active lifestyle. This ensures continuous progress whether commuting or multitasking, thereby boosting satisfaction and motivation to carry on learning.

The Mission

Empowering language learning through AI-powered audio courses for practical, real word communiation and passive daily listening

Clients

language learners, students, travelers, business professionals and language enthusiasts

Problems we solve

Client’s problem

our app tackles the issue of finding time for language study. Unlike gamification apps, you won't need to stop and look at your phone; learning happens passively during your daily routine with practice through AI-led basic conversation

Confirmation of problem

many people struggle to find time for consistent language study amidst their busy schedules.

Solution

our solution is an audio-based language learning app that allows passive and active engagement, accommodating diverse routines

Our technologies

This solution is based on technologies

Artificial Intelligence (AI), Machine Learning (ML), Natural Language Processing (NLP), Speech Recognition Technology, Mobile App Development.

How it works

Our app offers language selection, engaging audio lessons akin to podcasts, and interactive exercises for immersive learning.

Value for the client

my startup offers convenience, efficiency and accessibility in learning languages through AI- assisted audio courses that fit into your daily routine

Market and strategy

Market size

3696.78

mln/year

We estimate the market size for which our solution is designed in monetary terms as follows

Market share goal

2

% of the market

Is our goal in the next 3 years

Team

My name’s

Idea

My key role in the product

My key role is CEO and I'm responsible for strategic vision, motivating the team, fund raising, decision-making and company's growth.

Team size and key members

Alessia is the teacher who develops the course program and records the audio tracks. Monica COO

Competitors

Competitors

Our main competitors are Duolingo, Mondly, HelloTalk and Babbel. All require active in-app engagement from users for learning. They offer gamification or chat features requiring a daily commitment of at least 3 minutes for consolidation of knowledge.

Our Advantages

Our language lessons use podcast formats for easy, on-the-go learning. No dedicated phone time required - just passive listening. This practical approach leads to immediate speaking ability, enhancing user satisfaction.

Business model

The user will pay a fixed monthly fee. A subscription of $15

Traction

Launching our interactive Italian learning program, we faced high marketing costs and platform issues. Despite limited funding, the initial phase was vital for product improvement as we move forward. Unlocking language proficiency is within reach; refining our approach to deliver it effectively.

The startup needs to demonstrate vitality and self-sustainability, enabling the project to thrive independently.

Metrics

Product metrics measure the health, efficiency and overall growth of a product. These valuable data points include user engagement, conversion rates, customer satisfaction scores etc. They help make informed decisions for enhancing a product's market performance.

Leveraging funds from a parallel venture, I operate an offline language course outlet. The financial lifeblood of this startup circling back to the profits garnered from the initial activity.

Incorporation

Our company incorporated in

Italy

Key risks

Main risks might include competition from existing language learning apps, technological limitations of AI in achieving effective conversation training, difficulty acquiring enough users for substantial revenue, and inability to adapt the program to cover various languages accurately.

Investments

$

5000

We raised investments

Our Investors

Seeking incubator or accelerator investors for this ambitious project to collaborate and share knowledge.

Rising Investments

$

500000

Currently, we are raising investments

$

240000

Estimated pre-investment valuation of the company

We’re looking for a co-founders

I am looking of an investor

Open positions

Article

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Additional information

Driven by years of experience as language scholars, educators and travellers, we've created this app. Though funds are modest now and investments thus far minimal, our project is operational and ready for launch.

Idea