Dr. Amit Savkar
City/Town where Organization Located
Company/organization description (<500 characters)
Savkar, Inc. provides an educational SaaS platform called Stemify with the goal of empowering student success in STEM through adaptive instruction, assessment, and analytics. Stemify assesses the gaps in students' knowledge on foundational concepts and uses hierarchical concept maps and modern psychometric techniques to produce a personalized study pathway of interactive video instruction and assessment to address those gaps and help the student build a strong foundation for STEM success
Tell us about the milestones your venture accomplished in 2019, eg., key team members added, revenue level achieved, major sales made or endorsements received, successful exit, etc... (<500 characters)
In 2019 Savkar, Inc. developed the MVP version of Stemify, successfully raised $200k from a friends & family convertible note round, established a strong sales pipeline representing $2.8 million ACV, began the process of signing up beta customers, and qualified as one of the ASU GSV Elite 200 companies to present at San Diego summit in March 2020.
Stage: Does your venture generate revenue? YES or NO
What CT entrepreneur ecosystem resources (spaces, programs, events, schools, etc.) have helped you succeed? (<500 characters)
UConn Accelerate, CCEI summer Fellowship, TIP
What people are saying about Savkar ...
Savkar Inc is creating an enterprise software platform for the delivery of (1) placement and diagnostic exams, (2) personalized, interactive online instruction-as-a-service, and (3) predictive performance analytics to inform teachers and students. Ryan Keating