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B-Hyve

AI based peer learning at workplace

Russia, Moscow region
Market: Internet and IT, Artificial Intelligence
Stage of the project: Prototype or product is ready

Date of last change: 05.03.2020
Min investment
$  25.000
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Total required
$ 20.000
Rating
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Idea

B-Hyve is a mobile and web application which is designed to create peer learning and gamified knowledge sharing at workplace. With use of machine learning , we are able to develop hyper personalised learning experiences for employees and derive unique analytics on their learning behavior

Current Status

Currently completed the development of Prototype and in the early business development phase. Working closely with early adopters.

Market

The global market is 74 Billion USD for learning and development solutions for organisations and is growing at approximately 14% per annum.

Problem or Opportunity

Peer learning is one of the most superior ways for employees to learn at a workplace. Unfortunately, there are no formal systems in place to promote peer learning or knowledge sharing at workplace.
Most organisational wisdom of the organisation goes undocumented and there is a risk of duplication of work. By creating peer learning experiences, this can be avoided and employee engagement can be enhanced.

Solution (product or service)

B-Hyve is a mobile and web based application which helps organisation peer to peer learning between their employees. The technology helps create :
- Employee Skill Cards
- Recommended Organisational Wisdm
- Recommended Employees to learn from
- Employee engagement analytics
- Quick help from peers
- Gamified experiences to promote knowledge sharing
- Analytics on employee learning behavior

Competitors

The direct competitors :
- Starmind.ai
- Docebo
- Bloomfire

Advantages or differentiators

3 major differentiators :
- Unique recommendation engine
-

Finance

Currently, B-Hyve is bootstrapped by the contributions by its co-founders.

Business model

We charge organisations per employee per month. The introductory price for organisations is as follows :

0 to 250 Employees : 5$ USD / Per employee/ per month
250 to 1000 Employees : 3 USD / Per employee / per month
1000 - 2500 Employees : 2 USD/ per employee / per month
2500 + Employees : 1 USD/ Per employee / per month

Money will be spent on

Technology 30%
Customer Management 30%
Sales & business development : 30%
miscellanous : 10 %

Offer for investor

Raising 200k USD for 25%

Team or Management

Incubation/Acceleration programs accomplishment

Part of HSE business Incubator
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Idea
Current Status
Market
Problem or Opportunity
Solution (product or service)
Competitors
Advantages or differentiators
Finance
Invested in previous rounds, $
Business model
Money will be spent on
Offer for investor
Team or Management
Mentors & Advisors
Lead investor
Risks
Incubation/Acceleration programs accomplishment
Won the competition and other awards
Invention/Patent
Photos
Product Video