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Carolyn Carpeneti, Founder & CEO
for Academics
I’m applying for
college, but I can’t
find my backpack!
25% don’t make it past their
Freshman year of College.
We’re on a mission to change that.
It starts in High School.
CONFIDENTIAL
Carolyn Carpeneti
Founder & CEO
Advisor & Recruiter to PE-backed start-
ups, Founder CA’s largest women’s conf.
Jack O’Connell
Former CA State Superintendent of
Public Instruction, UC Board of Regents
Team Investors and Advisors
Kate Purmal
Co-Founder & COO
Former SVP SanDisk, CEO U3,
founding team Palm Inc.
Chandra Ambadipudi
Acting VPE
Former VPE, Apollo Education (F100)
Diane Provo, M.S. Ed
Provo & Associates
Expert on education and learning
Rob Wrubel
Former Chief Innovation Officer, Apollo
Education, Former CEO Ask Jeeves
`
Dr. Satish Menon
CTO Shutterfly, Former CTO Apollo
Education, VP Consumer Yahoo
TEAM
Stewart Alsop
Partner, Alsop Louie Partners
Venture Capitalist
In High School
• Shows up as procrastination, overwhelm
• Trouble juggling academics, sports, social
life and work
• Added pressure of college test prep,
college applications, essays, etc.
In College
• External support of family and home
disappears
• Large blocks of unstructured time
• Less academic structure – large, long-term
assignments, fewer tests and exams
THE PROBLEM
Executive Function does not fully develop until between 18-26
CONFIDENTIAL
Constraint-driven backward scheduling system
• Personalized based on
learning style,
extracurricular, study and
social preferences
• Notifications to students
and parents or coaches
• Mobile swipe ensures
nothing falls through the
cracks
PHASE 1: COACHING PLATFORM
(Currently in Beta)
CONFIDENTIAL
COPILOT BETA RESULTS
52%39%
9%
91% Reported Being More Prepared
Significantly Better
Better
Neutral
54%32%
14%
88% Reported Better On-time
Completion
Significantly Better
Better
Neutral
Yes
91%
No
5%
Not Sure
4%
91% would use CoPilot again
Active
59%
Moderate
12%
Low or No Use
29%
CoPilot Beta Test Usage
CONFIDENTIAL
COPILOT BETA RESULTS
35%
52%
13%
87% Reported Improved Grades
Significantly Better
Better
Neutral
30%
61%
9%
91% Reported Improved
Qulaity of Work
Significantly Better
Better
Neutral
22%
35%
35%
8%
57% Reported Less School-related
Stress
Significantly Less Stress
Less Stress
Neutral
Worse
17%
61%
22%
78% Reported More Time Studying
Significantly more
More
Neutral
PHASE 2: STANDALONE PRODUCT
(Fall 2016)
• Goals, points, competition
• Virtual study groups, social
• Incentives (offers) from parents,
partners and coaches
CONFIDENTIAL
Killer Mobile UX with Social, Gamification and Marketplace
CONFIDENTIAL
PHASE 3: DATA & INSIGHTS
• Predictive analytics flag at-risk
students before mid-term exams
• Clustering and segmentation for
personalized recommendations
• Collaborative filtering matches
matching peers, coaches, tutors
Early warning and recommendations
through student behavior data signals
CONFIDENTIAL
2014 MAY • Inception of CoPilot Systems Inc.
SEP • $500k+ family/friends raise
JAN • Installed College Coaching Platform at 5 beta sites
AUG • Beta test High School
JAN • Continue beta testing High School
APR • Book launch & national media tour
AUG • Launch Standalone Product: High School & College
FALL • Community College Product
TIMELINE
201520162017
CONFIDENTIAL
PRICING MODEL
• $99.95 / year incl. dashboard for parent, coach
• $29.95 / year standalone (no coach dashboard)
• $1,500 - $2,500 private coaching / semester, $175/hour
High Schools and Colleges
• $25-80 /student / year
• Administrative dashboard,
reporting, early alerts
Private Coaches and Tutors
• $150 / semester per student
• Multi-student dashboard, reporting
and alerts
Consumer Product for
High School and College Students
CONFIDENTIAL
THE NUMBERS
Revenue 2015 2016 2017 2018
Students
CoPilot w/Parent or Coach (80%) $99 0 17,000 42,500 170,000
CoPilot Standalone (20%) $29 0 3,000 7,500 30,000
Premium Coaching $3,000 50 200 200 200
Individual Coaches $300 100 250 1,000 1,500
Institutions $39 3,000 9,000 15,000
Revenue 0 90,000 2,443,000 5,024,500 18,760,000
Expenses
1.4 2.0
Staffing 0 166,254 1,150,029 1,610,041 3,220,081
Research & Development 233,741 230,130 657,680 920,752 1,841,504
General & Administrative 23,963 54,350 173,100 242,340 484,680
Sales & Marketing 24,586 141,500 760,000 1,000,000 2,000,000
Total Expenses 282,290 592,234 2,740,809 3,773,133 7,546,265
Net Income -282,290 -502,234 -297,809 1,251,367 11,213,735
Ave Monthly Burn $40,327 $49,353 $228,401 $314,428 $628,855
Number of Employees 3 10
R&D Employees 1 5
# Outsourced Engineers (Est) 6 7
# Contract Coaches 6 0
Cashflow Break-Even 2017
CONFIDENTIAL
OPPORTUNITY SUMMARY
Experienced Team of Seasoned Executives
Huge Revenue Opportunity
$19 mm recurring revenue by 2018
• 14.7 mm high school + 17.7 mm
college students
• 11,000 college test prep centers in US
• $4.5B college readiness market
• We expect 80% YOY customer
retention over 4+ years
Proven Technology Platform
• Successful Beta completed
• 90% feature complete back-end
• Future investment in mobile, UX,
social, gamification, marketplace
Addendum
TECHNOLOGY:
Decision Support System for academic success
CONFIDENTIAL
ACADEMIC COACHING
BOOSTS GRADUATION RATE
But academic coaching is costly, labor intensive, and doesn’t scale effectively.
2011 Stanford study results
Coached vs Non-coached

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Co pilot pitch deck short 6 15-15

  • 2. for Academics I’m applying for college, but I can’t find my backpack! 25% don’t make it past their Freshman year of College. We’re on a mission to change that. It starts in High School.
  • 3. CONFIDENTIAL Carolyn Carpeneti Founder & CEO Advisor & Recruiter to PE-backed start- ups, Founder CA’s largest women’s conf. Jack O’Connell Former CA State Superintendent of Public Instruction, UC Board of Regents Team Investors and Advisors Kate Purmal Co-Founder & COO Former SVP SanDisk, CEO U3, founding team Palm Inc. Chandra Ambadipudi Acting VPE Former VPE, Apollo Education (F100) Diane Provo, M.S. Ed Provo & Associates Expert on education and learning Rob Wrubel Former Chief Innovation Officer, Apollo Education, Former CEO Ask Jeeves ` Dr. Satish Menon CTO Shutterfly, Former CTO Apollo Education, VP Consumer Yahoo TEAM Stewart Alsop Partner, Alsop Louie Partners Venture Capitalist
  • 4. In High School • Shows up as procrastination, overwhelm • Trouble juggling academics, sports, social life and work • Added pressure of college test prep, college applications, essays, etc. In College • External support of family and home disappears • Large blocks of unstructured time • Less academic structure – large, long-term assignments, fewer tests and exams THE PROBLEM Executive Function does not fully develop until between 18-26
  • 5. CONFIDENTIAL Constraint-driven backward scheduling system • Personalized based on learning style, extracurricular, study and social preferences • Notifications to students and parents or coaches • Mobile swipe ensures nothing falls through the cracks PHASE 1: COACHING PLATFORM (Currently in Beta)
  • 6. CONFIDENTIAL COPILOT BETA RESULTS 52%39% 9% 91% Reported Being More Prepared Significantly Better Better Neutral 54%32% 14% 88% Reported Better On-time Completion Significantly Better Better Neutral Yes 91% No 5% Not Sure 4% 91% would use CoPilot again Active 59% Moderate 12% Low or No Use 29% CoPilot Beta Test Usage
  • 7. CONFIDENTIAL COPILOT BETA RESULTS 35% 52% 13% 87% Reported Improved Grades Significantly Better Better Neutral 30% 61% 9% 91% Reported Improved Qulaity of Work Significantly Better Better Neutral 22% 35% 35% 8% 57% Reported Less School-related Stress Significantly Less Stress Less Stress Neutral Worse 17% 61% 22% 78% Reported More Time Studying Significantly more More Neutral
  • 8. PHASE 2: STANDALONE PRODUCT (Fall 2016) • Goals, points, competition • Virtual study groups, social • Incentives (offers) from parents, partners and coaches CONFIDENTIAL Killer Mobile UX with Social, Gamification and Marketplace
  • 9. CONFIDENTIAL PHASE 3: DATA & INSIGHTS • Predictive analytics flag at-risk students before mid-term exams • Clustering and segmentation for personalized recommendations • Collaborative filtering matches matching peers, coaches, tutors Early warning and recommendations through student behavior data signals
  • 10. CONFIDENTIAL 2014 MAY • Inception of CoPilot Systems Inc. SEP • $500k+ family/friends raise JAN • Installed College Coaching Platform at 5 beta sites AUG • Beta test High School JAN • Continue beta testing High School APR • Book launch & national media tour AUG • Launch Standalone Product: High School & College FALL • Community College Product TIMELINE 201520162017
  • 11. CONFIDENTIAL PRICING MODEL • $99.95 / year incl. dashboard for parent, coach • $29.95 / year standalone (no coach dashboard) • $1,500 - $2,500 private coaching / semester, $175/hour High Schools and Colleges • $25-80 /student / year • Administrative dashboard, reporting, early alerts Private Coaches and Tutors • $150 / semester per student • Multi-student dashboard, reporting and alerts Consumer Product for High School and College Students
  • 12. CONFIDENTIAL THE NUMBERS Revenue 2015 2016 2017 2018 Students CoPilot w/Parent or Coach (80%) $99 0 17,000 42,500 170,000 CoPilot Standalone (20%) $29 0 3,000 7,500 30,000 Premium Coaching $3,000 50 200 200 200 Individual Coaches $300 100 250 1,000 1,500 Institutions $39 3,000 9,000 15,000 Revenue 0 90,000 2,443,000 5,024,500 18,760,000 Expenses 1.4 2.0 Staffing 0 166,254 1,150,029 1,610,041 3,220,081 Research & Development 233,741 230,130 657,680 920,752 1,841,504 General & Administrative 23,963 54,350 173,100 242,340 484,680 Sales & Marketing 24,586 141,500 760,000 1,000,000 2,000,000 Total Expenses 282,290 592,234 2,740,809 3,773,133 7,546,265 Net Income -282,290 -502,234 -297,809 1,251,367 11,213,735 Ave Monthly Burn $40,327 $49,353 $228,401 $314,428 $628,855 Number of Employees 3 10 R&D Employees 1 5 # Outsourced Engineers (Est) 6 7 # Contract Coaches 6 0 Cashflow Break-Even 2017
  • 13. CONFIDENTIAL OPPORTUNITY SUMMARY Experienced Team of Seasoned Executives Huge Revenue Opportunity $19 mm recurring revenue by 2018 • 14.7 mm high school + 17.7 mm college students • 11,000 college test prep centers in US • $4.5B college readiness market • We expect 80% YOY customer retention over 4+ years Proven Technology Platform • Successful Beta completed • 90% feature complete back-end • Future investment in mobile, UX, social, gamification, marketplace
  • 15. TECHNOLOGY: Decision Support System for academic success
  • 16. CONFIDENTIAL ACADEMIC COACHING BOOSTS GRADUATION RATE But academic coaching is costly, labor intensive, and doesn’t scale effectively. 2011 Stanford study results Coached vs Non-coached