Unith have opportunities in the education field as shown in the recently announced discussions to support Professors with their workload and the initiatives to provide HIV information in Europe.
You may also remember the use cases for onboarding that were presented and might consider whether there is a case to put forward for the onboarding of University students.
Whilst a small business of 1000 employees may only onboard 100 new staff per year, educational institutes would start 1000's of students per year and it is a significant workload that perhaps could be automated to an extent.
I don't think that Unith have the resources to handle all these opportunities, but what is likely to happen is approved consultants become the intermediary between Unith and the customer and the consultants will do the selling and implementation. Then things begin to scale.
But let's look at Praktika, who have an ai language learning app. and just raised $35M to use AI avatars to make learning languages feel more natural.
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Praktika claims to have 1.2 million active monthly users across 100 countries and said it generated revenue of almost $20 million in the last 12 months. To keep growing, the startup has now secured a $35.5 million Series A funding round led by Blossom Capital. The round follows a previously unannounced $2.5 million seed fundraise that was led by Creator Ventures and Blue Wire Capital. "
Read the article hereIf the avatars look as bad as on the website then they are going to need all that money to make them look good, or they could save themselves some cash and just licence the more professional Unith digital human.
Anyway the Practika app retails for $8/mo and you can check the
website here and see what you think. I think they look the same quality as those provided by Union Avatars, who we are already connected with.
Even so, $20M annual revenue is not bad and I almost wonder whether Track Concepts could achieve this sort of performance.
