Electus Global Education Co., Inc. Company Profile

Background

Electus Global Education Co., Inc. is a Tampa, Florida-based education technology company founded in 2015. The company is dedicated to revolutionizing youth financial and entrepreneurship education through innovative, AI-powered technologies. Its mission is to empower children aged 3 to 18 with essential financial literacy, entrepreneurship, and life management skills, thereby addressing critical social and economic issues such as poverty, opportunity equality, and economic empowerment.

Key Strategic Focus

Electus Global Education Co. specializes in developing and manufacturing educational technologies that provide experiential learning in financial literacy and entrepreneurship. The company's flagship product, the Life Hub Learning System, is a home-based multimedia workstation designed to engage children in managing real monetary assets daily. This system transitions users from early childhood education to online and mobile financial management, ensuring a comprehensive learning journey.

Financials and Funding

As of March 2022, Electus Global Education Co. has raised a total of $2.5 million in funding. The company employs approximately 39 individuals and has an estimated annual revenue of $5 million.

Pipeline Development

The company's primary product, the Life Hub Learning System, includes:

Life Hub Learning Center: A multimedia system for early and middle childhood education.

Life Hub Online and Mobile App: Platforms designed for teenagers through to college students, facilitating online and mobile management of finances and business activities.

Technological Platform and Innovation

Electus Global Education Co. distinguishes itself through its proprietary technologies and innovative methodologies:

AI-Powered Learning: The Life Hub system integrates artificial intelligence and machine learning to provide personalized educational experiences.

Experiential Learning: The platform emphasizes hands-on learning by allowing children to manage real monetary assets, fostering practical financial skills.

Global Patents: The company holds patents in 42 nations, including the US, EU, Australia, New Zealand, and Canada, covering 75% of developed nations with a population of 1 billion.

Leadership Team

Patricia Kampmann: President

Jack Schoenthaler: Vice President

Kamal Moumneh: Chief Innovations Officer

Leadership Changes

In September 2020, Jodie Fisher was appointed as Chief Executive Officer to lead the company and launch its Life Hub Online platform. Fisher brought extensive experience in finance and technology, having held executive roles at IBM and other Fortune 50 companies.

Competitor Profile

Market Insights and Dynamics

The edtech industry is experiencing significant growth, driven by the increasing demand for digital learning solutions. The global edtech market is projected to reach substantial valuations, with a focus on personalized and experiential learning platforms.

Competitor Analysis

Key competitors in the edtech space include:

Rosetta Stone: Specializes in language learning solutions.

Stride: Offers K-12 online education programs.

Cambium Learning Group: Provides educational services and products for educators and students.

2U: Partners with universities to offer online degree programs.

K12: Delivers online education for K-12 students.

Adtalem Global Education: Focuses on professional education.

Edmentum: Offers online learning programs.

Pearson: A global education company providing a range of educational products and services.

Strategic Collaborations and Partnerships

Electus Global Education Co. has established several strategic partnerships to enhance its market position and innovation capacity:

KiwiTech: In September 2020, the company partnered with KiwiTech to scale its technologies and improve lives and communities.

UBITQUITY, LLC: In July 2020, Electus joined forces with UBITQUITY to combat poverty by leveraging artificial intelligence and blockchain technology.

FIS Global: In May 2024, Electus partnered with FIS Global to integrate card services into its Life Hub app, bridging childhood learning and adult responsibilities.

Operational Insights

Electus Global Education Co. differentiates itself through its unique combination of edtech and fintech solutions, focusing on experiential learning and real-world applications. The company's AI-powered Life Hub system offers a comprehensive approach to financial and entrepreneurship education, setting it apart from competitors that may focus solely on traditional educational content.