Everything Chad Wilson said on any show that made the record, most notable first. Each card names its show and opens the statement there.
Wilson: Immersion Ed will hit $4.5M ARR by end of 2025
“So, we're raising a 1.5 million dollar pre-seed round to reach 4.5 million in annualized recurring revenue by the end of 2025.”
Chad Wilson: Building-level school discretionary sales close within a week
“Right now, the money's coming from discretionary budget that is school building level. And so these processes are much faster than the traditional school sales cycle. They're frequently done within a week.”
Wilson: 94% of surveyed schools want Immersion Ed's games
“Since launching, we've surveyed thousands of schools and found that 94% want to use our games.”
Wilson: Pilot students found Immersion Ed 40% more engaging than coursework
“From that group, we selected 50 for our pilot program this past school year, and participating students showed that they viewed our games as 40% more engaging than their traditional coursework.”
Chad Wilson: 40% of history teachers don't use textbooks at all
“40% of history teachers don't use a textbook at all across all grades.”
Wilson: Immersion Ed expects 800 paying schools and $500K revenue by fall
“So we believe 800 will be paying customers by the end of the fall. So this is 500,000 dollars in revenue.”
Wilson: Immersion Ed's ACV will double from $1,500 to $3,000
“If I'm allowed to give a slight rebuttal, I'd say that 1500 is literally what we're expecting this fall, when they are only purchasing episodes two and three. So by the time they're actually signing on for next year, the ACV is already 3000 dollars.”
Chad Wilson: Over 4,000 Schools Signed Up for ImmersionED
“A little over 4000, and schools are still continuing to sign up every day, and so we'll see where we end up.”
Wilson: Immersion Ed launched to 35,000 schools via affiliate partner
“Best of all though, yesterday, we launched to a network of 35,000 schools through our affiliate.”
Chad Wilson: Bungie founder Alex Seropian is Immersion Ed's lead advisor
“Our whole process is guided by our lead advisor, Alex Seropian. So he's the founder of Bungie, creator of Halo. He's one of the most acclaimed game developers ever.”
Chad Wilson: Immersion Ed costs $40k and six weeks per 20-minute episode
“So right now it takes around a month and a half to build an episode currently. And so that translates to around 40,000 dollars per 20 minute episode.”
Chad Wilson
THE PITCHLEDGER