College students struggling with classes can face an uphill battle finding a reasonably priced tutor with up-to-date skills. But now a South Tampa-based tutoring service helps them connect to peers who have recently aced the very class they need help with.
“We’re completely peer to peer and we’re extremely course specific. It’s more relevant,” says Knack CEO Samyr Qureshi.
Knack, which originally launched its product in Gainesville in 2016, is gaining traction. It was chosen by the San Francisco-based Kairos Society, a group that finds promising entrepreneurs and connects them with potential funders and industry leaders, as one of 50 to attend a Global Summit in April in New York City.
The event was “probably one of the highlights of my year,” Qureshi remarked later. It signaled “Knack is a company that can truly make an impact on a global scale,” says Qureshi, who grew up in Palm Harbor after migrating from Dubai with his family.
Knack -- co-founded by Qureshi, Dennis Hansen, David Stoker and Shawn Doyle -- has joined the Kairos Society as a K50 Company and is discussing funding prospects. It was featured in Inc. Magazine’s article about the summit entitled “Meet 50 Young Entrepreneurs Rethinking the World's Biggest Problems.”
Knack got its start in a University of Florida incubator, then claimed the $25,000 grand prize in the 2016 Big Idea Gator Business Plan Competition upon graduation.
“We’ve been really focused on helping college students afford this service,” Qureshi says. “Ultimately we want to partner with organizations that can help us make that happen.
It already is working with the National Action Council for Minorities in Engineering, a nonprofit that sets aside a portion of scholarships to subsidize Knack tutoring. It also is partnering with UF Housing and Residence Education and UCF Student Government Association.
Through Knack apps for Apple and Android phones, students connect with some 900 tutors, for some 2,000 courses, most of them at the undergraduate level. A web app is in development. Students schedule a meeting, usually on campus, and pay with their debit card after a timed session.
Knack currently operates on six campuses including UF, the University of Central Florida in Orlando, Florida State University in Tallahassee, the University of South Florida in Tampa, North Carolina State University in Raleigh and the University of North Carolina in Chapel Hill.
It has completed more than 25,000 tutoring hours and grown 143 percent, semester after semester, in revenue and completed sessions, Qureshi says.
Knack’s ultimate goals are to improve learning, help students finish college and provide flexible employment. Tutors set their own rates -- the current average is $22 -- and are paid at the end of the session. Knack keeps 20 percent of the fee.
Prospective tutors can sign up on the Knack website. The company also invites others to “Join the Knack Pack.” It is seeking a Full Stack Developer and Campus Ambassadors to help the company “knacktivate campuses across the nation,” the website says.
With some 80 percent of the tutoring market focused on kindergarten through 12th graders, “in college there’s a bit of a gap,” says Qureshi, who earned a BA in Law and Criminology.
It’s a gap Knack is working to fill, with help from Tampa Bay WaVE and the growing Tampa Bay tech community. “Knack is a Launch company in the WaVE program,” says Daniel McDonald, Accelerator Manager, Tampa Bay WaVE. “We have been helping Knack accelerate a lot with pitch coaching, community building and setting them up with local investors.”