Mathpresso

Mathpresso is an edtech startup running an educational platform called “Qanda”, where students can upload pictures of math problems when they need help and mobile tutors send them solutions.

Mathpresso aims to create a platform for personalized education by collecting big data through Qanda and providing content that is tailored for each student.

Mathpresso was founded in 2015 by Ray Lee and Jake Lee. The company is headquartered in Seoul, Seoul, South Korea.

 

Mathpresso develops the world's leading learning platform, QANDA, an AI-based learning app that allows students of all levels to receive instant answers and customized learning sources.

 

Mathpresso's QANDA recognizes text and mathematical formulas in a photo with optical character recognition (OCR) technology. Supported by over 2.4 billion solution data and a self-developed search engine, QANDA provides solutions to a student's question with high accuracy.

 

QANDA has over 9.8 million monthly active users in over 50 countries. The app currently offers 7 languages – Korean, English, Spanish, Japanese, Vietnamese, Indonesian, and Thai.

 

Mathpresso is backed by SoftBank Ventures Asia, Legend Capital, Mirae Asset Investment, GGV, Goodwater Capital, and others. The company raised $50M in Series C round on Jun 29, 2021. This brings Mathpresso's total funding to $104.7M to date.

 

 

  • Year founded: 2015
  • Funding Info: $104.7M over 5 Rounds (Latest Funding Type: Series C)
  • Yearly Revenue: NA
  • Employee Size: 51-200
  • Business Valuation: NA
  • City/Town: Seoul
  • State: Seoul
  • Country: South Korea
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