World’s Most Popular Math Learning App Photomath Secures $ 23 Million Series B Funding

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“Many parents are unable to help their children with math and the pandemic has highlighted the difficulties students and parents face with distance learning. There are clear disparities between families who can afford a guardian and those who cannot, who are left behind, ”said Damir sabol, CEO and founder of Photomath. “Photomath transforms the way students learn and removes the problems and costs associated with digital learning and tutoring. With this latest round of funding, Photomath will continue to provide the much-needed bridge between virtual learning and access to interactive problem solving to help all students. “

Photomath is complementary to teacher training and distance learning and is used by millions of teachers as a tool to enhance the learning experience. Real teachers and doctors work at Photomath to develop methodologies for solving complex mathematical concepts to ensure correct answers. Photomath Plus, its premium version, includes features like animated tutorials and dynamic illustrations that go beyond traditional teaching methods by bringing every solving step to life.

“We were immediately impressed with Damir as the founder of another successful company and his deep expertise in machine learning and mobile technologies. When faced with the inability to help his sons with their math homework, he used his experience and expertise to create Photomath and solve the problem, ”said JP Sanday, partner at Menlo Ventures. “With Photomath’s mobile-centric approach, the company is well positioned to supplant the massive online tutoring market and put high-quality learning materials in the hands of students around the world. “

Photomath will use the new investment money to increase the company’s workforce, invest in AI and machine learning capabilities, and expand product development and marketing.

To learn more about Photomath and download the app, visit https://photomath.app/fr/.

About Photomath
Photomath is the world’s most used math learning app with over 220 million downloads worldwide. Photomath’s mission is to transform learning by helping every student succeed in math, using the power of AI and a smartphone. Photomath instantly scans and solves math concepts, ranging from arithmetic to calculus, and teaches how to solve math problems through step-by-step instructions and animated tutorials. Situated at San Mateo the company is funded by Cherubic Ventures, Goodwater Capital, GSV Ventures, Menlo Ventures and Learn Capital.

Media contact:
Catherine kelly
Kelly Communications
[email protected]

SOURCE Photomath

Related links

www.photomath.net

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