Mathpresso, Indonesia'S No.1 Learning App Qanda, Secures $50 Million In Series C Funding

Jul 01, 2021•about 4 years ago

Amount Raised

$50 Million

Round Type

series c

Seoul

Description

Seoul-based edtech startup Mathpresso announced today that it has raised $50 million in a Series C funding round last week, which puts the company's total funding at $105 million, according to CFO Soo Nahm.

Company Information

Company

Mathpresso

Location

Seoul, Seoul, South Korea

About

With the mission to provide the most effective education for all, 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. Recognized for its technological advances, Mathpresso was selected as GSV Edtech 150, national representative of Google AI for Social Good APAC event in 2018, and guest speaker at AWS Public Sector Summit ASEAN in 2019. Since 2015, Mathpresso has raised $105 million in total from investors including SoftBank Ventures Asia, Legend Capital, Mirae Asset Investment, GGV, and Goodwater Capital. Headquartered in Seoul, Mathpresso has offices in Tokyo, Hanoi, Jakarta, and Bangkok.

Funding Insights

Based on industry data

Tech investment trends

83% of B2B companies plan digital investments, with 79% prioritizing customer experience tech

Mathpresso, Indonesia'S No.1 Learning App Qanda, Secures $50 Million In Series C Funding

Description

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Funding Insights

Company Information