About Cuemath
Cuemath is a company based in Bengaluru (India) founded in 2013 by Jagjit Khurma and Manan Khurma.. Cuemath has raised $126.5 million across 10 funding rounds from investors including Kae Capital, Peak XV Partners and LGT Group. The company has 438 employees as of December 13, 2024. Cuemath offers products and services including Math Tutoring Program, Coding Classes, and SAT Preparation. Cuemath operates in a competitive market with competitors including Vedantu, GoStudent, Ruangguru, Varsity Tutors and Filo, among others.
- Headquarter Bengaluru, India
- Employees 438 as on 13 Dec, 2024
- Founders Jagjit Khurma, Manan Khurma
- Stage Minicorn
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Sectors
Education
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Email
***********
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Phone
*********
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Website
*********
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Social
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- Legal Name Cue Learn Private Limited
- Date of Incorporation 10 Jun, 2011
- Jurisdiction New Delhi, Delhi, India
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Annual Revenue
$15.41 M (USD)4.62as on Mar 31, 2024
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Net Profit
$-15.71 M (USD)42.7as on Mar 31, 2024
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EBITDA
$-14.53 M (USD)47.63as on Mar 31, 2024
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Total Equity Funding
$126.5 M (USD)
in 10 rounds
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Latest Funding Round
$57 M (USD), Series D
Jun 01, 2022
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Investors
Kae Capital
& 12 more
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Employee Count
438
as on Dec 13, 2024
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Products & Services of Cuemath
Cuemath offers a comprehensive portfolio of products and services, including Math Tutoring Program, Coding Classes, and SAT Preparation. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Personalized 1:1 math classes for building skills and confidence.
Interactive coding courses for children to develop programming skills.
Online sessions for SAT math and science exam readiness.
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Funding Insights of Cuemath
Cuemath has successfully raised a total of $126.5M across 10 strategic funding rounds. The most recent funding activity was a Series D round of $57 million completed in June 2022. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 10
- Last Round Series D — $57.0M
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First Round
First Round
(29 Dec 2014)
- Investors Count 13
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jun, 2022 | Amount | Series D - Cuemath | Valuation | Alpha Wave Global , Sequoia Capital | |
| Dec, 2020 | Amount | Series C - Cuemath | Valuation | Alpha Wave Global , LGT Group | |
| Jul, 2020 | Amount | Series B - Cuemath | Valuation | Trifecta Capital |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Cuemath
Cuemath has secured backing from 13 investors, including venture fund, institutional, and angel investors. Prominent investors backing the company include Kae Capital, Peak XV Partners and LGT Group. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Venture capital firm focused on growth-stage companies
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Founded Year | Domain | Location | |
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Growth-stage companies are invested in by CapitalG, Alphabet's independent fund.
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Founded Year | Domain | Location | |
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Early-stage ventures are targeted for investment by this VC fund.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Cuemath
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Cuemath
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Cuemath Comparisons
Competitors of Cuemath
Cuemath operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Vedantu, GoStudent, Ruangguru, Varsity Tutors and Filo, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Live interactive K-12 tutoring platform is provided online.
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| domain | founded_year | HQ Location |
Provider of online tutoring platform for K-12 students
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| domain | founded_year | HQ Location |
Self-learning solutions are delivered via an online education platform.
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| domain | founded_year | HQ Location |
Live online tutoring and test prep platform is operated.
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| domain | founded_year | HQ Location |
On-demand one-to-one tutoring is connected between students and tutors.
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| domain | founded_year | HQ Location |
Online learning programs for K-12 education are delivered.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Cuemath
Frequently Asked Questions about Cuemath
When was Cuemath founded?
Cuemath was founded in 2013 and raised its 1st funding round 1 year after it was founded.
Where is Cuemath located?
Cuemath is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
Who is the current CEO of Cuemath?
Manan Khurma is the current CEO of Cuemath. They have also founded this company.
Is Cuemath a funded company?
Cuemath is a funded company, having raised a total of $126.5M across 10 funding rounds to date. The company's 1st funding round was a Series B of $2.92M, raised on Dec 29, 2014.
How many employees does Cuemath have?
As of Dec 13, 2024, the latest employee count at Cuemath is 438.
What is the annual revenue of Cuemath?
Annual revenue of Cuemath is $15.41M as on Mar 31, 2024.
What does Cuemath do?
Online platform offering live classes for school students. It offers interactive and 1-on-1 classes for students. It also provides Math tutoring solutions for KG to 6th class students. The features include workbooks, puzzle cards, tab-based math activities, personalized learning, and more. It also offers math learning resources which include JEE materials, NCERT solutions, and more. Its mobile app is available for Android devices.
What products or services does Cuemath offer?
Cuemath offers Math Tutoring Program, Coding Classes, and SAT Preparation.
Who are Cuemath's investors?
Cuemath has 13 investors. Key investors include Kae Capital, Peak XV Partners, LGT Group, Lightrock, and Lightrock India.
What is Cuemath's valuation?
The valuation of Cuemath is $393.55M as of Jun 2022.