About MathFlat
MathFlat is a company based in Seoul (South Korea) founded in 2016. It operates as a SaaS (Software-as-a-Service), Subscription Services, and EduTech. MathFlat has raised $10.93 million across 2 funding rounds from investors including KB Securities, DSC Investment and Smile Gate Investment. MathFlat offers products and services including MathFlat Premium, MathFlat Printing, and MathFlat Signature Textbooks. MathFlat operates in a competitive market with competitors including DreamBox, Amplify, EVERFI, Numerade and Carnegie Learning, among others.
- Headquarter Seoul, South Korea
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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 Freewheelin Co., Ltd.
- Jurisdiction Na, Maharashtra, India
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$10.93 M (USD)
in 2 rounds
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Latest Funding Round
$5.37 M (USD), Series B
Jul 06, 2023
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Investors
KB Securities
& 4 more
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Employee Count
Employee Count
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Products & Services of MathFlat
MathFlat offers a comprehensive portfolio of products and services, including MathFlat Premium, MathFlat Printing, and MathFlat Signature Textbooks.
A smart math problem bank for teachers' efficiency.
Custom math textbooks created at affordable printing costs.
Customizable signature textbooks tailored for specific academy needs.
Funding Insights of MathFlat
MathFlat has successfully raised a total of $10.93M across 2 strategic funding rounds. The most recent funding activity was a Series B round of $5.37 million completed in July 2023. 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 2
- Last Round Series B — $5.4M
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First Round
First Round
(01 Feb 2021)
- Investors Count 5
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2023 | Amount | Series B - MathFlat | Valuation | Smile Gate Investment | |
| Feb, 2021 | Amount | Series A - MathFlat | Valuation | DSC Investment , Altos Ventures Management |
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Investors in MathFlat
MathFlat has secured backing from 5 investors, including venture fund and institutional investors. Prominent investors backing the company include KB Securities, DSC Investment and Smile Gate Investment.
| Investor | Description | Founded Year | Domain | Location |
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Private equity investment firm focused on buyouts
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Founded Year | Domain | Location | |
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Investments are directed by WOORI Venture Partners into diverse sectors.
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Founded Year | Domain | Location | |
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Early-stage companies are funded by this venture capital firm.
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Founded Year | Domain | Location |
Investments & Acquisitions by MathFlat
Financial Statements - MathFlat
Mathflat Comparisons
Competitors of MathFlat
MathFlat 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 DreamBox, Amplify, EVERFI, Numerade and Carnegie Learning, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
An online interactive math learning platform for children is provided.
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| domain | founded_year | HQ Location |
High-quality K-12 curriculum and assessments are provided by Amplify.
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| domain | founded_year | HQ Location |
Online courses for workplace, higher, and school education are offered.
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| domain | founded_year | HQ Location |
Provider of study assistance platform for students
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| domain | founded_year | HQ Location |
Maths learning resources and curricula are provided for students.
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| domain | founded_year | HQ Location |
Personalized instruction in core subjects is delivered via subscriptions.
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Latest news on Mathflat
Frequently Asked Questions about MathFlat
MathFlat was founded in 2016 and raised its 1st funding round 5 years after it was founded.
MathFlat is headquartered in Seoul, South Korea.
Giseong Kwon is the current CEO of MathFlat.
MathFlat is a funded company, having raised a total of $10.93M across 2 funding rounds to date. The company's 1st funding round was a Series A of $5.56M, raised on Feb 01, 2021.
MathFlat is operated as a smart math problem bank designed for teachers in South Korea. It is utilized to enhance classroom efficiency through features like worksheet creation, textbook integration, error management, and learning data analysis. Solutions are provided in the education sector, focusing on digital learning platforms for math education. Various tools and customizable materials are offered to support teachers and students in achieving better learning outcomes.
MathFlat offers MathFlat Premium, MathFlat Printing, and MathFlat Signature Textbooks.
MathFlat has 5 investors. Key investors include KB Securities, DSC Investment, Smile Gate Investment, WOORI Venture Partners, and Altos Ventures Management.