About Mathpresso
Mathpresso is a company based in Seoul (South Korea) founded in 2015 by Hojae Jeong, Jongheun Ray Lee, and Wonguk Jung. Mathpresso has raised $147.8 million across 7 funding rounds from investors including Google, KT and Korean Development Bank. Mathpresso operates in a competitive market with competitors including Sizzle, Desmos, Photomath, Qanda and Clevai, among others.
- Headquarter Seoul, South Korea
- Founders Hojae Jeong, Jongheun Ray Lee, Wonguk Jung
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Sectors
TechnologyEducation
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Email
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Phone
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Website
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Social
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Annual Revenue
$5.89 M (USD)1390as on Dec 31, 2022
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Net Profit
-$30.15 M (USD)-117as on Dec 31, 2022
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EBITDA
-$30.15 M (USD)-117as on Dec 31, 2022
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Total Equity Funding
$147.8 M (USD)
in 7 rounds
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Latest Funding Round
Not available
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Investors
Google
& 17 more
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Employee Count
Not available
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People of Mathpresso
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Funding Insights of Mathpresso
Mathpresso has successfully raised a total of $147.8M across 7 strategic funding rounds. 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.
Investors in Mathpresso
Mathpresso has secured backing from 18 investors, including institutional and venture fund investors. Prominent investors backing the company include Google, KT and Korean Development Bank.
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Investments in consumer tech sectors are managed by Goodwater Capital.
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Early-stage venture capital arm of SoftBank Group
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Investor details for Mathpresso
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Investments & Acquisitions by Mathpresso
Investment portfolio details for Mathpresso
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Financial Statements - Mathpresso
Detailed financials for Mathpresso
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Mathpresso Comparisons
Peer comparison for Mathpresso
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- Named peers
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Competitors of Mathpresso
Mathpresso 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 Sizzle, Desmos, Photomath, Qanda and Clevai, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
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AI-powered solutions for STEM homework problems are provided by Sizzle.
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Free online graphing calculator for math exploration is provided.
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Math problems are solved via mobile camera on educational platform.
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AI and app-based maths learning platform provider for students
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Math learning solutions are delivered via an AI-based platform.
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Detailed competitors of Mathpresso
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Latest news on Mathpresso
Complete news archive for Mathpresso
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Frequently Asked Questions about Mathpresso
Mathpresso was founded in 2015 and raised its 1st funding round 3 years after it was founded.
Mathpresso is headquartered in Seoul, South Korea.
Jongheun Ray Lee is the current CEO of Mathpresso. They have also founded this company.
Mathpresso is a funded company, having raised a total of $147.8M across 7 funding rounds to date.
Annual revenue of Mathpresso is $5.89M as on Dec 31, 2022.
Mathpresso was founded in 2015 in Seoul, South Korea, as a developer of an AI-driven platform in the education technology sector. Adaptive tools are offered to support students across academic subjects, enabling personalized learning experiences. Resources are created to improve comprehension and performance, with operations focused on content accessibility and technological integration for global users.
Mathpresso has 18 investors. Key investors include Google, KT, Korean Development Bank, YBM, and Mirae Asset Venture Investments.