About Mathsoft
Mathsoft is an Education company based in Needham (United States) founded in 1984, and was acquired by PTC in April 2006. Technical calculations and applied mathematics are enabled through SaaS tools. Mathsoft has raised $3 million across 1 funding round from investors including PTC and Edison Partners. Its focus areas include EdTech, Higher Education Tech, B2C Learning Solutions and Learning Resources. Its competitors include Course Hero, Numerade and Outsmart Education; 3 of its 3 listed competitors have raised funding.
Company details
Mathsoft, renamed as Insightful, develops custom math programs for businesses and institutions. Also has a data analysis package on the programs used. Products include Mathcad Calculation Server, an enterprise server for sharing technical calculations, Calculation Management Suite for creating and centrally managing the engineering methods which lets engineers design and document their work simultaneously. Acquired by PTC in 2006.
- Headquarters Needham, United States
- Stage Acquired
- SectorsEducation
- Website mathsoft.com
- Social LinkedIn
- Acquired by PTC (Apr 2006)
Funding Insights of Mathsoft
Mathsoft has successfully raised a total of $3M through 1 strategic funding round. The most recent funding activity was a Series A round of $3 million completed in March 2005. 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 $3M
- Total Rounds 1
- Last Round Series A — $3M
- First Round $3M
(Mar 2005)
- Investors Count 1
All 1 funding rounds of Mathsoft with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Mar 2005 | $3M | Series A | – | – |
2 investors in total: 2 institutional.
Investors in Mathsoft
Mathsoft has secured backing from 2 investors, including venture fund and institutional investors. Prominent investors backing the company include PTC and Edison Partners.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Provider of a growth equity firm for adaptive and personalized plans | edisonpartners.com | Princeton, United States | ||
PTC is recognized as a global leader in product lifecycle management software. | 1985 | ptc.com | Boston, United States |
Investor details for Mathsoft
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
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Verified entity values are shown only after access is granted.
Timeline of Mathsoft
3 dated milestones of Mathsoft across 22 years, from founding to its latest funding, stage changes and deals.
- Founded Mathsoft is founded.
- Funding First funding round of $3.0M.
- Exit Acquired by PTC.
Competitors of Mathsoft
Mathsoft has 3 listed competitors in our database, 3 of them funded. They include Course Hero, Numerade and Outsmart Education.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| coursehero.com | 2006 | Redwood, United States | $477.54M | 243 | Online learning resources are delivered via a mobile platform. | |
| numerade.com | 2017 | Los Angeles, United States | $26M | 36 | Provider of study assistance platform for students | |
| outsmartcollege.com | 2024 | New York, United States | $36.37M | Online learning platform for higher education students |
Detailed competitors of Mathsoft
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
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Web traffic of Mathsoft
Websites that share an audience with Mathsoft (mathsoft.com).
Websites whose visitors overlap most with Mathsoft. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
mathcad.adeptscience.co.uk | mathcad.adeptscience.co.uk | 100% | – | ||
r-project.org | r-project.org | 82% | #30,555 | – | |
| planetmath.org | 82% | #263,582 | View details | ||
forum.swarthmore.edu | forum.swarthmore.edu | 82% | – | ||
math.upenn.edu | math.upenn.edu | 82% | – | ||
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 7 similar websites and full traffic analytics for Mathsoft
The complete similar-websites list, audience overlap and engagement analytics require an active premium plan.
- 7 similar websites
- Audience overlap
- Engagement analytics
- Traffic by brand
Verified entity values are shown only after access is granted.
Top companies in Education Technology Platforms
3 companies that operate in the same segment as Mathsoft (Education Technology Platforms) in United States, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Developer of a platform providing gamified language learning through interactive exercises | 2011 | Pittsburgh, Pennsylvania, United States | USD 183.3 M | USD 748.02 M | 900 | |
Cloud-based software for K-12 education is provided. | 1997 | Folsom, California, United States | USD 32 M | USD 59.7 M | 3,283 | |
Online platform for preschool management and parent updates is offered. | 2014 | San Francisco, California, United States | USD 88.8 M |
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Frequently Asked Questions about Mathsoft
Mathsoft was founded in 1984 and raised its 1st funding round 21 years after it was founded.
Mathsoft is headquartered in Needham, United States. It is registered at Needham, Massachusetts, United States.
Mathsoft is a funded company, having raised a total of $3M across 1 funding round to date. The company's 1st funding round was a Series A of $3M, raised on Mar 2005.
Mathsoft, renamed as Insightful, develops custom math programs for businesses and institutions. Also has a data analysis package on the programs used. Products include Mathcad Calculation Server, an enterprise server for sharing technical calculations, Calculation Management Suite for creating and centrally managing the engineering methods which lets engineers design and document their work simultaneously. Acquired by PTC in 2006.
Mathsoft's top competitors include Course Hero, Numerade and Outsmart Education.
Mathsoft has 2 investors. Key investors include PTC, and Edison Partners.
Yes. Mathsoft was acquired by PTC in April 2006.