Mathsoft

Needham, United States Founded: 1984 • Age: 42 yrs Acquired By PTC
Technical calculations and applied mathematics are enabled through SaaS tools.
Annual revenue - Latest available
Total funding $3.0M 1 rounds
Employees - Tracked headcount
Investors 2 Known backers
Products - Services tracked
Competitors 10 Brand Intelligence

About Mathsoft

Mathsoft is a company based in Needham (United States) founded in 1984 was acquired by PTC in April 2006. Mathsoft has raised $3 million across 1 funding round from investors including PTC and Edison Partners. Mathsoft operates in a competitive market with competitors including Course Hero, Numerade, Passei Direto, StudySmarter and Baims, among others.

  • Headquarter Needham, United States
  • Sectors
    Education
  • Phone
    Locked
  • Website
    Locked
  • Social
    Locked
Operational Areas
Education → Education Technology (EdTech) Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    Not available
  • Net Profit
    Not available
  • EBITDA
    Not available
  • Total Equity Funding
    $3 M (USD)

    in 1 rounds

  • Latest Funding Round
    $3 M (USD), Series A

    Mar 09, 2005

  • Investors
    PTC

    & 1 more

  • Employee Count
    Not available
  • Acquired by
    PTC

    (Apr 01, 2006)

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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.

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.

All
Venture Fund
Institutional
Investor Description Founded Year Domain Location
Provider of a growth equity firm for adaptive and personalized plans
Locked Locked Locked
PTC is recognized as a global leader in product lifecycle management software.
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Investor details for Mathsoft

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  • Investor domains
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  • Participation history

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Investments & Acquisitions by Mathsoft

Investments
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Investment portfolio details for Mathsoft

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Financial Statements - Mathsoft

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Detailed financials for Mathsoft

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Mathsoft Comparisons

Mathsoft Primary company
Description
Technical calculations and applied mathematics are enabled t...
Location
Needham, United States
Founded Year
1984
Annual Revenue
Not available
Net Profit
Not available
EBITDA
Not available
Employees
Not available
Premium access

Peer comparison for Mathsoft

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Competitors of Mathsoft

Mathsoft 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 Course Hero, Numerade, Passei Direto, StudySmarter and Baims, among others.

Company Name Domain Founded year HQ Location Description
Locked Locked Locked
Online learning resources are delivered via a mobile platform.
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Provider of study assistance platform for students
Locked Locked Locked
Study materials and resources are shared among university students.
Locked Locked Locked
Mobile-based learning app for students
Locked Locked Locked
Courses on diverse topics are delivered via an online platform.
Locked Locked Locked
Online learning platform for higher education students
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Detailed competitors of Mathsoft

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Latest news on Mathsoft

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Complete news archive for Mathsoft

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  • Brand-specific news history

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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.

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 StudySmarter.

Mathsoft has 2 investors. Key investors include PTC, and Edison Partners.

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