Mathway

Center Valley, United States Founded: 2008 • Age: 18 yrs Acquired By Chegg
Math problems are solved step-by-step through web and mobile tools.
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About Mathway

Mathway is a company based in Center Valley (United States) founded in 2008 was acquired by Chegg in June 2020.. The company has 27 employees as of December 31, 2019. Mathway offers products and services including Mathway App. Mathway operates in a competitive market with competitors including Photomath, Desmos, Sizzle, Mathpresso and Qanda, among others.

  • Headquarter Center Valley, United States
  • Employees 27 as on 31 Dec, 2019
  • Sectors
    Education
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Mathway, Llc
Operational Areas
Education → Education Technology (EdTech)
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Latest Funding Round
  • Investors
  • Employee Count
    27

    as on Dec 31, 2019

  • Acquired by
    Chegg

    (Jun 04, 2020)

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Products & Services of Mathway

Mathway offers a comprehensive portfolio of products and services, including Mathway App. 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.

Primary

App solves math problems via photo input for subjects like algebra and calculus.

Funding Insights of Mathway

Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

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Investors in Mathway

Mathway has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include Chegg. 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.

All
Institutional
Investor Description Founded Year Domain Location
Rental books and homework help are provided to university students.
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by Mathway

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016

Financial Statements - Mathway

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Mathway Comparisons

Employees
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Competitors of Mathway

Mathway 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 Photomath, Desmos, Sizzle, Mathpresso and Qanda, 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
Math problems are solved via mobile camera on educational platform.
domain founded_year HQ Location
Free online graphing calculator for math exploration is provided.
domain founded_year HQ Location
AI-powered solutions for STEM homework problems are provided by Sizzle.
domain founded_year HQ Location
AI-powered learning platform developed to provide educational content access.
domain founded_year HQ Location
AI and app-based maths learning platform provider for students
domain founded_year HQ Location
Study platform for AP and IB students
Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Mathway

Frequently Asked Questions about Mathway

When was Mathway founded?

Mathway was founded in 2008.

Where is Mathway located?

Mathway is headquartered in Center Valley, United States. It is registered at Center Valley, Pennsylvania, United States.

How many employees does Mathway have?

As of Dec 31, 2019, the latest employee count at Mathway is 27.

What does Mathway do?

Mathway was founded in 2008 and is headquartered in Center Valley, United States. It operates in the education technology sector, providing a web and mobile platform for solving questions in algebra, geometry, trigonometry, calculus, and statistics. Step-by-step explanations are offered to users, including students, parents, and teachers. Access is available via a monthly subscription priced at 19.99.

Who are the top competitors of Mathway?

Mathway's top competitors include Mathpresso, Desmos and Sizzle.

What products or services does Mathway offer?

Mathway offers Mathway App.

Who are Mathway's investors?

Mathway has 1 investor. Key investors include Chegg.

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