About Photomath
Photomath is a company based in San Mateo (United States) founded in 2014 was acquired by Google in May 2022.. Photomath has raised $29 million across 2 funding rounds from investors including Google, Menlo Ventures and GSV Ventures. Photomath offers products and services including Photomath App. Photomath operates in a competitive market with competitors including Desmos, Sizzle, Mathpresso, Qanda and Mathway, among others.
- Headquarter San Mateo, United States
-
Sectors
Education
-
Email
***********
-
Phone
*********
-
Website
*********
-
Social
*********
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
Products & Services of Photomath
Photomath offers a comprehensive portfolio of products and services, including Photomath 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.
Mobile app for scanning and solving math problems with explanations.
Unlock access to complete
Funding Insights of Photomath
Photomath has successfully raised a total of $29M across 2 strategic funding rounds. The most recent funding activity was a Series B round of $23 million completed in February 2021. 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 — $23.0M
-
First Round
First Round
(06 Nov 2018)
- Investors Count 5
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Feb, 2021 | Amount | Series B - Photomath | Valuation | Menlo Ventures | |
| Nov, 2018 | Amount | Series A - Photomath | Valuation | Goodwater Capital |
| 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 |
Investors in Photomath
Photomath has secured backing from 6 investors, including venture fund and institutional investors. Prominent investors backing the company include Google, Menlo Ventures and GSV Ventures. 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.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
|
Early-stage venture capital firm investing in AI, healthcare, and tech sectors.
|
Founded Year | Domain | Location | |
|
Ed-tech startups are funded by GSV Ventures through venture capital.
|
Founded Year | Domain | Location | |
|
Seed-stage technology startups are invested in by Cherubic Ventures.
|
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 Photomath
| 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 - Photomath
| 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 |
Photomath Comparisons
Competitors of Photomath
Photomath 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 Desmos, Sizzle, Mathpresso, Qanda and Mathway, 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 |
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 |
Math problems are solved step-by-step through web and mobile tools.
|
| 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 Photomath
Frequently Asked Questions about Photomath
When was Photomath founded?
Photomath was founded in 2014 and raised its 1st funding round 4 years after it was founded.
Where is Photomath located?
Photomath is headquartered in San Mateo, United States. It is registered at San Mateo, California, United States.
Is Photomath a funded company?
Photomath is a funded company, having raised a total of $29M across 2 funding rounds to date. The company's 1st funding round was a Series A of $6M, raised on Nov 06, 2018.
What does Photomath do?
Photomath was founded in 2014 in San Mateo, United States, as a mobile-based platform in the edtech sector focused on mathematics. Math content, problem explanations, and fundamental concepts are delivered through apps available on Android and iOS devices. Problems are captured and solved using the devices camera, with additional tools such as calculators and graphing functions provided for users.
Who are the top competitors of Photomath?
Photomath's top competitors include Mathpresso, Desmos and Sizzle.
What products or services does Photomath offer?
Photomath offers Photomath App.
Who are Photomath's investors?
Photomath has 6 investors. Key investors include Google, Menlo Ventures, GSV Ventures, Cherubic Ventures, and Goodwater Capital.
Book a demo & talk to our team
Share a few details and we’ll reach out to schedule a session.