QANDA (Mathpresso)
Financials
Estimates*
USD | 2019 | 2021 |
---|---|---|
Revenues | 4.3m | 46.8m |
Date | Investors | Amount | Round |
---|---|---|---|
- | N/A | - | |
$1.4m | Seed | ||
N/A | $1.3m | Seed | |
$5.5m | Series A | ||
$14.5m | Series B | ||
N/A | $34.5m | Late VC | |
$50.0m | Series C | ||
N/A | Late VC | ||
* | $20.0m Valuation: $250m | Series C | |
* | $7.5m Valuation: $250m | Late VC | |
Total Funding | €122m |
Related Content
Recent News about QANDA (Mathpresso)
EditMathpresso is an innovative startup operating in the edtech sector. The company's primary offering is a personalized education platform that leverages artificial intelligence (AI) technology to provide tailored learning experiences to students. The platform is designed to democratize education, making personalized learning accessible to all, not just a privileged few.
The company's platform, Qanda, serves a broad range of clients, including students and educators, and supports multiple languages, including Korean, Japanese, Vietnamese, Indonesian, Thai, English, Spanish, and Portuguese. This wide language support has enabled Mathpresso to establish a strong presence in Asia, with 87% of its users coming from overseas markets like Vietnam, Indonesia, and Thailand.
Mathpresso operates on a freemium business model, offering basic services for free while charging for premium features. The company generates revenue through subscriptions and in-app purchases. It has also attracted significant investment from prominent investors, including Google, SoftBank Ventures, Legend Capital, and Mirae Asset Venture Investment.
The company has shown impressive growth, with over 88 million students worldwide using the platform to ask questions and solve problems. In Vietnam, the platform's Monthly Active Users (MAU) even surpassed that of Grab, a popular super app in Southeast Asia.
Keywords: Edtech, Personalized Learning, Artificial Intelligence, Multilingual Support, Freemium Business Model, Subscription Revenue, In-app Purchases, International Presence, Student Engagement, Investment Attraction.