Magma Math raised $40M in a Series A funding round led by Five Elms Capital to enhance its K-12 math platform and scale operations.
PRIVATENov 20, 2024
Amount Raised
$40 Million
Round Type
Series A
New YorkEducationE LearningEdtechLanguage Learning
Investors
Five Elms Capital
Description
Magma Math, based in NYC, raised $40M in Series A funding to support research-based math pedagogy and expand its curriculum offerings. The funding will also enhance user experience with AI capabilities and scale its operations.
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Company Information
Company
Magma Math
Location
New York, New York, United States
About
Magma Math is a NYC-based provider of a K-12 instructional math platform focused on enhancing teacher efficiency and classroom management. The platform supports state standards and aims to foster student-centered learning and deeper math understanding. It enables formative assessments and encourages mathematical discourse while integrating with classroom technology. Founded and led by CEO Henrik Appert, the company is committed to improving math pedagogy through research-based methods.
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New YorkEducationE LearningEdtechLanguage Learning