Photomath - About the company
Photomath is an acquired company based in San Mateo (United States), founded in 2014 by Sasa Skevin and Damir Sabol. It operates as a Mobile-based platform providing math-related learning solutions. Photomath has raised $29M in funding from Menlo Ventures and Goodwater Capital. The company has 284 active competitors, including 17 funded and 5 that have exited. Its top competitors include companies like Squirrel Ai Learning, Sizzle and Desmos.
Company Details
Mobile-based platform providing math-related learning solutions. The platform offers math-related content, fundamental math concepts, math problem explanation, and more. The platform also enables solving math problems by capturing them through the camera. Additionally, the platform also offers a calculator and graphs. Its mobile app is available for Android and iOS devices.
- Website
- photomath.com
- Email ID
- *****@photomath.com
Key Metrics
Founded Year
2014
Location
San Mateo, United States
Stage
Acquired
Total Funding
$29M in 2 rounds
Latest Funding Round
Investors
Ranked
3rd among 284 active competitors
Employee Count
435 as on Jul 01, 2024
Exit Details
Acquired by Google (May 01, 2022)
Legal entities associated with Photomath
Photomath is associated with 2 legal entities given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
PHOTOMATH D.O.O. CIN: 20161538488 , Croatia, Active | Mar 07, 2016 | $1M - $10M (As on Dec 31, 2021) | - | |
PHOTOMATH LLC CIN: 32084297392 , United States, Active | Apr 29, 2022 | - | - | - |
Photomath's acquisition details
Photomath got acquired by Google on May 01, 2022.
Click here to take a look at Photomath's acquisition in detail
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Photomath's funding and investors
Photomath has raised a total funding of $29M over 2 rounds. Its first funding round was on Nov 06, 2018. Its latest funding round was a Series B round on Feb 18, 2021 for $*****. 5 investors participated in its latest round. Photomath has 7 institutional investors.
Here is the list of recent funding rounds of Photomath:
Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Feb 18, 2021 | 3353878 | Series B | 6200324 | 1143460 | 2878449 | 7460395 |
Nov 06, 2018 | 3549217 | Series A | 7219458 | 2920302 |
View details of Photomath's funding rounds and investors
Photomath's founders and board of directors
Founder? Claim ProfileThe founders of Photomath are Sasa Skevin and Damir Sabol.
Here are the details of Photomath's key team members:
- Sasa Skevin: Former Co-Founder of Photomath and founder of 1 other company. They serve on the board of 1 company.Contact Info: 2 email addresses
- Damir Sabol: Former Co-Founder of Photomath and founder of 2 other companies, Photomath and Photomath. Contact Info: 2 email addresses
View details of Photomath's Founder profiles and Board Members
Photomath's employee count trend
Photomath has 435 employees as of Jul 24. Here is Photomath's employee count trend over the years:
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Photomath's Competitors and alternates
Top competitors of Photomath include Squirrel Ai Learning, Sizzle and Desmos. Here is the list of Top 10 competitors of Photomath, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Squirrel Ai Learning 2014, Shanghai (China), Series C | Provider of AI-based tutoring platform for students | $194M | 62/100 | |
2nd | Sizzle 2022, New York City (United States), Acquired | AI-powered platform offering solutions for learners to solve homework problems | $7.5M | 59/100 | |
3rd | Photomath 2014, San Mateo (United States), Acquired | Mobile-based platform providing math-related learning solutions | $29M | 58/100 | |
4th | Desmos 2011, San Francisco (United States), Series A | Exploring math with free online graphic calculator | $5.8M | 54/100 | |
5th | AI-powered homework helper for students | - | - | 53/100 | |
6th | MathGPT 2023, Ithaca (United States), Unfunded | AI-powered Maths solver and calculator | - | - | 52/100 |
7th | Mobile-app based math solver | - | - | 47/100 | |
8th | Mathpresso 2015, Seoul (South Korea), Series C | Developer of an AI-powered learning platform providing educational content access | $148M | 46/100 | |
9th | Nudge Math 2016, Bengaluru (India), Unfunded | Developer of interactive math learning apps for students | - | - | 45/100 |
10th | Miao Academy 2016, Singapore (Singapore), Unfunded | Provides AI-enabled math learning application | - | - | 45/100 |
Looking for more details on Photomath's competitors? Click here to see the top ones
Photomath's Investments and acquisitions
Photomath has made no investments or acquisitions yet.
Reports related to Photomath
Here is the latest report on Photomath's geography:
News related to Photomath
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•
EC approves acquisition of Croatia's Photomath by GoogleSeeNews•Mar 29, 2023•Eurogamer, Google, Global Industrial, Photomath
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EU antitrust regulators to decide on Google's maths app buy by March 28Gadgets Now•Feb 22, 2023•Google, Photomath
•
"Camera calculator" for solving math problems raises $23M in Series B financingStartupjedi•Feb 19, 2021•Photomath
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