Mathpresso (Qanda)

Mathpresso (Qanda)

AI-driven personalized learning platform

Overview

Company Does Not Provide H1B Sponsorship

Qanda is an AI-powered learning platform that Personalizes education for students and educators. It uses AI to tailor explanations and learning paths through a Q&A format that helps learners solve problems and understand concepts. The platform supports many languages and serves a large international user base, with a strong presence in Asia. Its goal is to democratize education by making personalized learning accessible to as many students as possible.

About Mathpresso (Qanda)

Simplify's Rating
Why Mathpresso (Qanda) is rated
B+
Rated B on Competitive Edge
Rated A on Growth Potential
Rated B on Differentiation

Industries

Consumer Software

AI & Machine Learning

Education

Company Size

201-500

Company Stage

Series C

Total Funding

$159.8M

Headquarters

Seoul, South Korea

Founded

2015

Simplify Jobs

Simplify's Take

What believers are saying

  • Completed $70M extended Series C in 2024, totaling $130M funding.
  • Raised $8M from KT in September 2023 for education-specific LLM.
  • Launched Prep.Pie in 2024, entering US college market with 8M MAU.

What critics are saying

  • Duolingo Max erodes freemium base in Southeast Asia within 6-12 months.
  • Google's Photomath in Lens diverts 87% photo-snap users in 12-18 months.
  • 2026 AI Education Act bans foreign LLMs, crippling Korean operations.

What makes Mathpresso (Qanda) unique

  • QANDA uses OCR to scan problems and deliver instant step-by-step solutions.
  • Platform supports 8 languages, with 87% users from Vietnam, Indonesia, Thailand.
  • AI tutor integrates conversational ChatGPT-like features across math, English, Korean.

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Funding

Total Funding

$159.8M

Below

Industry Average

Funded Over

9 Rounds

Series C funding is usually for startups that are doing well and are looking for more money to fuel major growth, such as acquiring other companies, expanding into global markets, or launching new product lines. Investors typically include larger venture capital firms and private equity.
Series C Funding Comparison
Below Average

Industry standards

$50M
$40M
Figma
$50M
Medium
$62M
SeatGeek
$100M
Oura

Growth & Insights and Company News

Headcount

6 month growth

0%

1 year growth

1%

2 year growth

1%
Platum
Sep 9th, 2023
스타트업 스토리 플랫폼-플래텀(Platum)

플래텀은 'Startup's Story Platform’ 을 모토로 하는 스타트업 전문 미디어입니다.

Education Week
Dec 22nd, 2022
K-12 Dealmaking: Instructure Acquires LearnPlatform; Mathpresso Closes $70M Series C

Mathpresso closes extended Series C. Google-backed ed-tech company Mathpresso completed a $70 million extended series C funding round, the South Korea-based startup announced.

Tech in Asia
Dec 13th, 2022
Google-backed Korean edtech firm bumps up series C raise to $70m

The new capital comes on top of the US$50 million that Mathpresso raised in July last year for its series C round.

VTECon
May 23rd, 2022
AI 1:1 외국어 맞춤 수업 서비스 '과탑', 전략적 투자 유치 – 벤처경제

AI 1:1 외국어 맞춤 수업 서비스 '과탑'이 최근 전략적 투자 유치에 성공했다. 맞춤 수업 서비스 과탑은 매칭 알고리즘을 통해 튜터와 학생을 연결해 과정을 통해 수업 서비스를 제공해 높은 만족도로 현재 이용자수 상승세를 유지중이다.

PR Newswire Asia
Nov 9th, 2021
Mathpresso launched additional features on QANDA on Nov 10th 21'.

With the goal of becoming a global ecosystem of all educational resources, Mathpresso launched additional features on QANDA earlier this year, including the Premium subscription model that offers byte-sized video lectures and the Community feature that enhances collaborative learning.

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