Numerade

Numerade

Online platform for STEM education solutions

About

Numerade provides educational resources aimed at helping high school and college students excel in STEM subjects. The platform offers a range of services, including step-by-step video solutions for textbook problems, comprehensive bootcamps that mimic semester-long courses, and a feature called SnapSolve, which allows students to take a picture of a question and receive an instant video explanation. This makes it easier for students to understand complex topics quickly. Numerade operates on a subscription model, giving users access to a vast library of educational content, while also offering a freemium option that allows limited free access to some videos. The company stands out from competitors by employing a large team of 1,700 PhDs and teaching assistants, ensuring high-quality and accurate content. The goal of Numerade is to improve academic performance in STEM subjects, as evidenced by the 97% of users who report better grades after using the platform.

Company Stage

Series A

Employees

501-1,000

Industries

Education

Total Funding

$25.3M

Headquarters

Santa Monica, California

Founded

2019


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Simplify's Take

What believers are saying

  • Numerade's partnership with George Fox University expands its reach in STEM education.
  • Free access for LAUSD students helps bridge educational gaps post-pandemic.
  • Ace Images aligns with the trend of visual learning tools enhancing comprehension.

What critics are saying

  • Increased competition from AI-driven platforms like Khan Academy and Coursera.
  • Potential backlash over AI-generated content's accuracy and reliability in education.
  • Challenge of maintaining subscriptions with numerous free educational resources available.

What makes Numerade unique

  • Numerade offers SnapSolve, providing instant video solutions for complex STEM questions.
  • AceChat, a video-based AI study bot, excels in STEM subjects with real-time feedback.
  • Numerade's Ace Images feature uses AI-generated visuals to enhance STEM learning.

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Growth & Insights
Headcount

6 month growth

↑ 0%

1 year growth

↑ 0%

2 year growth

↓ -3%

Benefits

Health Insurance

Dental Insurance

Vision Insurance

401(k) Retirement Plan

Flexible Paid Time Off

Remote Work Options

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