Mathpresso is an edtech startup running an educational platform called “Qanda”, where students can upload pictures of math problems when they need help and mobile tutors send them solutions.
Mathpresso covers most of the subjects such as social studies, science, Korean history, and mathematics.
Mathpresso was founded in 2015 and is headquartered in Seoul, Seoul, South Korea.
Mathpresso aims to create a platform for personalized education by collecting big data through Qanda and providing content that is tailored for each student.
Qanda uses AI-based optical character recognition to scan math problems. Students take a photo of a problem and upload it to get instructions for how to solve it from the app or tutors.
Mathpresso is backed by Legend Capital, InterVest, NP Investments and Mirae Asset Venture Investment. The company raised $14.5M from Series B financing on Oct 15, 2019. This brings Mathpresso's total funding to $21.2M to date.