Photomath Overview
- Year Founded
-
2014
- Status
-
Acquired/Merged
- Employees
-
659
- Latest Deal Type
-
M&A
Photomath General Information
Description
Developer of a calculator application designed to solve mathematical equations and problems in real-time. The company's application helps the user to simply aim at the mathematical expression or equation with a camera fitted to a handheld device and instantly scan, solve, and explain problems, ranging from arithmetic to calculus through animated steps and detailed instructions, enabling students to solve difficult mathematical problems easily.
Contact Information
Website
www.photomath.com(Operating Subsidiary)
Corporate Office
- 1600 Amphitheatre Parkway
- Mountain View, CA 94043
- United States
Corporate Office
- 1600 Amphitheatre Parkway
- Mountain View, CA 94043
- United States
Photomath Valuation & Funding
| Deal Type | Date | Amount | Raised to Date | Post-Val | Status | Stage |
|---|---|---|---|---|---|---|
| 5. Merger/Acquisition | 28-Mar-2023 | Completed | Generating Revenue | |||
| 4. Later Stage VC (Series B) | 18-Feb-2021 | Completed | Generating Revenue | |||
| 3. Early Stage VC (Series A) | 26-Jun-2020 | Completed | Generating Revenue | |||
| 2. Later Stage VC (Series A1) | 01-Mar-2020 | $7.5M | $10.5M | Completed | Generating Revenue | |
| 1. Seed Round | 01-Apr-2016 | $3M | $3M | Completed | Generating Revenue |
Photomath Cap Table
| Stock | # of Shares Authorized |
Par Value | Dividend Rate ($) | Original Issue Price |
Liquidation | Liquidation Pref. Multiple |
Conversion Price | % Owned |
|---|---|---|---|---|---|---|---|---|
| Series B | ||||||||
| Series A-1 | ||||||||
| Series A | 4,397,215 | $0.000100 | $0.08 | $1.36 | $1.36 | 1x | $1.36 | 16.42% |
| Seed | 3,729,845 | $0.000100 | $0.05 | $0.81 | $0.81 | 1x | $0.81 | 13.92% |
Photomath Comparisons
Industry
Financing
Details
Photomath Competitors (3)
One of Photomath’s 3 competitors is Wolfram Alpha, a Corporation company based in Champaign, IL.
| Company Name | Financing Status | Location | Employees | Total Raised | Last Financing Date/Type | Last Financing Amount |
|---|---|---|---|---|---|---|
| Wolfram Alpha | Corporation | Champaign, IL | ||||
| Mathpix | Venture Capital-Backed | New York, NY | ||||
| Symbolab | Formerly VC-backed | Tel Aviv, Israel |
Photomath Signals
Photomath Former Investors (6)
| Investor Name | Investor Type | Holding | Investor Since | Participating Rounds |
|---|---|---|---|---|
| Cherubic Ventures | Venture Capital | Minority | ||
| GSV Ventures | Venture Capital | Minority | ||
| Goodwater Capital | Venture Capital | Minority | ||
| Learn Capital | Venture Capital | Minority | ||
| Menlo Ventures | Venture Capital | Minority |
Photomath FAQs
-
When was Photomath founded?
Photomath was founded in 2014.
-
Where is Photomath headquartered?
Photomath is headquartered in Mountain View, CA.
-
What is the size of Photomath?
Photomath has 659 total employees.
-
What industry is Photomath in?
Photomath’s primary industry is Educational Software.
-
Is Photomath a private or public company?
Photomath is a Private company.
-
What is Photomath’s current revenue?
The current revenue for Photomath is .
-
How much funding has Photomath raised over time?
Photomath has raised $39.5M.
-
Who are Photomath’s investors?
Cherubic Ventures, GSV Ventures, Goodwater Capital, Learn Capital, and Menlo Ventures are 5 of 6 investors who have invested in Photomath.
-
Who are Photomath’s competitors?
Wolfram Alpha, Mathpix, and Symbolab are competitors of Photomath.
-
When was Photomath acquired?
Photomath was acquired on 28-Mar-2023.
-
Who acquired Photomath?
Photomath was acquired by Alphabet.
Data Transparency
-
Meet our data hygiene team
Discover how our experts ensure you’re getting the most accurate financial data in the industry.
Read more -
How PitchBook sources data
Our data operations team has logged over 3.5 million hours researching, organizing, and integrating the information you need most.
Discover our process