During the last three years, the photomath team has grown the service into a multi-function, artificial intelligence math solution that is capable of solving math problems with ease. The team has also recently launched a new premium service that allows teachers to customize the software to meet their individual teaching needs. Now that the company is funded, it is looking to make the service even more powerful and effective for teachers and students.
Founder
Using artificial intelligence, Photomath helps users solve equations and draw graphs. Photomath has over 220 million downloads and a mission to help every student achieve their math-related goals. The app comes with a smart calculator and custom visual aids. It also supports additions, subtractions, and complex queries.
The company recently secured $23 million in Series B funding led by Menlo Ventures and also participated in a round led by Cherubic Ventures. The company will use the funds to beef up its marketing and product development teams. Photomath is headquartered in San Mateo, CA. It is a promising startup and will be an important contributor to the growing math education sector. It also has the benefit of being a smartphone app, allowing students to solve problems on-the-go.
Funding round
Founded in 2014 by serial entrepreneur Damir Sabol, Photomath is an AI-powered math tutor app that allows students to solve math problems by taking a photo of the math problem and analyzing it through a proprietary AI model. The app provides step-by-step instructions that explain how to solve the problem. The app also supports addition, subtraction, multiplication, and division, as well as linear and quadratic equations.
Photomath’s technology uses the built-in camera on a smartphone or tablet to recognize and analyze math problems. It can then translate and explain the math problem through step-by-step instructions and animated tutorials. Photomath was originally developed as a demo app for MicroBlink, a company that was developing a text recognition technology. They were planning to sell their technology to other companies.
Core math solver
Powered by artificial intelligence, Photomath has been called the best app for learning math. It’s a smart calculator and a virtual tutor. It also helps with math homework, as 56% of parents can’t help their kids with their assignments. Photomath is free to download and has been downloaded more than two hundred million times. Photomath also offers paid versions for teachers and parents, as well as the ability to solve problems without an internet connection. This includes a clever feature that helps the app’s AI solve complicated problems. Photomath is also notable for its use of machine learning and artificial intelligence to learn how to solve new problems.
Photomath is a well rounded app that offers step by step instructions, animated calculation steps, and graphs designed by its in-house team of math teachers. It has been named the most popular math app in the US.
Premium service
Touted as the next best thing to having a teacher, the Photomath app has a cult following. Photomath touts an impressive lineup of partners including Wiggers Ventures, Menlo Ventures, and a host of other high net worth individuals who happen to have kids or are in fact kids themselves. Founded in 2010, Photomath has a tally of nearly $32 million in funding to date. The app, while relatively new to the game, is by no means newbie and is a jack of all trades. The app can be used in 30 languages and has a monthly fee of just over a tenner. Photomath has won a handful of awards including the most recent Best Math App award. Photomath was also the recipient of the Education Media Group’s most recent award for Best Educational App of the year.
Helping children learn better during the pandemic
During the COVID-19 pandemic, educators and parents are grappling with how to help children learn better. As the epidemic intensifies, schools are taking on new roles to support students’ learning and well-being. But school leaders must also navigate the political and financial challenges that come with closing and reopening schools. In addition to funding and resources, decisionmakers must devise new ways to deliver critical services.
Parents are becoming powerful allies in education. As a result of the pandemic, parents are more grateful for teachers’ skills and knowledge of their children’s well-being.
Conclusion
New strategies for working with parents are developing across North America and Asia. For example, the Pittsburgh Learning Collaborative is a coalition of over 50 local organizations serving families. They have created a hotline and offer resources and guidance.