What Mathpix does

Mathpix is a private AI software company that provides optical character recognition (OCR) and document conversion technology specialized for STEM content, including mathematical equations, chemical structures, handwritten notes, tables, and full scientific PDFs. The company operates a proprietary deep learning stack trained on billions of scientific documents, deployed on Nvidia B300 GPU infrastructure hosted at DataVerge's Brooklyn facility, with API endpoints running across three AWS regions (us-east-1, ap-southeast-1, eu-central-1). Its product surface spans a consumer/researcher productivity suite (Snip web app, desktop apps for macOS/Windows/Linux, iOS/Android mobile apps, Chrome extension, and MPX CLI) and a developer/enterprise API suite (Convert API, Files API, and Secure Conversion Service for high-volume dedicated infrastructure).

The company monetizes through a multi-tier model: a freemium Snip tier (10 snips/month) drives acquisition, Snip Pro subscriptions start at $4.99/month (or ~$4.16/month annual), organization plans scale from $3.99-$4.49 per seat, the Convert API charges $0.002 per image on a pay-as-you-go basis, the Files API charges $1.00 per 1,000 pages, and the Secure Conversion Service is sold on custom multi-year enterprise contracts. Named enterprise customers include Anthropic, Google (Gemini), Chegg, Tencent, and LG, alongside academic users at institutions like Stanford, with stated reach of 3M+ users globally, 5B+ PDF pages converted, and 3B+ images converted cumulatively.

The go-to-market is product-led growth supplemented by API-first developer adoption and direct enterprise sales for the Secure Conversion Service. Distribution is fully digital via self-serve web signup, app stores, and console.mathpix.com, with referral incentives (50-200 extra snips per referral) and educational pricing (.edu bonuses) targeting viral top-of-funnel growth. Compliance posture includes SOC 2 Type 2 certification and EU-U.S./UK/Swiss Data Privacy Framework adherence, supporting enterprise procurement.

Name

Mathpix

Legal name

Mathpix, Inc.

Website

https://mathpix.com

Company type

Private

Founded year

2017

Operating status

Operating

Headcount range

11–50 employees

Short description

Mathpix provides AI-powered OCR specialized for STEM content, serving academic researchers, students, AI companies, and enterprises with proprietary deep learning models that convert scientific PDFs, handwritten equations, and chemical diagrams into machine-readable formats via APIs and productivity tools.

Ownership category

akta.pro rank

Product category

AI-Powered OCR and Document Conversion Software

NAICS

Software Publishers (5132)

SIC

Services-Computer Programming Services (7371)

akta.pro primary industry

Math & STEM Learning Technology (incl. Coding/Robotics Platforms) (EDAJAMAG)

akta.pro secondary industry

Game-Based CS & Computational Thinking Platforms (EDAFANAD)

Keywords

• STEM document conversion
• AI-powered OCR
• Math equation recognition
• Chemistry OCR
• PDF to LaTeX conversion

Headquarters

HQ city

Brooklyn

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B

Offering type

Software

Cost components

Infrastructure, Technology or R&D, Personnel, Operations, Marketing or Sales

Revenue model

1. Snip Pro Subscription: Individual and team subscriptions for the Snip productivity app offering unlimited snips (Pro) vs. limited free tier. Paid monthly ($4.99/mo) or annually. Team/organizational plans with per-seat pricing and pooled usage. Educational discounts available for .edu email addresses.
2. Convert API (Pay-as-you-go): Usage-based pricing for the Convert API at $0.002 per image, targeting developers and applications needing OCR and document conversion at scale via programmatic API access.
3. Files API (Tiered Pay-as-you-go): High-throughput async document processing at $1.00 per 1,000 pages with tiered usage-based pricing. Self-serve cloud storage delivery.
4. Secure Conversion Service (Enterprise): Custom-priced dedicated infrastructure for enterprise compliance needs. Process millions of PDF pages per hour. Includes dedicated GPU infrastructure, custom data retention, and enterprise SLAs.
5. Freemium (Snip Free): Free tier for Snip with limited snips (10/month), driving user acquisition and referral growth. Referrals reward both parties with extra snips (50 for regular, 200 for .edu referrals).

Pricing tiers

Go-to-market motion2 records

Distribution channels8 records

Marketing channels6 records

Core offering

Mathpix develops and sells AI-powered OCR and document conversion technology purpose-built for STEM content (mathematics, chemistry, physics, statistics). Its offerings include the Snip productivity suite (web, desktop, and mobile apps) for individuals and teams, programmatic Convert API and Files API for developers, and the Secure Conversion Service (SCS) for enterprise customers needing dedicated infrastructure to convert millions of pages of scientific PDFs and images into machine-readable formats such as LaTeX, DOCX, Markdown, HTML, SMILES, CSV, and TSV.

Product overview

Mathpix offers a suite of document conversion and OCR products organized around two core product lines: consumer/team productivity tools (Snip, Snipping Tool, Chrome Extension) and developer/enterprise APIs (Convert API, Files API, Secure Conversion Service). The Snip ecosystem includes a web app, desktop apps (macOS, Windows, Linux), mobile apps (iOS, Android), and Chrome extension. MPX CLI provides command-line document conversion. Mathpix Markdown serves as the company's proprietary document format that powers conversions between PDFs, images, LaTeX, DOCX, HTML, and Markdown. All products are powered by the company's proprietary OCR technology with deep STEM functionality including math, chemistry, handwriting, tables, and foreign language recognition.

Differentiator

Problem solved

Functional benefit

Brands

• Snip: Markdown and AI-powered collaborative editing environment for researchers with world-class image and PDF conversion tools.
• Convert API
• Files API
• Secure Conversion Service (SCS)
• Mathpix Snipping Tool
• MPX CLI
• Mathpix Markdown

Products and services

• Snip

Quantifiable outcome

• 3M+ users globally using Mathpix's document conversion tools
• +3 more outcomes

Named customers6 records

Segments6 records

Ideal customer profiles5 records

Technology focussed Yes

API detail

Has API

Yes

API docs

API detail

Core technology

AI maturity

App detail

Integration11 records

AI capability8 records

Feature10 records

Partnerships

Four partnerships are on record, tiered core and minor.

• DataVergecoreStrategic or Co-development Partner · 1 January 2024DataVerge, a New York data center firm, hosts Mathpix's GPU infrastructure at its Brooklyn Industry City facility. Mathpix deployed Nvidia B300 GPU servers for AI training and real-time inference workloads. The expansion added 18,000 sq ft of space with 1.5MW currently available and 3MW coming online Q2 2027. Mathpix has been a DataVerge customer since 2024, selected for high-density power, cooling capacity, and low-latency connectivity for enterprise-scale AI operations.
• OverleafcoreTechnology or IntegrationMathpix Snip provides one-click export of converted LaTeX documents directly to Overleaf, enabling seamless collaborative editing workflow for academic researchers. This is a featured integration on both companies' platforms.
• Amazon Web Services (AWS)coreOthersAll Mathpix services are hosted on Amazon Web Services (AWS). All customer data is hosted on AWS databases located in the United States. AWS provides the underlying compute, storage, and networking infrastructure supporting Mathpix's OCR API and document processing services across three regions (us-east-1, ap-southeast-1, eu-central-1).
• StripeminorOthersMathpix uses Stripe for payment processing, analytics, and other business services. Stripe collects identifying information about devices connecting to its services and uses this data for fraud detection and to operate and improve its services.

Scale indicators6 records

Recent moves6 records

Expansion highlights6 records

Direct peers

• ABBYY: ABBYY FineReader and FlexiCapture are dedicated OCR and intelligent document processing platforms competing head-to-head with Mathpix's Convert API and Files API. ABBYY targets enterprise document digitization with similar accuracy claims for complex documents.
• Rossum: Rossum is an AI-native intelligent document processing platform focused on enterprise document automation with similar usage-based API pricing and PLG-plus-enterprise GTM motion. Competes for the same AI/ML and enterprise document extraction budgets as Mathpix's API products.

Broad incumbents

• Amazon Textract: AWS Textract provides OCR with structured data extraction (forms, tables) and integrates natively with the AWS ecosystem where Mathpix is also hosted. Competes on price-volume economics and incumbent cloud relationships for enterprise document processing workloads.
• Microsoft Azure AI Document Intelligence: Formerly Azure Form Recognizer, Microsoft's Document Intelligence API offers OCR with prebuilt and custom models for structured document extraction. Bundled with Azure enterprise agreements, it pressures Mathpix pricing for customers already standardized on Microsoft.
• Adobe: Adobe Acrobat offers OCR and PDF conversion capabilities with deep enterprise penetration. While not STEM-specialized, Adobe competes for the same enterprise document conversion budgets and bundles OCR into broader document workflows (Acrobat Sign, Document Cloud).
• Google Cloud Document AI: Google's Document AI platform offers OCR, form parsing, and specialized processors including a custom document extractor. Bundled with Google Cloud infrastructure and improving in STEM content handling, it competes with Mathpix for AI/ML and enterprise document pipelines.

Emerging players

• Photomath: Photomath is a math-focused mobile OCR app solving handwritten and printed math problems via camera input. Overlaps with Mathpix's student and homework-help use cases but is consumer-focused rather than serving enterprise/research workflows.
• Nanonets: Nanonets offers AI-powered OCR and document workflow automation with usage-based pricing similar to Mathpix's Convert API. Targets enterprise document processing with continuous learning models, though not STEM-specialized.
• Symbolab: Symbolab is an AI math solver with OCR-based equation recognition for handwritten and printed math. Targets students and educators with similar STEM input modalities to Mathpix Snip but focuses on problem-solving rather than document conversion.

Others

• Wolfram Alpha: Wolfram Alpha is a computational knowledge engine for math, science, and engineering with similar STEM authority to Mathpix but oriented toward computation and problem-solving rather than document conversion. Complementary rather than directly competing.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xx.com/mathpixapp
• GitHubgithub.com/Mathpix
• YouTubeyoutube.com/channel/UC-EycETFPoi9STOD5JhKYlw
• Facebookfacebook.com/mathpix
• LinkedInlinkedin.com/company/mathpix

Compliance2 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles3 records

Funding overview

Funding rounds3 records

Investors2 records

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Mathpix