What Mathpresso does

Mathpresso, Inc. is a Seoul-headquartered EdTech company founded in 2015 that operates QANDA, an AI-powered education super app used by 97 million registered students across 50+ countries, with 8 million monthly active users (90% located outside Korea, concentrated in Vietnam, Indonesia, Thailand, and Japan). The platform is built on proprietary OCR technology that recognizes math problems from photos in approximately five seconds, an LLM-based AI tutor with autosolver capabilities, and a knowledge graph trained on 7.2 billion+ cumulative questions answered across seven localized language versions. The flagship consumer product is monetized via a freemium model with premium subscriptions, and is augmented by QANDA Tutor (tablet-based 1:1 online live tutoring), QANDA Math Coach (a B2B/B2G AI-powered learning management system for schools and government education bodies), AIDT (an AI Digital Textbook initiative co-developed with Korean publishers including 비상교육), Cramify (a hyper-personalized generative AI exam-prep tool launched in the US in March 2024), and MathGPT — a 13B-parameter specialized mathematics LLM co-developed with Upstage and KT that surpassed Microsoft's ToRA 13B on MATH and GSM8K benchmarks and is planned for B2B licensing.

Mathpresso has raised over $130 million in cumulative funding from a tier-one investor base that includes Google (strategic investment, November 2021), SoftBank Ventures Asia (led the $50M Series C in June 2021), GGV Capital, KT (~$100M strategic investment in September 2023), Legend Capital, Mirae Asset Venture Investment, YBM, Samsung Ventures, Smilegate Investment, and others. The company employs 251-500 people across offices in Seoul, Tokyo, Hanoi, Jakarta, and the United States. Its revenue architecture combines (i) consumer freemium subscriptions and in-app purchases within QANDA, (ii) recurring institutional licensing for QANDA Math Coach and AIDT, (iii) per-session fees from QANDA Tutor, and (iv) planned API/licensing revenue from MathGPT — a deliberate diversification from a pure consumer app into B2B, B2G, and AI model commercialization.

Name

Mathpresso

Legal name

Mathpresso, Inc.

Website

https://mathpresso.com

Company type

Private

Founded year

2015

Operating status

Operating

Headcount range

251–500 employees

Short description

Mathpresso operates QANDA, an AI-powered education super app serving 97 million registered K-12 students across 50+ countries via OCR problem-solving and LLM-based tutoring, with expanding B2B/B2G institutional products and a proprietary 13B mathematics LLM (MathGPT).

Ownership category

akta.pro rank

Product category

AI Education Software

NAICS

Exam Preparation and Tutoring (611691), Educational Support Services (611710)

SIC

Services-Prepackaged Software (7372), Services-Computer Programming Services (7371)

akta.pro primary industry

AI Tutoring Systems (Conversational Tutors, Homework Helpers) (EDAFAFAC)

akta.pro secondary industries

Math Homework Support (Problem-Solving & Practice) (EDANADAE), Math & Science Interactive Learning Platforms (STEM Core) (EDAFANAH), Math & STEM Learning Technology (incl. Coding/Robotics Platforms) (EDAJAMAG), Mathematics Tutoring (Arithmetic–Calculus & Beyond) (EDANAAAA)

Keywords

• AI education platform
• OCR math solving
• Online tutoring services
• AI digital textbooks
• Math LLM

Headquarters

HQ city

Seoul

HQ country

South Korea

HQ region

Asia

Offices5 records

Markets served

GTM type

B2B and B2C

Offering type

Software

Cost components

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

Revenue model

1. Freemium App Model: QANDA operates a freemium model where the core app is free to download and use, with premium features unlocked through subscription or in-app purchases. This drives large user acquisition at low cost while converting high-engagement users to paid tiers.
2. QANDA Math Coach (B2B/B2G): QANDA Math Coach is a B2B and B2G AI-powered learning management solution for private and public educational institutions, generating revenue through institutional licensing and subscription agreements with schools and government education bodies.
3. QANDA Tutor (1:1 Online Live Tutoring): QANDA Tutor offers tablet-based 1:1 online live tutoring, providing students with customized private lessons. Revenue is generated through tutoring session fees or subscription packages.
4. MathGPT Licensing: MathGPT, a specialized mathematics LLM, is planned to be offered to businesses in need of specialized educational LLM solutions, generating licensing and API revenue.

Go-to-market motion2 records

Distribution channels5 records

Marketing channels5 records

Core offering

Mathpresso operates an AI-powered education platform built around its flagship QANDA app, which uses proprietary OCR to recognize math problems from photos and deliver personalized learning content. The company also provides 1:1 live online tutoring, an institutional learning management system (QANDA Math Coach), an exam-preparation service (Cramify), and a specialized mathematics large language model (MathGPT) licensed to enterprises and developers.

Product overview

Mathpresso operates as a unified platform-plus-modules architecture, centered on the QANDA AI-powered education super app. The core QANDA platform provides OCR-based problem solving and LLM-powered tutoring for end consumers (K-12 students). Two companion modules extend the platform: QANDA Tutor offers 1:1 live online tutoring with teacher matching, while QANDA Math Coach provides a B2B/B2G learning management solution for institutions. A separate sub-brand, Cramify, targets US exam preparation with generative AI study tools. The company has also developed MathGPT, a specialized 13B LLM for mathematics, which is being integrated across products and offered as a B2B solution. AIDT (AI Digital Textbook) represents an emerging B2B initiative with Korean publishers. With 97 million registered users and 8 million MAU across 7 languages, the portfolio spans consumer apps, institutional solutions, and AI model products.

Differentiator

Problem solved

Functional benefit

Brands

• QANDA: Asia's leading AI-powered education app used by 8M monthly users worldwide. Provides personalized learning through OCR technology and LLM-based tutoring.
• QANDA Tutor
• QANDA Math Coach
• Cramify
• MathGPT

Products and services

• QANDA AI-powered mobile learning app that uses proprietary OCR to recognize math problems captured by smartphone camera and provides step-by-step solutions, an AI tutor, and personalized learning content for K-12 and post-secondary students.
• QANDA Tutor 1:1 live online tutoring service for students who need human tutor interaction, accessible through the QANDA app.
• QANDA Math Coach Institutional AI-powered learning management system for K-12 schools and education ministries, providing AI math tutoring, curriculum-aligned content, and student/teacher analytics dashboards.
• Cramify AI-powered exam preparation service that helps students study and prepare for tests, integrated with the QANDA ecosystem.
• MathGPT Mathematics-specialized large language model that solves math problems and explains solutions, offered to enterprises and developers via API and licensing for embedding into third-party products.

Quantifiable outcome

• 97 million registered users globally
• +5 more outcomes

Named customers5 records

Segments3 records

Ideal customer profiles3 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

AI capability7 records

Feature8 records

Partnerships

Three partnerships are on record, tiered core.

• YBMcoreChannel Partner/ Reseller/ Distributor · 15 April 2024Mathpresso and YBM partnered to open an English-language academy in Hanoi, Vietnam. YBM, a major Korean education company, collaborated with Mathpresso to expand English-language education services in the Vietnamese market.
• 비상교육 (V sang Kyoyuk / 비상교육)coreStrategic or Co-development Partner · 5 March 2024Mathpresso partnered with 비상교육 (V sang Kyoyuk), a major Korean education publisher, to develop AI Digital Textbooks (AIDT). This partnership leverages cutting-edge AI technology and Korea's top publishers' content for personalized digital educational materials.
• UpstagecoreTechnology or IntegrationUpstage co-developed MathGPT, a 13B LLM specialized for mathematics, together with Mathpresso and KT in January 2024. Upstage provided GPU optimization and AI expertise that enabled the model to set a world record on math benchmarks.

Scale indicators10 records

Recent moves7 records

Expansion highlights6 records

Direct peers

• Photomath: Photo-based math problem solver acquired by Google. Directly competes with QANDA's core OCR + step-by-step solution feature for K-12 and is owned by the same Google that is a Mathpresso investor, making it the closest functional rival.
• Chegg: Public EdTech platform offering homework help, textbook solutions, and now AI tutoring (CheggMate). Competes head-on with QANDA's homework-help and AI tutor use cases, with overlap in math and STEM.
• Symbolab: AI-powered math problem solver providing step-by-step solutions across arithmetic through calculus. Closely comparable to QANDA's Autosolver and MathGPT functionality for students.
• Brainly: Community-driven homework help platform with an AI tutor (Ginny). Targets the same K-12 student segment as QANDA, with a hybrid community-plus-AI model that competes for the same homework-help intent.
• Course Hero: Subscription-based study resource and tutor platform serving college and high-school students. Overlaps with QANDA Tutor and QANDA's paid subscription tier for homework help and exam prep.

Broad incumbents

• Wolfram Alpha: Long-standing computational knowledge engine covering math, science, and more. Not a K-12-first product, but directly comparable as a math problem-solving AI and is a recognized incumbent in the same category QANDA/MathGPT competes in.
• Khan Academy: Free global learning platform with Khanmigo (GPT-4-powered AI tutor). Comparable as a free AI-augmented education destination for K-12 students globally, with much broader subject coverage.

Emerging players

• Microsoft Math Solver: Free Microsoft app that solves math problems via photo, similar to QANDA's OCR core. Comparable as a free, well-funded alternative in the same photo-math-solver category.
• Yup (formerly Yup.com): On-demand 1:1 math tutoring platform. Comparable to QANDA Tutor's live-tutoring revenue stream and overlaps with QANDA's premium subscription model.

Regional players

• BYJU'S: India-headquartered global EdTech giant. Different core product (live classes, K-12 curriculum) but a direct comparator for Asian-market EdTech scale, funding, and institutional/government sales motion.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks7 records

Key highlights7 records

Customer concentration

• Xx.com/mathpresso
• YouTubeyoutube.com/channel/UCUR23j0maOlOL6eBkc57YRw
• Facebookfacebook.com/mathpresso
• LinkedInlinkedin.com/company/mathpresso-inc/mycompany/?viewAsMember=true

Revenue estimate

Valuation estimate

Number of profiles

Profiles8 records

Subsidiaries6 records

Funding overview

Funding rounds11 records

Investors20 records

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

M&A

Investments1 record

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

Frequently asked questions about Mathpresso