Athemath

What Athemath does

Athemath is a US-incorporated 501(c)(3) nonprofit that runs a twice-yearly Virtual Program providing supplemental math contest instruction and community for female and non-binary middle and high school students. Founded in August 2020 by Ali Cy after her participation on the US team at the 2020 European Girls' Math Olympiad, the organization launched its pilot in Spring 2021 with 4 teachers and 20 students and has since served over 200 alumni across 10 semesters. The program operates entirely remotely via Zoom for live classes and Discord for 24/7 community interaction, with biweekly six-lesson courses spanning mid-AMC through early Olympiad difficulty, supplemented by office hours, clubs, seminars, individual check-ins, a five-house system, contest teams, and need-based travel scholarships. Instructors are recruited from the top tier of math olympiad competitors—MOP qualifiers and EGMO/IMO medalists—who design original curricula.

The organization's revenue model is a hybrid of student tuition ($90 per 12-week semester) and donations/sponsorships, with a need-based financial aid program that waives fees for qualifying households under $75K. Sponsorship is anchored by quantitative trading and hedge fund firms including D.E. Shaw, Jane Street, Citadel, and SIG Susquehanna, alongside family/foundation donors such as Polynera Fund, Carina Fund, SPARC, and individual sponsor Andrew Shaffer. Go-to-market is community-led: prospective students apply online by solving a problem set, and growth propagates through math contest networks, alumni word-of-mouth, Discord, and presence at events such as Math Prize for Girls, MOP, EGMO, and NAGC 2025. Operationally, Athemath is governed by a board that includes founder Ali Cy, president Greta Qu, community director Catherine Xu, and advisors including olympiad coach Evan Chen, with a Fall 2025 cohort of 10 teachers, 10 TAs, and 96 students drawn from 10+ countries across five continents.

Name

Athemath

Legal name

Athemath

Website

https://athemath.org

Company type

Private

Founded year

2020

Operating status

Operating

Headcount range

1–10 employees

Short description

Athemath is a US 501(c)(3) nonprofit running a twice-yearly virtual math contest program for female and non-binary middle and high school students, combining MOP/IMO-alumni instruction with a 24/7 Discord community.

Ownership category

akta.pro rank

Product category

Supplemental Math Education

NAICS

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

SIC

Services-Educational Services (8200)

akta.pro primary industry

Competition Coaching & Training Programs (AMC/AIME/USAMO/MathCounts) (EDAMAEAA)

akta.pro secondary industries

Virtual Test Prep & Online Supplemental Instruction (K–12) (EDAJADAI), Contest Prep Bootcamps & Intensive Workshops (EDAMAEAE)

Keywords

• Virtual math classes
• Olympiad contest training
• Nonprofit education
• Supplemental math programs
• Female stem mentorship

GTM type

B2C

Offering type

Services

Cost components

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

Revenue model

1. Class Fees: Students pay $90 per 3-month semester for a comprehensive program including 6 biweekly lessons, individual teacher check-ins, office hours, clubs, community building events, seminars, and contest team participation. This is a recurring per-session fee model.
2. Donations and Sponsorships: Reliance on donor generosity to cover costs, pay instructors, and fund financial aid program. Sponsors for 2025-2026 include Gold Sponsors (Polynera Fund, Andrew Shaffer), Silver Sponsors (Citadel, SIG Susquehanna), and past sponsors (D.E. Shaw, Carina Fund, Jane Street, SPARC).

Pricing tiers

Go-to-market motion1 record

Distribution channels1 record

Marketing channels5 records

Core offering

Athemath runs the Virtual Program, a twice-yearly (Fall and Spring) 12-week virtual math education program for female and non-binary middle and high school students, featuring six biweekly math lessons taught by MOP/EGMO/IMO alumni over Zoom, weekly office hours, clubs, seminars, individual teacher check-ins, contest team participation, and a 24/7 Discord community lounge. Students pay $90 per semester with need-based financial aid available, and the program is supported by donations and corporate sponsorships.

Product overview

Athemath is a nonprofit virtual math education organization operating as a single integrated program rather than a modular platform. Its primary offering is the Virtual Program, a twice-yearly (Fall and Spring) 12-week session combining six-lesson math courses with MOP-alumni instructors alongside community-building infrastructure. The program includes core math courses spanning AMC to Olympiad difficulty, supplemented by office hours, clubs, seminars, houses, contests participation, and a 24/7 Discord lounge. Students also receive individual check-ins with teachers and can access need-based scholarships for contest travel. All components work together as a unified supplemental math education experience.

Differentiator

Problem solved

Functional benefit

Products and services

• Virtual Program Twice-yearly (Fall and Spring) 12-week virtual math education program for female and non-binary middle and high school students, integrating six biweekly math lessons, weekly office hours, clubs, seminars, individual teacher check-ins, contest team participation, and a 24/7 Discord community lounge; priced at $90 per semester with need-based financial aid available.

Named customers2 records

Segments1 record

Ideal customer profiles1 record

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration4 records

Feature3 records

Scale indicators6 records

Recent moves6 records

Expansion highlights5 records

Broad incumbents

• Mathnasium: Mathnasium is a large global franchise network of in-person math learning centers serving K-12 students. While not olympiad-focused, it is a broader incumbent in supplemental math education with comparable tutoring/delivery model and similar target families.
• Cuemath: Cuemath is a large global supplemental math education provider offering online and in-person classes for K-12 students. While primarily focused on foundational math rather than olympiad preparation, it is a relevant broader incumbent in the math enrichment category.
• Proof School: Proof School is a private middle/high school in San Francisco for mathematically gifted students, offering enriched math instruction. While it is a full-time school rather than a virtual program, its focus on mathematically advanced learners and supportive community parallels Athemath's positioning.

Emerging players

• Brilliant: Brilliant is an online STEM learning platform offering interactive problem-solving courses including olympiad-style math content. It targets self-directed learners with gamified problem sets, partially overlapping Athemath's audience of math-curious middle/high schoolers.
• EXCEED (Exceed Math Olympiad): EXCEED runs online olympiad math training and has been expanding its presence in the contest preparation space. It overlaps with Athemath on virtual delivery and olympiad-level curriculum.

Direct peers

• Art of Problem Solving (AoPS): AoPS is the dominant online math contest preparation platform offering courses, textbooks, and a problem-solving community across AMC through olympiad levels. It is the most directly comparable peer to Athemath in the math contest prep space, although it is much larger and not female-only.
• Areteem Institute: Areteem Institute offers online and in-person math olympiad preparation programs (Math Zoom, summer camps, year-round courses) for AMC/AIME/USAMO. It serves a comparable demographic of motivated contest-track students with similar instructional content.
• Girls' Angle: Girls' Angle is a nonprofit dedicated to fostering interest in math among girls through mentorship, a math magazine, and learning community. It shares Athemath's female-focused mission and K-12 supplementary math delivery, although it serves a broader (non-competition-exclusive) audience.
• AlphaStar Academy: AlphaStar Academy runs intensive math (and science) olympiad training programs, including summer camps and online courses for AMC/AIME/USAMO preparation. It serves a similar demographic of motivated middle/high schoolers pursuing math contests and overlaps directly on instructional approach.

Others

• Math Prize for Girls: Math Prize for Girls is the largest math contest in the US specifically for female students, run by the Advantage Testing Foundation. While it is a contest and not an instructional provider, it shares Athemath's target audience and mission of supporting female math talent.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• GitHubgithub.com/vEnhance/athe-web
• Instagraminstagram.com/athemath_
• LinkedInlinkedin.com/company/athemath

Compliance1 record

Revenue estimate

Valuation estimate

Number of profiles

Profiles16 records

Funding overview

Funding rounds

Investors

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 Athemath