Company profile: Photomath
1.1 - Company Overview
Company description
- Provider of an AI-powered mobile math education app that instantly scans, accurately solves, and explains problems from arithmetic to calculus with step-by-step instructions and multiple solving methods. Offers Photomath Plus subscription with custom visual aids, extra tips, and deep-dive textbook solutions, plus animated tutorials with voiceover options and interactive graphs with contextual definitions.
Products and services
- Photomath App: AI-driven mobile application instantly scans math from arithmetic to calculus, accurately solves problems, and engineers step-by-step explanations with multiple solving methods
- Photomath Plus: Subscription-based service delivers custom visual aids, extra tips, and deep-dive solutions for hundreds of textbooks, enriching problem explanations and study guidance
- Animated Tutorials: Multimedia-rich animations create each step of a math problem, with written-out instructions and optional voiceover to clarify reasoning and reinforce learning
Key contacts
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Financial details
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1.2 - Competitors and similar companies to Photomath
IAT
HQ: United States
Website
- Description: Provider of STEM-focused educational tools and courses, offering product development, distribution, and consulting services for science, technology, engineering, and mathematics education.
- Rationale: This competitor operates in a highly similar market segment with overlapping features.
- Company type: Private company
- Employees: ●●●●●
- Total funding raised: $●●●m
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Merlyn
HQ: United States
Website
- Description: Provider of AI-based solutions for education, enabling teachers to control classroom technology via voice and remote. Offerings include the Merlyn AI Assistant for Teachers, generative AI chat for classrooms, AI for teacher laptops with privacy and safety, and an automated graphing system that turns natural language into mathematical graphs, integrating with Desmos and Wolfram Alpha; also optimizes wake-word architecture.
- Rationale: This competitor operates in a highly similar market segment with overlapping features.
- Company type: Private company
- Employees: ●●●●●
- Total funding raised: $●●●m
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Specdrums
HQ: United States
Website
- Description: Provider of wearable Specdrums rings and an iOS app that convert colors into musical pitches and sounds. The rings detect color and trigger corresponding audio via the app, allowing users to play wirelessly and turn any colored object into a musical controller.
- Rationale: This competitor operates in a highly similar market segment with overlapping features.
- Company type: Private company
- Employees: ●●●●●
- Total funding raised: $●●●m
- Backers: ●●●●●●●●●●
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MasteryConnect
HQ: United States
Website
- Description: Provider of an educational technology assessment and curriculum platform delivered as SaaS, helping educators identify student understanding, target students for intervention, personalize learning, and use data to evaluate practice. Products include Mastery Tracker, Mastery View Formative Assessments, and dashboards that visualize students' mastery and provide real-time actionable data at various levels.
- Rationale: This competitor operates in a highly similar market segment with overlapping features.
- Company type: Private company
- Employees: ●●●●●
- Total funding raised: $●●●m
- Backers: ●●●●●●●●●●
- Acquisitions: ●●
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Imagine Learning
HQ: United States
Website
- Description: Provider of digital-first curriculum solutions that harness technology to provide focused language and literacy instruction for 21st-century learners.
- Rationale: This competitor operates in a highly similar market segment with overlapping features.
- Company type: Private company
- Employees: ●●●●●
- Total funding raised: $●●●m
- Backers: ●●●●●●●●●●
- Acquisitions: ●●
View full Imagine Learning company profile →
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2.M&A buyers
2.1 Potential strategic acquirers in the sector
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2.2 - Strategic buyer groups for Photomath
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Buyer group 3: ████████ ████████
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3. Investors and private equity firms
3.1 - Buyout funds investing in similar companies to Photomath
2.2 - Growth funds investing in similar companies to Photomath
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4 - Top valuation comps for Photomath
4.2 - Public trading comparable groups for Photomath
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