Magma Math raised $40M in a Series A funding round led by Five Elms Capital to enhance its K-12 math platform and scale operations.
Amount Raised
$40 Million
Round Type
Series A
New YorkEducationE LearningEdtechLanguage LearningInvestors
Description
Magma Math, based in NYC, raised $40M in Series A funding to support research-based math pedagogy and expand its curriculum offerings. The funding will also enhance user experience with AI capabilities and scale its operations.
Quick answer
Magma Math raised $40 Million in a Series A round, dated November 20, 2024. Investors: Five Elms Capital. Magma Math is based in New York, New York, United States.
- How much did Magma Math raise?
- Magma Math raised $40 Million in a Series A round on November 20, 2024.
- Who invested in Magma Math?
- Five Elms Capital is named as investors in this round.
- What does Magma Math do?
- Magma Math is a NYC-based provider of a K-12 instructional math platform focused on enhancing teacher efficiency and classroom management.
- Where is Magma Math based and how big is it?
- Magma Math is based in New York, New York, United States. Fundz records about 115 employees.
- Who are the decision-makers at Magma Math?
- Fundz holds 3 contacts at Magma Math. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
Who else raised in Education and E Learning around the same time
Companies in the same sectors as Magma Math that raised within 45 days of this round, from Fundz verified event records.
- Klassroom Edutech raised an undisclosed amount (Pre-Series A) on January 2, 2025.
- Sparkl Edventure raised $4M (Seed) on December 23, 2024.
- Sparkl Edventure raised $4M (Seed) on December 23, 2024.
- Nectir raised $6.3M (Seed) on December 7, 2024.
- Revyze raised $6M (Seed) on October 8, 2024.
- NumberOne Academy raised $351K (Pre-Seed) on December 30, 2024.
Who to call at Magma Math, and when
A new round usually means Magma Math is about to hire and buy. The teams that reach out first get the meeting.
- An alert the day Magma Math raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at Magma Math, from your own LinkedIn network
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Funding Insights
What this usually meansMagma Math raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.
145 of these a day, filtered to the companies you pick, with the decision-maker attached.
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