AI-Powered Math Tutoring App Photomath Raises $23 Million in Series B

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Photomath is the world’s most helpful math learning platform, with millions of learners of all levels checking their homework study to test. And discover new math every month with access to an entire library of explanations for selected textbooks, including word and geometry problems.

Overview of Math Tutorial App Photomath:

Photomath is one of the world’s most used math learning apps, with over 220 million downloads worldwide. Its mission is to transform learning by helping every student succeed in math. Using the power of AI and Smartphone, Photomath instantly scans and corrects math concepts. From arithmetic to calculus, explain math solutions through step-by-step instructions and animated tutorials. 

How does Photomath Work?

Photomath uses artificial intelligence (AI) technology to recognize math problems and provide sequential explanations for immediate assistance when your child is working. The app has a camera and calculator mode to solve the issues and get step-by-step instructions. Let’s take a look at how both modes work.

Camera mode:

If your child is trying to solve a problem on the worksheet in the textbook or even notes in class, they can use their phone’s camera to take pictures of math problems.

Calculator Mode:

Photomath’s scientific calculator lets you enter or solve math problems. The Photomath app includes:

  • Camera recognition of handwritten or typed issues
  • Detailed step-by-step explanation
  • Multiple solutions to a problem can be solved in several ways.
  • Universal scientific calculator
  • Interactive graph

With AI, Photomath recognizes handwritten or typing problems. It solves the equation almost instantly and provides step-by-step explanations that help understand the solution.

Photomath works without internet, data, and a wifi connection, which means kids, can get help with math homework available anytime, anywhere, without parents worrying about data overload and the strength of the Wi-Fi connection at home.

What is the Interesting Story of Photomath?

There is an interesting story behind the success of the Photomath app. It was originally designed as a demo app for another company called MicroBlink and at the same time, the team was working on text recognition technology. There are plans to sell the core technology to other companies that may find it helpful.

In 2014, they launched MicroBlink at TechCrunch Disrupt in London, and things changed dramatically overnight when Photomath first reached the iOS App Store. Photomath has now attracted over 220 million downloads at the time of writing the article. It is also ranked 59th in the US App Store, one rank above Tinder. But they seem to be unable to manage small European startups.

This app looks more relevant because children and many people spend more time studying at home. They couldn’t quickly raise their hands to call the teacher for help. Photomath is free, and users can choose to pay for Photomath Plus, a premium version with additional features such as dynamic illustrations and animated tutorials.

Why did the Photomath App Raise $23 Million?

Photomath, an AI-powered math teaching app, announced it had raised $23 million in Series B funding and marketing. About 65% of U.S. households with children said they used online learning during the epidemic, and 11% said they had not been in contact with teachers in the past week (as of November 2020). Test scores from 4.4 million students in grades 3 through 8 suggest that students have lost their math fundamentals. 

Photomath reached 220 million downloads during the pandemic. Damir Sabol is a father trying to help his son with his math homework. With the help of computer vision and Smartphone cameras, the app will read and solve math problems. It offers animated calculation steps and instructions on how to do it.

Photomath supports both additional and more complex calculus problems and comes with A “smart calculator” that allows users to enter or solve math problems scanned from the keyboard. You can get charts from the app to help visualize math problems. Many of them were designed by a team of Photomath’s in-house math teachers who researched teaching methods and developed a framework for solving math problems.

Despite competition from AI-powered apps such as Pearson’s Amy, Happy Numbers, and Aida, Sabol sees Photomath as part of the tutoring market expected to grow to more than $132 billion by 2024. People cannot help their children with math, and the pandemic sheds light on the struggles of distance learning students and parents.

There is a clear distinction between families who can find a tutor and those who cannot and are left behind. He said in a statement that Photomath is changing the way students learn. By eliminating the weaknesses and costs associated with learning and digital tutoring. With this final funding round, Photomath will continue to build a much-needed bridge between virtual learning and access to interactive solutions to help all students.

Photomath Features:

The amazing features of the Photomath app that make math a student’s favorite subject are as follows:

  • Scan, pick up and go.
  • A Photomath scan, read, and solves printed math problems using your phone’s camera.
  • It can effectively recognize handwritten issues as well.
  • Step-by-step solution to the problem
  • You won’t get step-by-step answers to your math problems. But there will also be a detailed description of the concept and solutions.
  • You can also get a couple of workarounds and solutions that you can choose from.
  • Animation videos for better understanding and recognition.
  • The free and Photomath price version also shows all calculations and notes through beautiful animated videos.
  • Such animated videos help students who are exceptionally comfortable with understanding and remembering solutions visually.
  • Dedicated app for parents and teachers.
  • Easily detect problems that are defined and accelerate learning in a 1:1 way.

Details about the Photomath Pricing:

Photomath pricing version and Photomath Plus includes both monthly and yearly subscription plans. Photomath Plus is available under in-app purchase. This requires a subscription while downloading the Photomath app. One-month subscription plans cost $2.99 ​​and $19.99, with a variety of additional features and an annual plan for $59.99.

Conclusion:

Photomath has many features that help all ages learn and understand math concepts. Step-by-step explanations written by math teachers help kids Develop a deep understanding of the problems they are solving to feel more mathematically confident.

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