MathCrunch, a San Francisco, CA-based on-demand mobile tutoring company, received funding from Stanford University’s StartX Fund.
The amount of the deal was not disclosed.
The company will use the funds to enhance the quality of tutoring sessions on its platform, add more advanced product features and grow its fleet of tutors.
The company is focused on helping students gain the confidence and skills they need to succeed at math by providing one-on-one live tutoring to students via chat on their mobile phones — 24 hours a day, 7 days a week. In its first year alone, MathCrunch surpassed 100,000 student sign-ups and completed over 200,000 successful math-tutoring sessions.
Founded in 2014 by Naguib Sawiris, CEO, MathCrunch is a chat based mobile tutoring company that instantly connects students to tutors on demand, 24/7. Students receive one-on-one tutoring from math tutors without scheduling or in-person meeting. Tutors receive ongoing training on teaching methods and weekly feedback from senior tutors.
The app is available in the iTunes Store and Google Play.
The company is also backed by Slow Ventures, Floodgate, Index Ventures, Sherpa Ventures, and Formation 8.
FinSMEs
23/09/2015