Magma Math, a NYC-based provider of a K-12 instructional math platform for teacher efficiency and classroom management, raised $40M in Series A funding.
The round was led by Five Elms Capital, with participation from previous investors, team members, and industry experts.
The company intends to use the funds to support research-based math pedagogy by expanding curriculum offerings, enhance user experience with AI capabilities, and scale its operations.
Led by CEO Henrik Appert, Magma Math is a provider of a K-12 platform that enables students to show their thinking and helps teachers enable good math pedagogy, whilst saving time. Aligned with state standards, it supports formative assessments, mathematical discourse, student-centered learning and deeper math understanding while integrating with classroom technology to drive academic growth.
FinSMEs
20/11/2024