# Innovamat Education, SL

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/innovamat-education-sl

- Industry: Education/Training
- Headquarters: Barcelona, Spain
- Website: www.innovamat.com
- Total disclosed funding: $21M
- Latest round: Series A (Mar 6, 2023)
- Investors on record: 7

## About

Based in Barcelona, Spain, and co-founded by Andreu Dotti, Isaac Sayol, and Alex Espinet in 2017, Innovamat Education, SL operates as an e-learning company offering a platform for teachers assisting them in teaching mathematics. In March 2023, the firm raised EUR 20 million in series A funding co-led by investors Bonsai Partners, Kibo Ventures, and Reach Capital, with participation from other investors 10X Investments (Pty) Ltd., Axon Partners Group, Barlon Capital, and Dozen Investments. The firm as of March 2023 has collaborated with 15,000 teachers from more than 2,000 centers in European and Latin American countries including Spain, Italy, Mexico, Colombia, Chile, Ecuador, Brazil, and Peru.

The company offers on-demand training in mathematics and related curriculum for teachers. The company's curriculum recommendations for schools and teachers include a Childish Plan to train children's mathematical vision through play, art, architecture, and the Innovamat app; a Primary Plan for formula and multiplication table problem-solving and abstract reasoning; and a Secondary Plan for solving equations with a diversity of solutions through sessions, didactic guides. Innovamat also provides home-based mathematics learning and improvement programs for families and children through its mobile application, Bmath, available on iOS and Android, that offers resources and activities, practice sets, and gamified environment in English, Spanish, Catalan and Basque languages, for kids between the ages of 3 and 12.

## Funding rounds

- Series A, Mar 6, 2023, $21M — Axon Partners Group, Kibo Ventures, Reach Capital, 10X Investments (Pty) Ltd., Bonsai Partners, Barlon Capital, Dozen Investments

## Investors

- Axon Partners Group (https://capitalatlas.ai/funds/axon-partners-group) — Series A
- Kibo Ventures (https://capitalatlas.ai/funds/kibo-ventures) — Series A
- Reach Capital — Series A
- 10X Investments (Pty) Ltd. — Series A
- Bonsai Partners (https://capitalatlas.ai/funds/bonsai-partners) — Series A
- Barlon Capital (https://capitalatlas.ai/funds/barlon-capital) — Series A
- Dozen Investments (https://capitalatlas.ai/funds/dozen-investments) — Series A