# Mathpang

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/mathpang

- Industry: Education/Training
- Headquarters: Seoul, South Korea
- Website: www.mathpang.com
- Total disclosed funding: $0.5M
- Latest round: Seed (Feb 18, 2021)
- Investors on record: 1

## About

Mathpang develops advanced mathematical software solutions to enhance educational experiences for students and educators. Their innovative platform offers personalized learning in mathematics through intelligent algorithms that adapt to user performance.Founded in 2021 and headquartered in Seoul, South Korea, Mathpang focuses on providing interactive educational solutions. The firm has completed a Seed funding round in February 2021, raising a total of KRW 500 million from Spring Camp. The company has executed one deal since its inception, with no known pivots or subsidiary relationships. The CEO, David Son, along with Jinyoung Song, leads the company's mission to enhance math education.MathPang specializes in advanced mathematical software solutions aimed at optimizing educational experiences for students and educators. Their flagship product, MathPang, functions as an interactive platform designed to facilitate personalized learning in mathematics. The software employs intelligent algorithms to assess individual user performance, adapting the curriculum to meet the specific needs of each student. This approach is intended to enhance comprehension and retention by providing tailored practice problems and instructional materials. MathPang primarily serves K-12 educational institutions and tutoring centers, with a growing user base among parents seeking effective tools for supporting their children’s learning. The company markets its products across various regions, including North America, Europe, and Asia, reflecting a commitment to improving math education on a global scale.MathPang generates revenue through a subscription-based model, providing schools and individual users with tiered access to its software features. Institutions typically enter into annual contracts that allow them to license the platform for their students, with additional options for premium features and enhanced analytics services. Individual clients, including parents and tutors, can purchase monthly or yearly subscriptions, granting them access to personalized learning resources and progress tracking tools. Pricing plans are structured to accommodate different user needs, ensuring accessibility for a wide range of educational settings. The company’s revenue streams are complemented by partnerships with educational organizations that promote MathPang as a supplementary resource, further solidifying its presence in the market.With the KRW 500 million raised in Seed funding in February 2021, Mathpang plans to enhance its platform by developing new features aimed at improving user engagement and learning outcomes. The company is exploring expansion into North American and European markets by the end of 2023, aiming to establish partnerships with educational institutions in these regions. The funding will support technological upgrades and marketing efforts to penetrate these new markets.

## Funding rounds

- Seed, Feb 18, 2021, $0.5M — Spring Camp

## Investors

- Spring Camp (https://capitalatlas.ai/funds/spring-camp) — Seed