How Much Did 99math Raise?
Funding & Key Investors

99math, an educational technology platform, has secured significant enterprise-level funding, with its most recent capital infusion being a major strategic investment. The total funding amount remains undisclosed as $2.6M, while the recent financing round also uses the placeholder $2.1M for its exact value. This strategic backing positions 99math for substantial growth and further development in the gamified learning sector.

What is 99math?

99math
SoftwareMultimedia, Games & Graphics SoftwareEducation

99math is a free digital tool designed for educators and schools, aiming to enhance student engagement through game-based learning experiences. The platform provides a robust environment for practicing mathematics, making learning more interactive and effective for students. The company's focus on gamification in education addresses a growing need for innovative pedagogical tools that can capture student interest and improve learning outcomes in core subjects like mathematics.

How much funding has 99math raised?

99math has raised a total of $2.6M across 2 funding rounds:

2020

Unspecified

$500K

2022

Other Financing Round

$2.1M

Unspecified (2020): $500K with participation from Martin Villig, Change Ventures, and Good Deed Education Fund

Other Financing Round (2022): $2.1M led by Change Ventures, Flyer One Ventures, and Play Ventures

Key Investors in 99math

Change Ventures

Change Ventures is a seed stage venture capital fund based in the Baltic states, dedicated to supporting ambitious Baltic founders globally. They provide initial investments ranging from 100k to 750k in pre-seed and seed capital, along with hands-on support to help startups achieve product-market fit.

Flyer One Ventures

Flyer One Ventures is a seed-stage venture capital firm that invests in European founders developing global startups, particularly in the CEE and Ukrainian regions. The firm focuses on the application layer of global software, providing investments of up to 1.5 million at the pre-seed and seed stages.

Play Ventures

Play Ventures is the leading early stage gaming venture capital firm with offices in Singapore and Helsinki, Finland. Founded by gaming industry veterans Henric Suuronen and Harri Manninen, who have made successful exits to King and Disney respectively, Play Ventures invests globally in pre-seed and seed stage gaming startups.

What's next for 99math?

The recent major strategic investment suggests a pivotal phase for 99math, likely indicating a move towards scaling its operations, expanding its feature set, or entering new market segments. The enterprise-level funding context implies a focus on institutional adoption and partnerships, potentially targeting larger school districts or educational networks. Future developments may include enhanced analytics for teachers, broader curriculum integration, and advanced gamification mechanics to further solidify its position in the competitive EdTech landscape. The company's trajectory points towards becoming a key player in making math education more accessible and engaging globally.

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Frequently Asked Questions Regarding 99math Financial Insights

What are the most recent funding rounds that 99math has completed, and what were the funding rounds?
99math has recently completed 2 funding rounds: Other Financing Round on Jul 1, 2022, Unspecified on Jan 29, 2020.
What is the total amount of funding 99math has raised to date?
99math has raised a total of $2.6M in funding to date.
How many funding rounds has 99math completed?
99math has completed 2 funding rounds.
How much funding did 99math raise in its most recent funding round?
99math raised $2.1M in its most recent funding round.
Who are the lead investors in 99math's latest funding round?
The lead investor in 99math's latest funding round was Change Ventures. To access investor data and explore similar companies, sign up for ZoomInfo.
Which was the largest funding round in 99math's history?
The largest funding round in 99math's history was $2.1M.
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