What is QANDA?
Mathpresso is the developer behind QANDA, a sophisticated AI-driven mobile application designed to democratize access to high-quality education. By enabling students to receive immediate, step-by-step solutions to complex mathematical problems, the platform effectively bridges the gap between traditional classroom instruction and personalized, on-demand learning. Headquartered in Seoul with strategic operational hubs in Tokyo and Hanoi, the company utilizes proprietary machine learning algorithms to curate customized learning resources. Its market position is defined by a focus on low-cost, high-impact educational accessibility, catering to a diverse user base that spans multiple academic levels and geographic regions.
How much funding has QANDA raised?
QANDA has raised a total of $97.8M across 4 funding rounds:
Series A
$5.3M
Series B
$14.5M
Series C
$70M
Other Financing Round
$8M
Series A (2018): $5.3M with participation from smile gate investment and SOFTBANK Korea Co.
Series B (2019): $14.5M led by InterVest, NP Investments, Mirae Asset Global Investments, and Legend Capital
Series C (2022): $70M supported by Goodwater Capital, Signite Partners, KDB, YBM, GGV Capital, and YellowDog
Other Financing Round (2023): $8M featuring KT
Key Investors in QANDA
Goodwater Capital
Goodwater Capital is a consumer tech investment firm that empowers exceptional entrepreneurs to create positive change in the world, focusing on innovative companies across financial services, retail, and healthcare.
GGV Capital
A global venture firm co-founded in Silicon Valley and Singapore, GGV Capital invests in seed-to-growth stage companies across social, internet, and enterprise technology sectors.
KT
KT Corporation is the largest integrated telecom and digital platform service provider in South Korea, offering a wide range of digital transformation services including cloud and AI solutions.
What's next for QANDA?
With the support of its latest strategic financing, QANDA is poised to accelerate its product development roadmap, focusing on deeper AI integration and the expansion of its content library. The company is expected to leverage its recent capital to strengthen its presence in key Asian markets while exploring further technological advancements in automated pedagogical support. As the EdTech sector continues to consolidate, Mathpresso's focus on B2B communications and digital transformation—supported by its diverse investor base—suggests a strategic pivot toward broader enterprise-level educational services and enhanced platform monetization strategies.
See full QANDA company page
