What is Woot Math?
Woot Math was dedicated to enhancing mathematics education through innovative, research-backed tools designed to support teachers in reaching and assisting students. While the company is no longer actively developing new products, its legacy persists through a repository of free, research-backed resources, including math games and online activities. Its technology has been instrumental in supporting organizations like Saga Education in delivering high-impact tutoring to underserved youth. The company was also in the process of reimagining successful offerings such as Adaptive Practice and Polls, demonstrating a continued commitment to educational advancement.
How much funding has Woot Math raised?
Woot Math has raised a total of $2.4M across 3 funding rounds:
Series A
$1M
Private Equity
$1.3M
Debt
$150K
Series A (2015): $1M with participation from Foundry Group
Private Equity (2016): $1.3M, investors not publicly disclosed
Debt (2020): $150K supported by PPP
Key Investors in Woot Math
Foundry Group
Foundry Group is a venture capital firm specializing in early-stage information technology, Internet, and software startups. They provide capital and leverage their extensive experience and network to help entrepreneurs build successful companies.
PPP
Public-Private Partnership
What's next for Woot Math?
Although Woot Math has ceased active operations, its existing infrastructure and resources, particularly its adaptive practice and poll technologies, may be leveraged for future educational initiatives or partnerships. The company's historical funding, including a Series A round and private equity, points to a growth-oriented strategy during its operational phase. The recent debt financing could have been for operational continuity or a strategic pivot. The continued availability of its free resources suggests a lasting commitment to supporting mathematics education, potentially through ongoing maintenance or a transition to a non-profit model.
See full Woot Math company page