How Much Did Woot Math Raise?
Funding & Key Investors

Woot Math, a company that provided engaging, research-based tools for mathematics education, has concluded its operations but continues to offer a hub of free resources. The company's financial history includes a total funding amount of $2.4M and a recent funding amount of $150K, indicating significant capital infusion throughout its development. The recent funding, characterized as a major strategic investment, suggests a pivotal moment in the company's trajectory, potentially aimed at scaling its impact or transitioning its assets.

What is Woot Math?

Woot Math
SoftwareFinancial SoftwareEducation

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:

2015

Series A

$1M

2016

Private Equity

$1.3M

2020

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.

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Frequently Asked Questions Regarding Woot Math Financial Insights

What are the most recent funding rounds that Woot Math has completed, and what were the funding rounds?
Woot Math has recently completed 3 funding rounds: Debt on Apr 15, 2020, Private Equity on May 19, 2016, Series A on Feb 8, 2015.
What is the total amount of funding Woot Math has raised to date?
Woot Math has raised a total of $2.4M in funding to date.
How many funding rounds has Woot Math completed?
Woot Math has completed 3 funding rounds.
How much funding did Woot Math raise in its most recent funding round?
Woot Math raised $150K in its most recent funding round.
Who are the lead investors in Woot Math's latest funding round?
The lead investor in Woot Math's latest funding round was PPP. To access investor data and explore similar companies, sign up for ZoomInfo.
Which was the largest funding round in Woot Math's history?
The largest funding round in Woot Math's history was $1.3M.
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