Popular math app Photomath hits 100m downloads and bags $6m funding

Ben Heathcote | November 9, 2018

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Photomath, the Croatian app which helps users understand and master maths, has raised $6 million and revealed that it has surpassed 100 million downloads. The funding round was led by Goodwater Capital, with Learn Capital also participating, according to TechCrunch.

Photomath first launched in 2014 and has since become one of the most downloaded apps in the App Store and Play Store. Described as a smart camera calculator, the app lets users point their cameras at a mathematical problem and provides the answer almost immediately on screen, with step-by-step instructions.

In 2016, the company released an updated version of the app which could solve handwritten problems, not just those in printed text.

With 100 million downloads so far, founder Damir Sabol revealed earlier this year that Photomath had around 15 million users around the world.

The $6 million marks the company’s first Series A round, after raising seed funding in 2016, according to Crunchbase.

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