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Innovamat

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Proposals for manipulative approaches to mathematics, created by experts and professors in didactics. Mathematics in Elementary School and Early Years. The K-12 Math Curriculum that teachers and…

Barcelona, SpainFounded 2017Edtech
Valuation $100–250M Last recorded · 2023
Revenue $10–50M Latest reported FY
Headcount 100–500 Current team size
Total funding $10–50M Disclosed equity funding
Unlock exact values This page shows ranges. Dealroom has the exact numbers for Innovamat and the history behind them.

About Innovamat

Innovamat is an educational technology company that has developed a platform aimed at transforming mathematics education for students from early childhood through secondary school. The firm was established in 2017 by a team with diverse and relevant backgrounds: Isaac Sayol, a mathematician and data scientist; Alex Coba, a computer scientist and entrepreneur; and Cecilia Bosch, a primary school teacher and mathematics specialist. This blend of expertise in mathematics, technology, and pedagogy forms the foundation of the company's approach. The venture originated from the founders' shared concern over traditional, memorization-based math teaching methods and a desire to make the subject more engaging and conceptually understandable for students.

The company operates in the K-12 education market, directly serving schools and teachers. Its business model is based on providing a comprehensive curricular proposal that includes a wide array of resources. These resources range from manipulable materials for hands-on learning to digital platforms featuring interactive activities and games, complemented by detailed teacher training and support. Revenue is generated through subscriptions or licensing fees paid by educational institutions for access to this integrated system.

Innovamat's core offering is a structured pedagogical program that guides students through mathematical concepts in a scaffolded manner, starting with concrete manipulation, moving to pictorial representation, and finally to abstract symbols. The platform provides personalized learning paths, allowing students to progress at their own pace while enabling teachers to monitor progress and identify areas where intervention is needed. A key differentiator is its focus on problem-solving and critical thinking rather than rote learning, aiming to build a solid and lasting understanding of mathematics. The company has achieved significant milestones, including rapid expansion into various regions of Spain and entry into international markets such as Italy and several Latin American countries, serving thousands of schools and hundreds of thousands of students.

Source: Dealroom company data

At a glance

Status
Operational
Founded
2017
Headquarters
Barcelona, Spain
Employees
372
Open positions
None listed
Dealroom signal
77.5/100
Industry
Education
Sub-industry
Learning Tools and Resources
Sector
Edtech, K-12, Steam
Business model
SaaS
Client focus
b2b, b2c

Funding history

4 recorded events

Company financing events and reported valuations.

Deal typeDateAmountValuationInvestorsSource
SERIES A✓Equity / VC Mar 2023 $22M $88M Barlon Capital · Bonsai Partners · Reach Capital · Axon Partners Group ↗
SEED✓Equity / VC Jan 2019 $803K $3.2M Dozen Investments ↗
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Financials

Revenue, earnings and profit over time

Revenue, earnings and other financial measures where available. Years marked “E” are estimates.

YearRevenueGrowthProfitMargin
2026
2025
2024
2023
2022 —
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Growth signals

Innovamat website traffic

Latest recorded traffic for Innovamat is 310 monthly website visits. Innovamat's team grew 8.1% over the past year.

Latest monthly visits310 1-year team growth+8.1%
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Similar companies

Closest operating peers by Dealroom taxonomy

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Investments and acquisitions

Capital deployed

Recent portfolio relationships for companies that also act as investors or acquirers.

Investors

14 investors on the cap table

From Dealroom's funding and investor records, grouped by the round each investor first entered.

Seed2 investors entered at this stage

  • WA4STEAM
  • Dozen Investments

Series A6 investors entered at this stage

Other known investors6 additional known investors

  • 10x Founders
  • 10X Investments
  • ENISA
  • Enric Solé
  • Pinama
  • SEK Lab EdTech Accelerator
Team profiled 19 named & role-tagged
Founders Hidden — book a demo/100 quality score
Key operators 6 quality Hidden — book a demo/100
Potential founders Hidden — book a demo likely future founders
Startup mafia Hidden — book a demo alumni-founded startups
Talent movements Hidden — book a demo in · Hidden — book a demo out past 12 months

Source: Dealroom Talent Intelligence.

Global footprint

Workforce and web traffic by country
Workforce by country
10 countries with
team presence
🇪🇸 Spain66.1%
🇲🇽 Mexico11.1%
🇺🇸 United States9.4%
🇮🇹 Italy3.9%
🇧🇷 Brazil2.9%
Top 5 of 10 shown

Market sentiment

Posts on X, past 7 days

An AI-synthesised read of the highest-engagement posts about Innovamat on X, ranked by likes and reposts, corporate channels excluded.

Reading the room on X — pulling top posts and synthesizing themes…

Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour

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