M
Magma Math
Edtech · Stockholm, Sweden · Founded 2015
Enables better working methods in the classroom MoreLess
Digital math tool for primary and secondary schools, designed to assist teachers in making more informed instructional decisions. The platform provides teachers with a quick understanding of each student's challenges, enabling them to provide the right support at the right time.
Its main features include handwritten solutions, automatic correction, and customizable content. The business model is based on a subscription service for schools and educators.
Keywords: mathematics, education, edtech, student assessment, e-learning, personalized learning, teacher tools, digital curriculum, handwritten recognition, academic performance
Company overview
Magma Math company information
The essential company record, classifications and operating signals in one place.
- Status
- Operational
- Founded
- 2015
- Headquarters
- Stockholm, Sweden
- Employees
- 105
- Open positions
- None listed
- Dealroom signal
- 93.7
Valuation & funding
Magma Math funding history
Company financing events and reported valuations.
| Deal type | Date | Amount | Valuation | Investors | Source |
|---|---|---|---|---|---|
| LATE VCOther financing | Oct 2025 | $11M | $260M | Five Elms Capital | ↗ |
| LATE VCOther financing | Nov 2024 | $52M | $208M | Five Elms Capital | ↗ |
| LATE VCOther financing | Jul 2022 | $6.3M | $28M | Per Emanuelsson · William Olsson · Kim Olsson · Fros Ventures | ↗ |
| SEEDOther financing | Mar 2021 | $0 | — | Sätila Holding | — |
Financials
Revenue and workforce over time
Available revenue and workforce history. Fields without reported data are omitted.
| Year | Revenue | Growth | Employees |
|---|---|---|---|
| 2026 | $5.6M | 0% | 105 |
| 2025 | $5.6M | 0% | 105 |
| 2024 | $5.6M | +64% | 76 |
| 2023 | $3.4M | +70.7% | 30 |
| 2022 | $2M | +87.1% | 15 |
| 2021 | $1.1M | +86.4% | 16 |
| 2020 | $579K | — | — |
Growth signals
Magma Math website traffic
Latest recorded traffic for Magma Math is 33K monthly website visits, down 81.7% over the last three months. Magma Math's team grew 0% over the past year.
Comparisons
Magma Math compared with similar companies
Dealroom’s weighted taxonomy model identifies the closest operating peers. Company identity and context stay open; selected comparison metrics preview what is available in the platform.
| Company | Headquarters | Status | Employees | Total funding | Valuation |
|---|---|---|---|---|---|
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— | Operational | 34 | — | — |
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 Career UttsavCareer guidance events for high school students. |
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 SOE BANGLABengali-medium digital education and exam preparation platform |
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Talent graph
Magma Math's talent
Source: Dealroom Talent Intelligence.
Investors
6 investors on Magma Math's cap table
Sourced from Dealroom's funding and investor records.
Global footprint
Where Magma Math has talent and traffic
team presence
In the news
Latest news about Magma Math
Recent press, funding announcements, and product moves mentioning Magma Math — open to read from the original sources.
Market sentiment
What the market is saying about Magma Math
An AI-synthesized read of the highest-engagement posts about Magma Math on X over the past 7 days. We rank by likes & retweets, ignore corporate channels, and surface the themes that broke out from real people.
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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