Magma Math Raises $10 Million to Expand AI-Powered Math Platform

Oct 21, 2025
Magma Math has secured $10 million in funding from Five Elms Capital to expand its AI-powered K-12 math instruction platform globally and advance its AI innovations.

Magma Math has secured an additional $10 million in funding from current investor Five Elms Capital, announced in a press release. The investment will support the company’s global expansion and further development of its AI-powered instructional tools for K-12 math education.

Founded in 2015, Magma Math provides an AI-driven platform that enables teachers to visualize student thinking in real time and personalize instruction. The company reports that classrooms using its platform have seen up to a 400% increase in math outcomes compared to those without it.

With the new funding, Magma Math plans to expand its team, scale its AI capabilities, and extend its reach to more schools worldwide. The company also recently received support from the Gates Foundation to develop teacher-focused AI tools that interpret student reasoning and deliver actionable insights.

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