Math App Developer, Tabtor Math Raises $3.7M Series A

Financing

Math App Developer, Tabtor Math Raises $3.7M Series A

May 16, 2016

TABTOR MATH, which offers a math app for students in grade K-8, has raised $3.7 million in a Series A round led by Syven Capital. John Katzman, CEO of The Noodle Companies (and previously of The Princeton Review and 2U) also invested. Based in Kendall Park, NJ, Tabtor Math’s tool requires students to solve problems by scribbling on the tablet with their fingers or a stylus, after which a dedicated tutor reviews the work and offers feedback. Additional features include “Active Replay Technology” that allows parents and instructors to playback students’ penstrokes. Pricing ranges from $30 to $100 per month.

The company claims more than 60,000 students across 12 countries are using the tool. More details from the release. The company is also attempting to tackle the tutoring market by encouraging prospective and existing businesses to use its app.

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