Numerade
Numerade is a technology company.
Financial History
Numerade has raised $26.0M across 1 funding round.
Frequently Asked Questions
How much funding has Numerade raised?
Numerade has raised $26.0M in total across 1 funding round.
Numerade is a technology company.
Numerade has raised $26.0M across 1 funding round.
Numerade has raised $26.0M in total across 1 funding round.
Numerade has raised $26.0M in total across 1 funding round.
Numerade's investors include Curie.Bio, Entrepreneur First, Flexcap, Founder Collective, Operator Stack, Red Swan Ventures, Spark Capital, Team Ignite Ventures, Jonathan Lenson, Nicky Goulimis.
Numerade is a leading edtech company building a generative AI-powered learning platform focused on STEM education. It offers video solutions to textbook questions, custom educator videos, AI tutoring via its core product Ace, and tools like AI-generated study plans, flashcards, quizzes, and lecture notes (Scribe), serving millions of students worldwide by making high-quality STEM tutoring accessible and affordable.[1][2][3][4] The platform solves the opportunity gap in STEM learning—exacerbated by remote education during COVID-19—by providing short-form, step-by-step videos from top educators and AI personalization at a fraction of private tutor costs ($50–$100/hour), with over 100 million videos in its library, the largest online STEM collection.[1][3][4][5] Numerade has shown strong growth, raising $26 million in Series A funding two years ago to expand its video library and AI capabilities, now supporting over 200 million students through hybrid educator-AI experiences.[1][4]
Numerade was founded in 2019 (with some sources noting 2018) in Pasadena, California, by co-founders including CEO Nhon Ma, who brought together expertise to address educational inequities in supplemental STEM learning.[2][4][5] Ma and his partners identified gaps in access to quality tutoring, particularly post-COVID, and launched the platform to merge professional educators' content with AI, starting with video solutions matched to textbook problems from over 60,000 educators worldwide.[1][3][4] Early traction came from building the world's largest STEM video library (now over 100 million videos) and pivotal AI advancements like Ace, fueled by $26 million Series A funding that accelerated proprietary tutor tech development amid the edtech resurgence.[1][2][4]
Numerade stands out in the crowded edtech space through its hybrid human-AI model emphasizing comprehension over rote answers:
Numerade rides the edtech renaissance and AI democratization wave, timing perfectly with post-pandemic remote learning demands and the explosion of generative AI like LLMs.[1][2][5] Market forces favoring it include rising STEM skill shortages, parental demand for affordable tutoring amid $50–$100/hour costs, and student preference for TikTok-style short videos over traditional methods.[1][5] By blending 60,000 educators' expertise with AI, it influences the ecosystem by scaling elite pedagogy globally, supporting summer school reimagination, and enabling hybrid tools that keep humans in the loop for accuracy—positioning it against competitors like Quizgecko or YouMakr in personalized assessment and content generation.[2][4][5]
Numerade is poised to dominate AI-STEM tutoring with expansions like full textbook uploads, AI flashcards, and Scribe, potentially capturing more of the growing edtech market as schools integrate hybrid tools.[4][5] Trends like multimodal AI, real-time personalization, and educator-AI hybrids will shape its path, evolving its influence from video library leader to comprehensive learning companion for 200+ million users. As AI refines accuracy and scales affordability, Numerade could further close global STEM gaps, building on its Series A momentum to redefine accessible education.
Numerade has raised $26.0M across 1 funding round. Most recently, it raised $26.0M Series A in August 2021.
| Date | Round | Lead Investors | Other Investors |
|---|---|---|---|
| Aug 1, 2021 | $26.0M Series A | Curie.Bio, Entrepreneur First, Flexcap, Founder Collective, Operator Stack, Red Swan Ventures, Spark Capital, Team Ignite Ventures, Jonathan Lenson, Nicky Goulimis |