What is Numerade?
Founded in 2018 and headquartered in Los Angeles, California, Numerade operates as a free online education platform dedicated to providing equitable access to high-quality instruction. The platform boasts an extensive library of over 300,000 step-by-step video solutions covering popular STEM textbooks and leading test preparation materials. Numerade's content spans Physics, Chemistry, Math, Biology, Engineering, and Economics, featuring teacher-made videos and full courses. Additionally, its "Office Hours" feature enables educators to create short video lessons for asynchronous student support, fostering a secure learning environment. To date, Numerade has empowered more than 2 million students globally.
How much funding has Numerade raised?
Numerade has raised a total of $26M across 1 funding round:
Series A
$26M
Series A (2021): $26M with participation from IDG Capital
Key Investors in Numerade
IDG Capital
IDG Capital is a prominent investment firm that has backed numerous technology and growth-stage companies, likely focusing on sectors with significant market potential and scalability.
What's next for Numerade?
The recent major strategic investment in Numerade signals a strong validation of its business model and its impact on the online education sector. This infusion of capital is likely to fuel further expansion of its content library, enhance its technological infrastructure, and broaden its reach to a larger student demographic. As Numerade continues to scale, its focus on providing accessible, high-quality STEM education is poised to solidify its position as a leader in the ed-tech industry, potentially preparing it for future growth phases or strategic partnerships.
See full Numerade company page
