Photomath raises $6 million for its math-solving app

INSUBCONTINENT EXCLUSIVE:
Photomath just raised a $6 million funding round from Goodwater Capital, with Learn Capital also participating
Photomath has created a hugely successful mobile app for iOS and Android with 100 million downloads so far.Photomath first launched at
TechCrunch Disrupt London back in 2014
The company was working on text recognition technology
Photomath was just a demo app to promote that technology.But the startup accidentally created a consumer success
The app instantly attracted millions of downloads from many desperate students willing to learn math with their phones.Years later it is
still one of the most downloaded apps in the App Store and Play Store
problem
It can be in a book, or it can recognize your own handwriting
The app then gives you a step-by-step explanation to solve the problem.Combining these two things is what makes Photomath useful
WolframAlpha can solve equations, and Evernote can recognize your handwriting
But nobody thought about combining these things.Typing an equation can be hard, so it makes a ton of sense to bridge the gap between the
physical world and smartphones
Before everybody started talking about augmented reality, Photomath was already taking advantage of the system-on-a-chip in your
phone.Photomath is also capable of generating graphs and supports advanced problems, such as limits, integrations, complex numbers, etc
The app solves around 1.2 billion math problems per month.