Cuemath

Cuemath

Digital platform offering live classes for school students

Founded

2013

Headquarters

Bengaluru (India)

Status

Series D

Company Details

Website

Socials

Email

Phone

N/A

Cuemath is a global edtech leader specializing in K-12 math and coding education. The company leverages a one-on-one, teacher-led online tutoring model to build intuitive mathematical thinking, serving 200,000+ students across 80+ countries. Cuemath combines proprietary adaptive technology with STEM.org-accredited curricula aligned with US Common Core, CBSE and Cambridge standards.

Core Products and Services

  • Personalized Math Tutoring: Live 1:1 sessions for K-12 students using interactive simulations, worksheets, and real-time feedback.

  • Coding Curriculum: Game/app development (Scratch, Python) and computational thinking modules for grades 1–12.

  • Cuemath Leap Platform: Proprietary LMS hosting 10,000+ visual simulations, adaptive practice sets, and progress analytics.

  • Competitive Exam Prep: IMO/SAT readiness via advanced problem-solving modules.

Business Model & Revenue Streams

  • Subscription Fees (85%): Tiered plans (Basic: free; Premium: $299/year; Classroom: $16/session).

  • Franchise Fees (10%): Teacher onboarding and center licensing (India-focused).

  • Corporate/Institutional Partnerships (5%): Curriculum licensing for schools.

Customer Segmentation

  • B2C (95%): Parents of K-12 students; 60% from metros, 40% tier-2/3 cities.

  • B2B: Limited school partnerships (e.g., CBSE integration pilots).

Top Clients & Partnerships

  • Google for Education: Strategic accreditation partner; enables Google Certified Educator credentials for teachers.

  • Alpha Wave/Peak XV: Lead investors providing scaling capital and global market access.

  • STEM.org: Curriculum validation partner enhancing credibility.

  • Key Client Base: 300,000+ students; top 5% contribute <10% revenue (high diversification).

Future Outlook & Strategic Priorities

  • Global Expansion: Target 100+ countries by 2025; focus on Africa/South America.

  • AI Integration: Adaptive learning algorithms for personalized problem sets.

  • Hybrid Model: Pilot offline centers in India (2024–2025).

  • Macro Pressures: Reduced VC funding for edtech (triggered 2023 layoffs).

Key People

Manan Khurma

Himanshu Gupta

Varun Jha

Key Metrics

Total Equity Funding

$126 Million

No. of Funding Rounds

10

Latest Funding Round

$57 Million, Series D

as of June 1, 2022

Post Money Valuation

$407 Million

as of June 1, 2022

Funding Multiple

3.2

as of June 1, 2022

Investors

Peak XV Partners

and 2 more

Employee Count

2405

Similar Companies

Arivihan

Exit Details

N/A

All Funding Rounds

DateRound NameAmountValuationRevenueRevenue Multiple
Investors
June 1, 2022Series D$57 Million$407 Million$19.3 Million17.7x Alpha Wave Global, Peak XV Partners, CapitalG, Manta Ray Ventures, Kae Capital, Lightrock India, Unitus Ventures, Lightrock
December 7, 2020Series C$40.2 Million$173 Million-- Alpha Wave Global, Peak XV Partners, CapitalG, Manta Ray Ventures
July 8, 2020 Series B$2.9 Million$50.2Million-- Trifecta Capital
December 12, 2019Series B$5.5 Million$52.2Million $3.6Million- Manta Ray Ventures, Peak XV Partners, CapitalG, Trifecta Capital
November 17, 2018Series B$379 K$34.9Million$1.9Million- Trifecta Capital
January 23, 2017Series B$15 Million$45 Million-- CapitalG, Peak XV Partners
March 14, 2016Series A$4.1 Million$12.2 Million-- Peak XV Partners, Unitus Ventures
December 29, 2014Seed$157 K$627 K--Unitus Ventures

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