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Venture Capital News: Magma Math Adds $40 Million in Series A Funding

2024-11-20
NEW YORK, NY, Magma Math, a leading K-12 instructional math platform for teacher efficiency and classroom management, announced the successful closing of its Series A funding round.
Magma Math, a leading K-12 instructional math platform for teacher efficiency and classroom management, announced the successful closing of its Series A funding round, totaling an investment of $40 million. The round was led by Five Elms Capital, with participation from previous investors, team members, and industry experts. The new investment will be used to make Magma Math even better for its students, teachers, and district partners in the US, UK, and Sweden.
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