MathCrunch, a San Francisco-based edtech startup that offers on-demand math tutoring via mobile devices, received additional funding from from Stanford University’s StartX Fund. Along with the investment comes the launch of a subscription model for students who need regular tutoring sessions.
Founded in 2014, MathCrunch surpassed 100,000 student sign‐ups and completed over 200,000 successful math-tutoring sessions.
Stanford University’s StartX Fund Backs MathCrunch, Mobile EdTech Company Providing Students with One-on-One On-Demand Math Tutoring, To Support Further Platform Development
New funding to support further development of tutoring platform, flexible subscription model and mark-up tool designed to empower students with the skills and confidence necessary to succeed
SAN FRANCISCO, Sept. 22, 2015 — MathCrunch, the on-demand mobile tutoring company, today announced that it has received funding from Stanford University’s StartX Fund. MathCrunch will use the investment to enhance the quality of tutoring sessions on its platform, add more advanced product features and grow its fleet of tutors to accommodate its rapid growth. The company is focused on helping students gain the confidence and skills they need to succeed at math by providing one‐on‐one live tutoring to students via chat on their mobile phones — 24 hours a day, 7 days a week. In its first year alone, MathCrunch surpassed 100,000 student sign‐ups and completed over 200,000 successful math-tutoring sessions.
“We are very excited to announce our investment in MathCrunch. Over the last few months with StartX, MathCrunch has grown from a convenient service for students to an education platform that we believe will fundamentally improve the way students learn,” says Cameron Teitelman, Founder and CEO of StartX. “MathCrunch is not just building an on-demand marketplace that will disrupt the traditional tutoring industry, they are on a mission to make quality, one-on-one learning accessible, convenient, and affordable to every student. Sawiris and his team are leveraging the right technology to make that vision a reality, and that’s a vision we can stand behind.”
“MathCrunch utilizes mobile chats, the preferred communication platform of today’s young learners, into a service that can help them excel academically,” said Naguib Sawiris, Founder and CEO of MathCrunch. “What sets MathCrunch apart is not simply our ability to connect students faster, but also that we invest heavily in the development of our tutors, and incorporate the most effective teaching techniques to serve various learning styles and needs of our students. ”
MathCrunch is furthering its commitment to quality and educational excellence with a 360-degree tutor rating system, whereby tutors are reviewed both by students and by senior tutors who evaluate the tutors teaching performance on a nine-point system and provide in‐depth feedback. In addition, MathCrunch is introducing a new image markup feature that allows students to draw on the photo of the problem they submit. This mimics a virtual whiteboard for both students and instructors, creating for a more interactive and efficient dialogue.
MathCrunch’s new subscription model will allow its service to be even more accessible and affordable. Subscribing to MathCrunch enables students to connect to tutors faster with priority matching, and saves users as much as 33% compared to their pay-as-you-go pricing. As opposed to traditional tutoring, which can cost up to $80‐$100 per one‐hour session, MathCrunch’s subscription pricing starts at $23.99 for 60 minutes of service per month, $44.99 for 120 minutes, and $79,99 for 240 minutes. MathCrunch sessions cater to student’s limited attention spans and individual needs, with sessions lasting as short as 10 minutes and as long as 2 hours.
“Our new subscription plans make it very easy for our students and their parents to fit highly‐effective and professional math tutoring into their budget. Quality education doesn’t have to be reserved for only the affluent. We want to make one-on-one learning available to every student in the country at any time,” said Sawiris.
Unlike the traditional tutoring model, MathCrunch eliminates all scheduling hassles because students do not need to be in the same location as their tutor. Students simply snap and send photos of their math problems through the app and are connected to a highly-trained, professional tutor within minutes.
Math anxiety is a widespread problem that prevents students from understanding the material and reaching their full potential in school. MathCrunch was founded to address the serious achievement gaps that plague our educational system, especially when it comes to math, by making personalized, one‐on‐one learning available to students anywhere, anytime, via their smartphones.
MathCrunch is a chat based mobile tutoring company that instantly connects students to tutors on demand, 24/7. Students receive highly affordable, convenient and effective one‐on‐one tutoring from experienced math tutors without the hassle of scheduling or in‐person meeting. MathCrunch tutors receive ongoing training on best-in-class teaching methods and weekly feedback from senior tutors. Based in San Francisco, MathCrunch was founded in 2014 and is backed by Slow Ventures, Floodgate, Index Ventures, Sherpa Ventures, and Formation 8. Learn more at www.mathcrunch.com.