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| Formerly | Matteappen |
|---|---|
| Type | Private |
| Industry | Educational technology |
| Founded | 2015 in Stockholm, Sweden |
| Founders | Henrik Appert, Arvid Gilljam |
| Headquarters | , Sweden |
| Products | Mathematics learning platform |
| Website | www |
Magma Math is a Swedish educational technology company that develops a mathematics learning platform for schools, covering both primary and secondary education. The app allows teachers to assign interactive math tasks and view students' work and performance in real time, supporting formative assessment.[1]
The company operates in Sweden, the United Kingdom, the United States, Canada, Germany, and Poland. The curriculum is aligned with the respective country's program.[2]
Magma Math was founded in 2015 by Henrik Appert and Arvid Gilljam in Stockholm, Sweden. The founders have said they created the platform in response to declining mathematics performance in schools and the difficulty teachers faced in identifying learning gaps before exams.[3] The product first launched under the name Matteappen ("the math app" in Swedish) in Swedish primary schools.[4] The company rebranded as Magma Math and started expanding into the United States in 2021.[4] In November 2024, it secured a $40 million Series A funding round led by Five Elms Capital, intended to support product development and expansion across the US, the UK, and Sweden.[5][6] In 2025, Five Elms Capital invested an additional $10 million to finance the company's expansion and the progress of artificial intelligence implementation.[7] Magma Math also received funding from the Bill & Melinda Gates Foundation in 2024 to improve math instruction in underserved US school districts.[8]
Magma Math is a digital mathematics learning platform for K-12 classrooms. The platform provides live data on class performance, playback of a student's solution, automated assessment of student work, and generation of tasks at different difficulty levels based on different curricula. Students solve mathematical tasks on a tablet or computer, and the platform includes accessibility features such as multilingual support and text-to-speech.[1]
Magma Math's awards include a triple win at the BETT 2026, in categories 'Primary Digital Learning Product (Numeracy & Maths)', 'International Digital Educational Resource (non-UK)' and 'Company of the Year (<£3m)'.[9]
Category:Educational technology companies of Sweden Category:Companies based in Stockholm Category:Software companies established in 2015 Category:2015 establishments in Sweden Category:Mathematics education
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