Magma Math

Magma Math is an artificial intelligence company in Stockholm, Sweden, founded in 2015. It has raised $55.0M across 3 rounds, most recently a $10.0M Extension Round in October 2025.

The K-12 Math Platform to Advance Student Learning

Headquarters
Stockholm
Employees
51–200
Founded
2015
Business Model
B2B
Total Funding
$55.0M
Last Round
$10.0M Extension RoundOct 2025
Rounds
3

Totals include recorded grants and other qualifying funding, not just equity. What counts toward funding.

Indexed holds 3 funding rounds and 1 investor for this company. The full record is or through the API.

About

Magma Math provides a mathematics platform that supports teachers with prepared lessons designed to make student thinking visible. Those lessons help teachers make informed instructional decisions and create opportunities for deeper discussions led by students. The platform also supports collaboration around students’ mathematical thinking.

Summary

It lists 51–200 employees. It has raised $55.0M in total across 3 rounds, most recently a $10.0M Extension Round in Oct 2025. Investors include Five Elms Capital.

Tech & App Stack

8 technologies & apps tracked

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Funding History

Data from Indexed.vcUpdated
Extension RoundExtension RoundOct 2025
$10.0M

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Funding: Series A through Extension Round. Amounts, valuations, and investors where available.

Investors

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