99math Raises $500K in Funding

99math

99math, a Tallinn, Estonia-based startup that created eSports style competitions for math students, raised $500k in funding.

Change Ventures led the funding round, joined by the Good Deed Education Fund and Martin Villig, co-founder of Estonian unicorn startup Bolt.

The company intends to use the funds to accelerate its growth.

Co-founded by a 19-year-old Estonian recent high school grad and gaming lover, Timo Timmi, 99math has already had 30,000 elementary students from around the world participate in its eSports style math league. The learning platform created “Math Game Days” where math students face-off in real-time math battles with live viewers. The platform is free to use for both kids and teachers. Tõnis Kusmin, a serial entrepreneur and founder of Tebo, a platform of teacher-generated lesson content has also joined the team.

FinSMEs

29/01/2020

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