NEW YORK, 20 October 2025 - Magma Maths, the AI-powered maths platform that empowers teachers and fosters student-centred learning, today announced the completion of a $10 million funding round from existing investor Five Elms Capital. The investment will advance Magma Maths’ mission to transform mathematics education globally, accelerating its international expansion and the development of new AI solutions for teaching and learning.

Since its launch in 2015, Magma Maths has transformed maths education by combining research-based pedagogy with AI-powered technology to save teachers time and deliver truly personalised learning. The platform has demonstrated measurable gains in classrooms - including up to a 400% improvement in maths outcomes compared with classrooms not using Magma Maths. With this new funding, the company will scale its AI innovations, expand its team, and bring next-generation learning experiences to more schools worldwide.

“Our vision is clear: AI is the engine driving the future of maths learning,” said Henrik Appert, CEO and Co-founder of Magma Maths. “This funding allows us to double down on innovation, support teachers with smarter tools, and continue building a mission-driven company at the forefront of EdTech.”

Joe Onofrio, Partner at Five Elms Capital, commented:

“Magma Maths has demonstrated exceptional product–market fit in tackling one of education’s most pressing challenges - raising maths proficiency at scale through AI-driven instruction. We’re proud to continue supporting Henrik and the team as they work to improve maths achievement across the US, UK, Sweden, Germany, and beyond.”

Building on its momentum in the AI space, Magma Maths recently received support from the Bill & Melinda Gates Foundation to develop teacher-focused tools that recognise student thinking and provide actionable insights. This initiative underscores Magma Maths’ commitment to using AI as a supportive force that amplifies teacher impact and deepens student engagement - ensuring that human connection remains at the heart of every classroom.

Magma Maths is shaping the future of maths learning by combining human insight with the power of AI. The platform supports formative assessment, mathematical discourse, and deep conceptual understanding while integrating seamlessly with classroom technology to drive lasting academic success.

About Magma Maths

Magma Maths is a K–12 maths platform designed for primary and secondary schools, helping pupils show their thinking and teachers save time. Aligned with national curricula and standards, it supports formative assessment, personalised, student-centred learning, and deeper mathematical understanding. Magma Maths seamlessly integrates with classroom technology to enhance teaching, encourage mathematical discussion, and drive academic progress across all key stages. For more information, visit www.magmamaths.co.uk.

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Press Enquiries

For further information, or media requests, please contact:

Visa Memia
Marketing Manager, Magma Maths
visa@magmamaths.co.uk

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