Cuemath, a global one-on-one online math tutoring platform, has announced a fundraise of $57M in a fresh round led by Alpha Wave at a valuation of $407M – a more than 2X jump in valuation. The funds will fuel strengthening product-pedagogy outcomes, hypergrowth initiatives, acquisition and partnerships, and catalyze its efforts to build a strong global math brand.
Currently present in more than 70 countries, Cuemath aims to expand to over 100 countries by FY’23. This plan includes bolstering its presence in North America, APAC, the UK, Europe, Middle East and capturing markets in Africa and South America.
Source: Businesswire
