Tech Company Financing Transactions

Innovamat Funding Round

Reach Capital, 10x Group and Axon Partners Group participated in a $21 million Series A funding round for Innovamat. This venture round was announced on 4/17/2023.

Transaction Overview

Company Name
Announced On
Transaction Type
Venture Equity
Series A
Proceeds Purpose
Innovamat will be using the funding to expand its business. It has been around since 2017, operating initially in Spain before expanding to Italy and several countries in Latin America (Mexico, Colombia, Chile, Ecuador, Brazil and Peru). That business has seen some encouraging traction, with 15,000+ teachers from 2,000 schools using its tools to teach math to 350,000 students.

Company Information

Company Status
Private & Independent
Mailing Address
Avinguda de la Generalitat, 216, 4th 3rd Sant Cugat del Vall
Barcelona, 08174
Email Address
The Prek-8 competency-based math curriculum that kids and teachers love. The days of rote memorization are over, we go far beyond that! Conceptual understanding through discussion and manipulation is built while developing 21st-century skills. Rich activities in a coherent sequence that save time on non-pedagogical tasks. In the Classroom Manager, you'll find everything you need to conduct meaningful math sessions. The teacher's role is changed: from lecturing to facilitating. Students productively practice in a gamified App, that adapts to their own pace. Progress reports are created to drive data-driven instruction.
Innovamat LinkedIn Company Profile
Social Media
Innovamat Company Twitter Account
Company News
Innovamat News
Innovamat on Facebook
Innovamat on YouTube

Management Team

Email & Social
Andreu Boada
  Andreu Boada LinkedIn Profile  Andreu Boada Twitter Account  Andreu Boada News  Andreu Boada on Facebook
Chief Financial Officer
Joan Soler
  Joan Soler LinkedIn Profile  Joan Soler Twitter Account  Joan Soler News  Joan Soler on Facebook



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We do our best to report on funding rounds that are announced publicly. VC investment data records reported here are sourced from news reports and company announcements. The information comes to us via our partnership with, an affiliated venture.


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