Course Hero Acquires Pioneering Developer of AI for Mathematics Education, Symbolab
The strategic acquisition advances Course Hero’s mission to help millions of students and educators succeed
Course Hero, an online learning platform for course-specific study resources, announced the acquisition of Symbolab, a pioneer in the development of artificial intelligence to help students demystify the most vexing math challenges. One of the most advanced mathematics solvers in the world, Symbolab has been used by over 50 million students to work through and understand one billion questions and explanations in 2020 alone. This acquisition reflects Course Hero’s commitment to identifying technologies and developing innovations in learning science.
“College-level math is among the most challenging subjects for students, but it’s also one of the most important gateways to college success. This is about complementing great teaching by providing students with another way to ask and answer questions, practice, and master critical concepts,” said Andrew Grauer, co-founder and CEO of Course Hero. “The Symbolab team is tightly aligned with our culture and values. They share our primary mission to provide access and equity to all students, helping them graduate, confident and prepared.”
Recommended AI News: MTG Announces USD 11 Million in Investments in Gaming & Esports Startups
Founded by mathematicians and computer scientists in 2011, Symbolab helps students better understand and practice math problems across a range of educational levels and subjects, such as advanced algebra, trigonometry, calculus, chemistry and physics. Having launched a first-of-its-kind, AI-powered geometry solution today, Symbolab is the only math education platform in the world that can help students and educators solve complex geometry problems featuring detailed explanations and proofs. Symbolab’s expertise in AI and learning science will amplify Course Hero’s future development of cutting-edge resources and tools for learners.
“We are constantly exploring innovative ways to make mathematics accessible for students, reducing anxiety and equipping them with the understanding they need to persist at the next level,” said Michal Avny, co-founder and CEO of Symbolab. “By joining forces with Course Hero, our technology solutions will give many millions of students the confidence they need for broader educational success.”
Recommended AI News: ABAKA Announces Global Partnership With Intel
According to the National Academies of Science, Engineering and Medicine, more than half of two-year college students and a third of four-year students enroll in remedial math, taking on average two to three successive remedial courses. Unfortunately, only a third of students who enroll in remedial math ever successfully complete a college math course.
Symbolab provides students with step-by-step explanations of complex problems, along with adaptive learning ranging from elementary level math to advanced university courses. While the Symbolab technology will be integrated into the Course Hero platform, Symbolab will retain its existing brand and team of mathematicians, developers, and computer scientists. This is Course Hero’s first strategic acquisition following its $80 million Series B funding.
Recommended AI News: Haru Invest’s USDT Fund Provides Unparalleled Digital Asset Diversification