Aussie edtech business wins at ASU GSV - one of the largest education industry events in the US
Announcement posted by Mathspace 30 May 2017
New York, 30 May 2017: Mathspace (mathspace.co), the world’s fastest growing adaptive learning math program, has been named one of the top three winners at the 8th Annual ASU GSV Summit in Salt Lake City.
The ASU GSV Summit is one of North America’s leading edtech summit, attracting the most important stakeholders from the education sector. More than 3,500 entrepreneurs, business leaders, investors, policy makers, philanthropists, and educators attended this year’s summit.
More than 300 businesses pitched to an audience of more than 2,000 investors, educators and industry leaders, and Mathspace was one of only three winning companies to be selected in the Venture category.
Mathspace’s large-scale implementation potential in addition to the program’s cutting edge technology, which is quickly becoming a leader in math tech innovation, were listed reasons for the Company’s selection.
Daniel Tu-Hoa, SVP of Mathspace for North America, said that the fact that Mathspace was selected above all other companies is a great testament to the quality of the Company’s product and pedagogical approach.
“This Summit is the single most important US event for the edtech investment community. We had a room full of the country’s leading researchers, policymakers, Administrators, investors and entrepreneurs. It’s a real honor to have Mathspace recognized by North America’s most prominent education industry stakeholders,” said Mr Tu-Hoa.
“We created Mathspace because we believe that technology can help every single school student to excel in math, by providing the right help at the right time.
“Students using Mathspace can get step-by-step support on every single question, so when they’re doing homework or their teachers are occupied, they can still get feedback and hints to ensure they understand. We know from leading researchers like Bloom and John Hattie that personalized, step-by-step instruction and feedback has a positive effect on student learning outcomes, and we’ve built Mathspace on that very premise,” said Mr Tu-Hoa.
Mathspace is a digital math tutor. The program coaches students through individual lines of work, and can identify when a student has mastered specific math concepts and topics.
This award at the ASU GSV Summit is the Company’s most recent achievement following a string of significant partnerships this year. In January Mathspace signed a deal with the Hong Kong Government, which will see the program rolled out to all students in Hong Kong’s public education sector. In April Australia’s largest bank, Westpac, sponsored Mathspace to give all Australians free access the program’s eBook for the next three years.
“After seven years of building and perfecting our product, it’s extremely rewarding to see Mathspace being recognized in the US and across the globe.
“Our goal at Mathspace is to improve math education for as many students as possible worldwide. We’re thrilled to be making such significant progress towards that goal right here in the US” said Mr Tu-Hoa.
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About Mathspace
Mathspace is a global technology leader in personalized math education. What makes Mathspace unique is that it can tailor math programs in real-time based on a student’s strengths and weaknesses. It is the only math platform using step-by-step adaptive learning technology. The curriculum coverage spans the USA, grades 3-12 in Australia, the USA, UK, Singapore, Hong Kong and the International Baccalaureate.
Mathspace works across all platforms, namely Windows, Mac, iOS and Android. It has more than 40,000 questions covering major curricula across the US, Australia, UK, Singapore and Hong Kong. There are also more than 8000 lesson videos, step-by-step hints for every line of work and hundreds of interactive applets. All content on Mathspace has been developed by its in-house team of teachers and mathematicians.
About the ASU + GSV Summit
The 8th Annual ASU GSV Summit was held May 8-10, 2017 in Salt Lake City.
Since 2010, the ASU GSV Summit has brought together the most impactful people from diverse constituencies—entrepreneurs, business leaders, educators, policymakers, philanthropists, and university and district leaders—to create partnerships, explore solutions, and shape the future of learning.
ASU GSV Summit hosts the Venture awards which sees hundreds of promising edtech businesses with annual revenue under $30M pitch their businesses to attendees.
Watch Mathspace’s pitch here [ https://mathspace-1.wistia.com/medias/heq0uihoj4 ]