GLOBAL EDTECH AND SOON-TO-BE UNICORN, CUEMATH, EXPANDS INTO THE UK

@Cuemath, the global #EdTech company which anticipates a $1 billion unicorn valuation in the next 12-18 months, announces its formal expansion and market entry to the UK, bringing its unique online-learning programme to UK-based students.

Cuemath is an after-school, ‘one-on-one live class’ platform for maths and coding skills, and its programme follows the UK’s national curriculum. The programme aims to nurture a love and intuitive understanding of mathematics and coding for students in grades K-12.

The formal UK launch follows rapid, recent word-of-mouth, during which 4,200 UK students have already signed up to Cuemath.

Demand amongst students in the grades K-8 has proved especially popular, with total student numbers expected to increase considerably following today’s announcement.

Founded in 2013, Cuemath has taught over 200,000 students across 20 countries, including the US, Singapore, Canada, the U.A.E., Nigeria, Egypt, India and Thailand, with over 25 million teaching hours logged. Cuemath is also one of only 30 companies worldwide to have Google for Education accreditation and is also backed by STEM.org.

It employs over 10,000 high-quality teachers – 96% of whom are female – including: ex-academics, investment bankers, doctors, botanists, lawyers, food technologists and accountants. Cuemath aims to be in 50+ countries by the end of 2021.

The pandemic has devastated children’s education worldwide. As the UK government debates extending school days, UK parents are also worried about their children falling behind in school, meaning Cuemath offers a timely solution to a global problem. Maths literacy is also vital for the 21st century workforce.

The extent of UK parents’ worries were borne out in recent research by global recruiter, Robert Walters, and data provider, Vacancysoft, showing the UK EdTech market now being worth £3.5 billion with UK annual growth recorded at 72% – four times faster than the global growth rate.

Cuemath’s programme empowers children to learn core maths and coding concepts via visual logic to foster deep learning. Its approach focuses on the why versus the how, using tangible exercises applicable in the real world. Via Cuemath, students learn maths intuitively and deeply, making challenging concepts easier and fostering independent thinking.

Manan Khurma, Founder and CEO of Cuemath, commented: 

“We are thrilled at the demand in the UK for our unique maths learning programme. Education is transforming globally, as digital formats allow students to access education’s best practices from anywhere. Research shows UK demand is growing four times faster than the rest of the world, at 72% annually, and the market is already worth £3.5 billion. 

“Like the rest of the world, UK parents are worried about their children falling behind due to the pandemic, and the need to equip them with the maths literacy that is vital for tomorrow’s jobs. It’s encouraging to see how parents are showing their trust in Cuemath as the best solution for their concerns.”