SplashLearn Raises $18 Million in Series C Funding Round From Owl Ventures & Accel
Owl Ventures is the largest venture capital fund in the world focused on the education technology market with over $1.2 billion in possessions under management. Owl Ventures has deep domain expertise and leverages an international network of Limited Partners, financiers, and tactical partners to assist entrepreneurs scale their services into transformative category-leading business.
SplashLearn is readily available throughout all digital platforms (iOS, Android and Web). To learn more, go to www.splashlearn.com. Follow SplashLearn on Facebook, Instagram and Twitter.
Accel is an international venture capital firm that partners with extraordinary creators with unique insights, from creation through all phases of private business growth. Acko, Atlassian, Blackbuck, BookMyshow, Bounce, Braintree, BrowserStack, CrowdStrike, CureFit, Deliveroo, DJI, Dropbox, Etsy, Facebook, Flipkart, Freshworks, Jet, Kayak, Lynda.com, Qualtrics, Rovio, Slack, Spotify, Supercell, Swiggy, Tenable, UiPath, UrbanClap and Venmo are among the business the firm has backed over the previous 35+ years.
With the onset of Covid-19, SplashLearn saw a surge of practically 3x in adoption, as more students turned online and families began seeking instructional support. In 2020, more than 10 million brand-new users joined the SplashLearn program. The need came in not only from the United States but likewise the UK, Australia, and Canada. In the latter half of 2020, SplashLearn broadened its offering beyond the mathematics program to consist of reading and also introduced an individualized tutoring item, owing to growing demand from instructors and moms and dads.
” SplashLearn is well poised to cause a distinct modification in the digital learning area with its unique blend of clinically created curriculum and its pedagogical approaches with international appeal. SplashLearn suits our goal of supporting ingenious companies in the edtech space, assisting drive a paradigm shift in the method education is imparted, bringing it to scale” stated Amit A. Patel Managing Director, Owl Ventures, who would be signing up with the companys board along with Abhinav Chaturvedi.
SplashLearn was included in 2010. The bulk of the business originates from the United States and presently, trainees in one in every three schools in the nation usage SplashLearn. SplashLearn is a game-based learning program that smartly adjusts to each kids knowing capability and helps them master skills at their own rate. Its curriculum covers pre-kindergarten through grade 5 for mathematics and reading. With a strong focus on engagement and efficacy, it has more than 4,000+ curriculum-aligned games and activities, created to produce an interesting knowing experience for kids.
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The video games within the program aim to move the existing story around knowing, turning it into an experience that augments the childs desire to learn by making discovering itself rewarding for every child. Therefore reducing their worry of failure, and creating what we like to call fearless students” said Arpit Jain, CEO and co-founder, SplashLearn.
SplashLearn, previously Splash Math, produces engaging learning experiences developed to change children into brave learners.
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” We are proud to partner and assistance SplashLearn which is bringing about a transformation in the digital learning area,” said Abhinav Chaturvedi, Partner, Accel, who joined the companys board in 2018
SplashLearn, the US-headquartered discovering company started 2021 on a high note raising $18 million in Series C financing round led by Owl Ventures. San Francisco based Owl Ventures is the biggest edtech sector-focused venture capital company worldwide. Accel, who earlier invested $7 million in Series B, likewise took part in this round.
SplashLearn, previously Splash Math, creates engaging finding out experiences built to transform children into courageous learners. Its PreK-5 game-based learning program is curriculum-aligned and has an adaptive algorithm that provides each child a personalized knowing experience that is enjoyable and immersive. It is presently utilized in 150+ countries and has benefitted more than 40 million kids around the world.
SplashLearn, the US-headquartered discovering company started 2021 on a high note raising $18 million in Series C funding round led by Owl Ventures. SplashLearn is a game-based knowing program that intelligently adapts to each kids learning ability and helps them master abilities at their own rate. In 2020, more than 10 million brand-new users signed up with the SplashLearn program. In the latter half of 2020, SplashLearn broadened its offering beyond the math program to consist of reading and likewise introduced an individualized tutoring product, owing to growing demand from teachers and moms and dads.