SplashLearn Raises $18 Million in Series C Funding Round From Owl Ventures & Accel
” SplashLearn is well poised to cause an unique modification in the digital learning space with its unique blend of clinically created curriculum and its pedagogical techniques with international appeal. SplashLearn fits into our goal of supporting innovative companies in the edtech space, helping 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 businesss board along with Abhinav Chaturvedi.
SplashLearn, previously Splash Math, produces engaging finding out experiences built to change kids into brave students.
Accel is a global equity capital company that partners with remarkable creators with distinct insights, from creation through all stages of private business development. 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 amongst the companies the firm has actually backed over the past 35+ years. The firm looks for to understand entrepreneurs as people, value their creativity and play to their strengths. Because greatness doesnt have a stereotype. For more, go to www.accel.com or www.twitter.com/accel_india.
” We are happy to partner and assistance SplashLearn which is producing a transformation in the digital knowing area,” stated Abhinav Chaturvedi, Partner, Accel, who signed up with the businesss board in 2018
SplashLearn, formerly Splash Math, develops engaging finding out experiences developed to change children into courageous learners. Its PreK-5 game-based knowing program is curriculum-aligned and has an adaptive algorithm that offers each child a customized knowing experience that is enjoyable and immersive. It is currently utilized in 150+ countries and has actually benefitted more than 40 million kids around the world.
The video games within the program objective to shift the current story around learning, turning it into an experience that augments the kids desire to learn by making learning itself rewarding for every kid. Hence decreasing their worry of failure, and creating what we like to call brave students” said Arpit Jain, CEO and co-founder, SplashLearn.
With the onset of Covid-19, SplashLearn saw a rise of practically 3x in adoption, as more trainees turned online and households started looking for educational assistance. In 2020, more than 10 million brand-new users joined the SplashLearn program. The need was available in not only from the United States but likewise the UK, Australia, and Canada. In the latter half of 2020, SplashLearn expanded its offering beyond the math program to consist of reading and also launched a personalized tutoring item, owing to growing need from instructors and parents.
Owl Ventures is the biggest endeavor capital fund in the world focused on the education innovation market with over $1.2 billion in properties under management. Owl Ventures has deep domain competence and leverages a global network of Limited Partners, investors, and strategic partners to assist entrepreneurs scale their businesses into transformative category-leading business.
About Owl Ventures.
SplashLearn is readily available throughout all digital platforms (iOS, Android and Web). For additional information, see www.splashlearn.com. Follow SplashLearn on Facebook, Instagram and Twitter.
SplashLearn was incorporated in 2010. The bulk of the service originates from the United States and currently, trainees in one in every 3 schools in the country use SplashLearn. SplashLearn is a game-based learning program that intelligently adapts to each kids learning ability and helps them master skills at their own pace. Its curriculum covers pre-kindergarten through grade 5 for math and reading. With a strong concentrate on engagement and effectiveness, it has more than 4,000+ curriculum-aligned video games and activities, created to create an exciting learning experience for kids.
eSchool News Staff.
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 largest edtech sector-focused equity capital firm worldwide. Accel, who earlier invested $7 million in Series B, also got involved in this round.
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SplashLearn, the US-headquartered finding out company began 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 wisely adapts to each childs knowing ability and assists them master abilities at their own rate. In 2020, more than 10 million new users joined the SplashLearn program. In the latter half of 2020, SplashLearn expanded its offering beyond the mathematics program to include reading and likewise launched an individualized tutoring item, owing to growing demand from parents and instructors.