SplashLearn Raises $18 Million in Series C Funding Round From Owl Ventures & Accel
” We envision a world where every child would learn, fearlessly. The games within the program aim to move the present narrative around knowing, turning it into an experience that enhances the kids desire to learn by making learning itself rewarding for every single kid. Therefore decreasing their worry of failure, and developing what we like to call fearless learners” said Arpit Jain, CEO and co-founder, SplashLearn. “The funds will mainly be utilized for development and scaling our brand-new vertical– tutoring”, he included.
” We are proud to partner and support SplashLearn which is producing a change in the digital knowing area,” stated Abhinav Chaturvedi, Partner, Accel, who signed up with the businesss 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 largest edtech sector-focused venture capital firm in the world. Accel, who previously invested $7 million in Series B, likewise got involved in this round.
SplashLearn, formerly Splash Math, develops engaging finding out experiences developed to transform children into courageous students. Its PreK-5 game-based knowing program is curriculum-aligned and has an adaptive algorithm that uses each child a personalized knowing experience that is fun and immersive. It is currently utilized in 150+ countries and has actually benefitted more than 40 million kids around the world.
SplashLearn, the US-headquartered learning company started 2021 on a high note raising $18 million in Series C financing round led by Owl Ventures. SplashLearn is a game-based knowing program that intelligently adapts to each childs knowing ability and helps them master abilities at their own rate. In 2020, more than 10 million 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 launched a customized tutoring item, owing to growing demand from parents and instructors.
SplashLearn, previously Splash Math, produces engaging finding out experiences developed to change children into fearless learners.
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The bulk of the organization comes from the United States and currently, students in one in every 3 schools in the country use SplashLearn. SplashLearn is a game-based learning program that smartly adjusts to each childs learning capability and assists them master abilities at their own pace.
Owl Ventures is the largest equity capital fund worldwide concentrated on the education innovation market with over $1.2 billion in possessions under management. The Silicon Valley-based firm buys the worlds leading education innovation companies throughout the education spectrum including PreK-12, greater education and future of work (career movement/ professional learning). Owl Ventures has deep domain proficiency and leverages a global network of Limited Partners, financiers, and strategic partners to help entrepreneurs scale their businesses into transformative category-leading companies. Find out more at www.owlvc.com
In 2020, more than 10 million brand-new users joined the SplashLearn program. In the latter half of 2020, SplashLearn broadened its offering beyond the mathematics program to include reading and likewise introduced a customized tutoring item, owing to growing need from teachers and moms and dads.
SplashLearn is available across all digital platforms (iOS, Android and Web). For more details, see www.splashlearn.com. Follow SplashLearn on Facebook, Instagram and Twitter.
About Owl Ventures.
” SplashLearn is well poised to bring about an unique change in the digital learning space with its distinct mix of clinically designed curriculum and its pedagogical approaches with worldwide appeal. SplashLearn fits into our objective of supporting ingenious business in the edtech area, 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 joining the companys board together with Abhinav Chaturvedi.
Accel is a worldwide equity capital firm that partners with exceptional creators with special insights, from inception through all phases of personal 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 business the company has backed over the previous 35+ years. The company looks for to understand entrepreneurs as individuals, appreciate their originality and play to their strengths. Because greatness does not have a stereotype. For more, check out www.accel.com or www.twitter.com/accel_india.
eSchool News Staff.