SplashLearn Raises $18 Million in Series C Funding Round From Owl Ventures & Accel
SplashLearn is offered throughout all digital platforms (iOS, Android and Web). For more information, visit www.splashlearn.com. Follow SplashLearn on Facebook, Instagram and Twitter.
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SplashLearn, the US-headquartered learning company started 2021 on a high note raising $18 million in Series C funding round led by Owl Ventures. San Francisco based Owl Ventures is the largest edtech sector-focused equity capital company in the world. Accel, who previously invested $7 million in Series B, likewise took part in this round.
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Owl Ventures is the largest venture 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 expertise and leverages a worldwide network of Limited Partners, financiers, and tactical partners to help business owners scale their companies into transformative category-leading companies.
” We are happy to partner and assistance SplashLearn which is bringing about a change in the digital learning area,” said Abhinav Chaturvedi, Partner, Accel, who signed up with the businesss board in 2018
The video games within the program objective to shift the existing narrative around learning, turning it into an experience that enhances the childs desire to find out by making learning itself rewarding for every kid. Therefore reducing their worry of failure, and producing what we like to call fearless students” stated Arpit Jain, CEO and co-founder, SplashLearn.
SplashLearn, previously Splash Math, develops engaging learning experiences constructed to change kids into courageous learners. Its PreK-5 game-based learning program is curriculum-aligned and has an adaptive algorithm that provides each kid a customized knowing experience that is enjoyable and immersive. It is presently utilized in 150+ nations and has actually benefitted more than 40 million kids around the world.
About Owl Ventures.
SplashLearn, the US-headquartered learning company began 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 adjusts to each childs knowing capability and helps them master abilities at their own pace. 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 consist of reading and also released a customized tutoring item, owing to growing demand from moms and dads and teachers.
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” SplashLearn is well poised to produce an unique change in the digital learning space with its special mix of clinically created curriculum and its pedagogical methods with global appeal. SplashLearn suits our goal of supporting innovative business in the edtech space, assisting drive a paradigm shift in the method education is imparted, bringing it to scale” said Amit A. Patel Managing Director, Owl Ventures, who would be joining the companys board together with Abhinav Chaturvedi.
SplashLearn, previously Splash Math, produces engaging learning experiences built to transform kids into brave students.
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 also released a personalized tutoring product, owing to growing demand from moms and dads and teachers.
The bulk of the service comes from the United States and presently, students in one in every three schools in the country usage SplashLearn. SplashLearn is a game-based knowing program that wisely adjusts to each childs knowing ability and helps them master skills at their own rate.