SplashLearn Raises $18 Million in Series C Funding Round From Owl Ventures & Accel
SplashLearn is available throughout all digital platforms (iOS, Android and Web). To learn more, see www.splashlearn.com. Follow SplashLearn on Facebook, Instagram and Twitter.
About Owl Ventures.
The games within the program aim to shift the current story around knowing, turning it into an experience that augments the kids desire to learn by making discovering itself rewarding for every kid. Thus reducing their worry of failure, and developing what we like to call courageous learners” said Arpit Jain, CEO and co-founder, SplashLearn.
” SplashLearn is well poised to cause an unique change in the digital learning area with its unique mix of scientifically designed curriculum and its pedagogical techniques with global appeal. SplashLearn fits into our goal of supporting innovative business in the edtech area, helping drive a paradigm shift in the way education is imparted, bringing it to scale” said Amit A. Patel Managing Director, Owl Ventures, who would be joining the companys board in addition to Abhinav Chaturvedi.
eSchool News Staff.
SplashLearn, previously Splash Math, creates engaging discovering experiences constructed to transform children into courageous learners.
SplashLearn, the US-headquartered learning business 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 venture capital firm on the planet. Accel, who earlier invested $7 million in Series B, also participated in this round.
The bulk of the company comes from the United States and currently, trainees in one in every 3 schools in the nation use SplashLearn. SplashLearn is a game-based knowing program that intelligently adapts to each kids learning capability and helps them master skills at their own rate.
Accel is a global equity capital firm that partners with exceptional founders with special insights, from creation 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 companies the company has backed over the previous 35+ years. The firm looks for to comprehend business owners as people, appreciate their originality and play to their strengths. Because greatness doesnt have a stereotype. For more, go to www.accel.com or www.twitter.com/accel_india.
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” We are happy to partner and support SplashLearn which is bringing about a transformation in the digital knowing area,” stated Abhinav Chaturvedi, Partner, Accel, who joined the companys board in 2018
With the beginning of Covid-19, SplashLearn saw a surge of practically 3x in adoption, as more trainees turned online and households began looking for educational assistance. In 2020, more than 10 million new users joined the SplashLearn program. The demand was available in not only from the US however likewise the UK, Australia, and Canada. In the latter half of 2020, SplashLearn expanded its offering beyond the mathematics program to include reading and also introduced a tailored tutoring product, owing to growing need from moms and dads and teachers.
SplashLearn, the US-headquartered discovering business 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 wisely adapts to each kids knowing ability and assists them master skills at their own speed. 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 math program to consist of reading and also launched a tailored tutoring item, owing to growing need from parents and teachers.
SplashLearn, previously Splash Math, produces engaging learning experiences constructed to transform children into fearless learners. Its PreK-5 game-based knowing program is curriculum-aligned and has an adaptive algorithm that uses each child an individualized knowing experience that is enjoyable and immersive. It is presently utilized in 150+ nations and has benefitted more than 40 million kids around the world.
Owl Ventures is the biggest 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 competence and leverages a global network of Limited Partners, financiers, and tactical partners to assist entrepreneurs scale their organizations into transformative category-leading business.