SplashLearn Raises $18 Million in Series C Funding Round From Owl Ventures & Accel
With the onset of Covid-19, SplashLearn saw a surge of nearly 3x in adoption, as more trainees turned online and households started looking for instructional support. In 2020, more than 10 million new users signed up with the SplashLearn program. The need was available in not just from the United States however also the UK, Australia, and Canada. In the latter half of 2020, SplashLearn broadened its offering beyond the mathematics program to include reading and also introduced a customized tutoring product, owing to growing demand from moms and dads and instructors.
SplashLearn is available across all digital platforms (iOS, Android and Web). To learn more, go to www.splashlearn.com. Follow SplashLearn on Facebook, Instagram and Twitter.
SplashLearn, the US-headquartered finding out 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 endeavor capital firm in the world. Accel, who previously invested $7 million in Series B, likewise participated in this round.
SplashLearn, the US-headquartered finding out 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 smartly adjusts to each childs knowing capability and helps them master skills at their own pace. 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 consist of reading and also launched a personalized tutoring product, owing to growing need from parents and instructors.
eSchool News Staff.
” We are happy to partner and assistance SplashLearn which is producing a transformation in the digital knowing space,” stated Abhinav Chaturvedi, Partner, Accel, who joined the companys board in 2018
The bulk of the company comes from the United States and currently, trainees in one in every three schools in the country usage SplashLearn. SplashLearn is a game-based knowing program that intelligently adjusts to each childs learning ability and helps them master skills at their own pace.
Accel is a worldwide endeavor capital firm that partners with remarkable founders with special insights, from creation through all phases of personal company 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 companies the company has backed over the past 35+ years.
SplashLearn, previously Splash Math, produces engaging discovering experiences developed to change kids into courageous learners. Its PreK-5 game-based learning program is curriculum-aligned and has an adaptive algorithm that uses each kid an individualized learning experience that is enjoyable and immersive. It is presently used in 150+ countries and has actually benefitted more than 40 million kids around the world.
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Owl Ventures is the largest venture capital fund in the world focused on the education technology market with over $1.2 billion in assets under management. Owl Ventures has deep domain proficiency and leverages a global network of Limited Partners, financiers, and strategic partners to help business owners scale their services into transformative category-leading business.
” We visualize a world where every child would discover, fearlessly. The games within the program aim to move the existing narrative around learning, turning it into an experience that enhances the kids desire to find out by making learning itself rewarding for each kid. Hence reducing their fear of failure, and producing what we like to call brave students” said Arpit Jain, CEO and co-founder, SplashLearn. “The funds will mostly be utilized for growth and scaling our new vertical– tutoring”, he included.
SplashLearn, formerly Splash Math, develops engaging learning experiences developed to transform children into courageous students.
About Owl Ventures.
” SplashLearn is well poised to cause an unique change in the digital learning space with its distinct blend of clinically designed curriculum and its pedagogical methods with global appeal. SplashLearn fits into our objective of supporting ingenious business 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 in addition to Abhinav Chaturvedi.