SplashLearn Raises $18 Million in Series C Funding Round From Owl Ventures & Accel
SplashLearn is readily available across all digital platforms (iOS, Android and Web). For additional information, check out www.splashlearn.com. Follow SplashLearn on Facebook, Instagram and Twitter.
” SplashLearn is well poised to produce an unique modification in the digital knowing space with its distinct mix of scientifically designed curriculum and its pedagogical methods with global appeal. SplashLearn suits our objective of supporting innovative 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 businesss board together with Abhinav Chaturvedi.
SplashLearn, formerly Splash Math, develops engaging learning experiences built to transform kids into fearless students. Its PreK-5 game-based learning program is curriculum-aligned and has an adaptive algorithm that offers each child a tailored 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.
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 venture capital firm worldwide. Accel, who earlier invested $7 million in Series B, also took part in this round.
SplashLearn was incorporated in 2010. The bulk of business comes from the United States and presently, students in one in every 3 schools in the nation usage SplashLearn. SplashLearn is a game-based learning program that wisely adjusts to each kids knowing ability and assists them master abilities at their own rate. Its curriculum covers pre-kindergarten through grade 5 for math and reading. With a strong concentrate on engagement and efficacy, it has over 4,000+ curriculum-aligned games and activities, developed to create an exciting knowing experience for kids.
Accel is a worldwide endeavor capital company that partners with remarkable creators with distinct insights, from beginning 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 actually backed over the past 35+ years. The company looks for to comprehend entrepreneurs as people, appreciate their originality and play to their strengths. Due to the fact that greatness does not have a stereotype. For more, visit www.accel.com or www.twitter.com/accel_india.
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With the onset of Covid-19, SplashLearn saw a rise of practically 3x in adoption, as more trainees turned online and families began looking for instructional assistance. In 2020, more than 10 million brand-new users joined the SplashLearn program. The need can be found in not just from the US however likewise the UK, Australia, and Canada. In the latter half of 2020, SplashLearn expanded its offering beyond the math program to include reading and likewise introduced a customized tutoring item, owing to growing demand from parents and teachers.
SplashLearn, formerly Splash Math, develops engaging learning experiences constructed to change kids into brave learners.
” We are proud to partner and assistance SplashLearn which is bringing about an improvement in the digital learning area,” stated Abhinav Chaturvedi, Partner, Accel, who joined the companys board in 2018
The video games within the program goal to shift the current narrative around learning, turning it into an experience that enhances the kids desire to find out by making learning itself rewarding for every child. Therefore decreasing their worry of failure, and developing what we like to call courageous students” stated Arpit Jain, CEO and co-founder, SplashLearn.
Owl Ventures is the largest equity capital fund in the world focused on the education technology market with over $1.2 billion in possessions under management. The Silicon Valley-based company invests in the worlds leading education innovation companies throughout the education spectrum including PreK-12, greater education and future of work (profession mobility/ professional knowing). Owl Ventures has deep domain proficiency and leverages a worldwide network of Limited Partners, financiers, and tactical partners to help business owners scale their services into transformative category-leading business. Discover more at www.owlvc.com
SplashLearn, the US-headquartered finding out business 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 smartly adapts to each childs knowing capability and assists them master skills at their own speed. In 2020, more than 10 million brand-new users signed up with the SplashLearn program. In the latter half of 2020, SplashLearn expanded its offering beyond the mathematics program to include reading and likewise launched a personalized tutoring item, owing to growing demand from moms and dads and instructors.
eSchool News Staff.