SplashLearn Raises $18 Million in Series C Funding Round From Owl Ventures & Accel
With the beginning of Covid-19, SplashLearn saw a rise of almost 3x in adoption, as more students turned online and families began looking for instructional support. In 2020, more than 10 million brand-new users signed up with the SplashLearn program. The demand was available in not just from the US but also the UK, Australia, and Canada. In the latter half of 2020, SplashLearn expanded its offering beyond the mathematics program to consist of reading and likewise launched an individualized tutoring item, owing to growing need from teachers and parents.
eSchool News Staff.
About Owl Ventures.
SplashLearn, previously Splash Math, develops engaging finding out experiences built to transform kids into brave students.
Owl Ventures is the biggest endeavor capital fund in the world focused on the education technology market with over $1.2 billion in possessions under management. The Silicon Valley-based firm buys the worlds leading education technology business across the education spectrum incorporating PreK-12, greater education and future of work (profession movement/ professional knowing). Owl Ventures has deep domain competence and leverages a worldwide network of Limited Partners, financiers, and tactical partners to assist business owners scale their companies into transformative category-leading business. Find out more at www.owlvc.com
SplashLearn, previously Splash Math, creates engaging discovering experiences built to change kids into fearless learners. Its PreK-5 game-based learning program is curriculum-aligned and has an adaptive algorithm that offers each kid an individualized learning experience that is enjoyable and immersive. It is presently used in 150+ nations and has benefitted more than 40 million kids around the world.
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 discovering business began 2021 on a high note raising $18 million in Series C financing round led by Owl Ventures. San Francisco based Owl Ventures is the biggest edtech sector-focused venture capital firm worldwide. Accel, who earlier invested $7 million in Series B, also participated in this round.
Accel is a worldwide endeavor capital firm that partners with remarkable founders with unique 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 among the companies the firm has actually backed over the previous 35+ years.
The games within the program aim to move the present story around learning, turning it into an experience that augments the childs desire to discover by making learning itself rewarding for every kid. Thus lowering their fear of failure, and producing what we like to call fearless 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 special mix of scientifically created curriculum and its pedagogical methods with worldwide appeal. SplashLearn fits into our objective of supporting innovative business in the edtech space, assisting 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 signing up with the businesss board along with Abhinav Chaturvedi.
SplashLearn was integrated in 2010. The bulk of business originates from the United States and currently, students in one in every three schools in the nation use SplashLearn. SplashLearn is a game-based knowing program that smartly adapts to each kids knowing ability and assists them master skills at their own pace. Its curriculum covers pre-kindergarten through grade 5 for mathematics and reading. With a strong concentrate on engagement and efficacy, it has more than 4,000+ curriculum-aligned video games and activities, developed to develop an interesting knowing experience for kids.
SplashLearn, the US-headquartered learning business began 2021 on a high note raising $18 million in Series C financing round led by Owl Ventures. SplashLearn is a game-based learning program that intelligently adapts to each kids knowing ability and helps them master skills at their own pace. 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 mathematics program to include reading and also released a personalized tutoring product, owing to growing demand from parents and instructors.
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” We are proud 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