SplashLearn Raises $18 Million in Series C Funding Round From Owl Ventures & Accel
eSchool News Staff.
SplashLearn, previously Splash Math, creates engaging learning experiences developed to transform kids into fearless students. Its PreK-5 game-based knowing program is curriculum-aligned and has an adaptive algorithm that uses each child a tailored knowing experience that is enjoyable and immersive. It is presently utilized in 150+ countries and has actually benefitted more than 40 million kids around the world.
About Owl Ventures.
” We are happy to partner and assistance SplashLearn which is producing a change in the digital knowing area,” stated Abhinav Chaturvedi, Partner, Accel, who joined the businesss board in 2018
SplashLearn is available throughout all digital platforms (iOS, Android and Web). To find out more, visit www.splashlearn.com. Follow SplashLearn on Facebook, Instagram and Twitter.
SplashLearn, the US-headquartered discovering 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 biggest edtech sector-focused equity capital company worldwide. Accel, who earlier invested $7 million in Series B, likewise 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 country usage SplashLearn. SplashLearn is a game-based learning program that smartly adjusts to each childs knowing ability and helps them master skills at their own rate. Its curriculum covers pre-kindergarten through grade 5 for mathematics and reading. With a strong concentrate on engagement and efficacy, it has over 4,000+ curriculum-aligned games and activities, created to create an amazing knowing experience for kids.
” SplashLearn is well poised to bring about an unique modification in the digital learning area with its distinct blend of scientifically created curriculum and its pedagogical approaches with global appeal. SplashLearn suits our objective of supporting ingenious companies 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 businesss board along with Abhinav Chaturvedi.
About the Author:.
Owl Ventures is the largest 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 know-how and leverages a worldwide network of Limited Partners, financiers, and tactical partners to assist business owners scale their organizations into transformative category-leading business.
SplashLearn, previously Splash Math, produces engaging discovering experiences built to change kids into brave learners.
In 2020, more than 10 million brand-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 likewise launched a tailored tutoring product, owing to growing demand from instructors and moms and dads.
Accel is an international endeavor capital company that partners with exceptional founders with unique insights, from inception through all stages of personal company 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 firm has backed over the previous 35+ years.
” We picture a world where every kid would discover, fearlessly. The video games within the program aim to move the current narrative around learning, turning it into an experience that augments the childs desire to find out by making discovering itself rewarding for every single kid. Hence reducing their worry of failure, and developing what we like to call fearless learners” stated Arpit Jain, CEO and co-founder, SplashLearn. “The funds will primarily be used for growth and scaling our new vertical– tutoring”, he included.
SplashLearn, the US-headquartered learning business started 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 wisely adapts to each kids learning capability and helps them master skills at their own rate. 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 likewise released a customized tutoring item, owing to growing demand from moms and dads and teachers.