SplashLearn Raises $18 Million in Series C Funding Round From Owl Ventures & Accel
eSchool News Staff.
” SplashLearn is well poised to bring about a distinct modification in the digital learning space with its distinct blend of scientifically developed curriculum and its pedagogical methods with global appeal. SplashLearn fits into our objective of supporting ingenious 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 joining the businesss board together with Abhinav Chaturvedi.
” We are proud to partner and support SplashLearn which is causing an improvement in the digital learning area,” stated Abhinav Chaturvedi, Partner, Accel, who signed up with the companys board in 2018
Owl Ventures is the largest venture capital fund worldwide focused on the education technology market with over $1.2 billion in possessions under management. The Silicon Valley-based company purchases the worlds leading education technology business across the education spectrum encompassing PreK-12, college and future of work (career mobility/ expert knowing). Owl Ventures has deep domain expertise and leverages a global network of Limited Partners, financiers, and tactical partners to assist business owners scale their companies into transformative category-leading business. Learn more at www.owlvc.com
SplashLearn, the US-headquartered learning company 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 largest edtech sector-focused equity capital firm on the planet. Accel, who previously invested $7 million in Series B, likewise took part in this round.
In 2020, more than 10 million brand-new users signed up with the SplashLearn program. In the latter half of 2020, SplashLearn broadened its offering beyond the math program to include reading and also introduced a personalized tutoring product, owing to growing need from parents and instructors.
About the Author:.
Accel is an international equity capital firm that partners with extraordinary creators with special 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 companies the company has backed over the previous 35+ years. The firm seeks to understand entrepreneurs as individuals, value their creativity and play to their strengths. Since greatness doesnt have a stereotype. For more, check out www.accel.com or www.twitter.com/accel_india.
SplashLearn, the US-headquartered discovering company started 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 adjusts to each childs learning capability and helps them master abilities at their own pace. 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 also introduced an individualized tutoring item, owing to growing need from parents and instructors.
SplashLearn is offered across all digital platforms (iOS, Android and Web). For more details, visit www.splashlearn.com. Follow SplashLearn on Facebook, Instagram and Twitter.
SplashLearn, previously Splash Math, creates engaging learning experiences developed to transform children into brave learners.
SplashLearn was incorporated in 2010. The bulk of the organization comes from the United States and currently, students in one in every 3 schools in the country usage SplashLearn. SplashLearn is a game-based knowing program that smartly adapts to each kids knowing ability and assists them master abilities at their own rate. Its curriculum covers pre-kindergarten through grade 5 for mathematics and reading. With a strong concentrate on engagement and effectiveness, it has over 4,000+ curriculum-aligned video games and activities, developed to create an amazing learning experience for kids.
SplashLearn, formerly Splash Math, produces engaging discovering experiences constructed to change kids into fearless learners. Its PreK-5 game-based learning program is curriculum-aligned and has an adaptive algorithm that offers each child a customized knowing experience that is fun and immersive. It is presently utilized in 150+ nations and has actually benefitted more than 40 million kids around the world.
The video games within the program objective to shift the existing narrative around knowing, turning it into an experience that enhances the kids desire to find out by making learning itself rewarding for every kid. Hence lowering their fear of failure, and producing what we like to call fearless learners” stated Arpit Jain, CEO and co-founder, SplashLearn.
About Owl Ventures.