SplashLearn Raises $18 Million in Series C Funding Round From Owl Ventures & Accel
SplashLearn, the US-headquartered finding out company began 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 equity capital firm in the world. Accel, who previously invested $7 million in Series B, likewise got involved in this round.
Accel is a global endeavor capital firm that partners with extraordinary creators with unique insights, from creation through all phases of private 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 business the company has backed over the previous 35+ years.
About the Author:.
Owl Ventures is the biggest endeavor capital fund in the world focused on the education innovation market with over $1.2 billion in assets under management. The Silicon Valley-based firm purchases the worlds leading education innovation business across the education spectrum including PreK-12, higher education and future of work (profession mobility/ expert knowing). Owl Ventures has deep domain know-how and leverages a global network of Limited Partners, financiers, and strategic partners to help entrepreneurs scale their businesses into transformative category-leading companies. Learn more at www.owlvc.com
eSchool News Staff.
The video games within the program aim to shift the existing story around learning, turning it into an experience that augments the kids desire to find out by making learning itself rewarding for every child. Therefore lowering their worry of failure, and developing what we like to call brave learners” stated Arpit Jain, CEO and co-founder, SplashLearn.
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 mathematics program to include reading and also launched a tailored tutoring product, owing to growing need from moms and dads and teachers.
SplashLearn is available across all digital platforms (iOS, Android and Web). To learn more, see www.splashlearn.com. Follow SplashLearn on Facebook, Instagram and Twitter.
SplashLearn, previously Splash Math, creates engaging learning experiences constructed to change children into fearless learners. Its PreK-5 game-based knowing program is curriculum-aligned and has an adaptive algorithm that provides each kid a personalized knowing experience that is enjoyable and immersive. It is currently used in 150+ countries and has actually benefitted more than 40 million kids around the world.
SplashLearn, the US-headquartered finding out company began 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 adapts to each childs knowing capability and assists them master abilities at their own pace. In 2020, more than 10 million 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 likewise released a personalized tutoring item, owing to growing demand from parents and instructors.
The bulk of the business comes from the United States and presently, trainees in one in every three schools in the nation usage SplashLearn. SplashLearn is a game-based learning program that smartly adjusts to each kids knowing capability and assists them master skills at their own pace.
” We are proud to partner and assistance SplashLearn which is producing a change in the digital knowing area,” said Abhinav Chaturvedi, Partner, Accel, who joined the companys board in 2018
About Owl Ventures.
” SplashLearn is well poised to produce an unique modification in the digital knowing space with its distinct blend of clinically designed curriculum and its pedagogical approaches with global appeal. SplashLearn fits into our goal of supporting innovative business in the edtech area, helping 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 along with Abhinav Chaturvedi.
SplashLearn, formerly Splash Math, creates engaging finding out experiences developed to change children into brave learners.