SplashLearn Raises $18 Million in Series C Funding Round From Owl Ventures & Accel
About Owl Ventures.
SplashLearn is available throughout all digital platforms (iOS, Android and Web). For more info, go to www.splashlearn.com. Follow SplashLearn on Facebook, Instagram and Twitter.
Accel is a worldwide venture capital firm that partners with remarkable founders with unique insights, from creation through all phases 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 among the companies the firm has actually backed over the previous 35+ years.
SplashLearn, formerly Splash Math, produces engaging discovering experiences constructed to transform children into courageous learners. Its PreK-5 game-based learning program is curriculum-aligned and has an adaptive algorithm that provides each kid a customized knowing experience that is fun and immersive. It is presently used in 150+ nations and has actually benefitted more than 40 million kids around the world.
” We are proud to partner and assistance SplashLearn which is producing an improvement in the digital knowing space,” said Abhinav Chaturvedi, Partner, Accel, who joined the companys board in 2018
Owl Ventures is the largest endeavor capital fund in the world focused on the education innovation market with over $1.2 billion in properties under management. Owl Ventures has deep domain expertise and leverages an international network of Limited Partners, financiers, and tactical partners to help entrepreneurs scale their businesses into transformative category-leading business.
SplashLearn, previously Splash Math, produces engaging discovering experiences developed to change children into fearless learners.
eSchool News Staff.
SplashLearn was included in 2010. The bulk of business comes 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 intelligently adjusts to each kids knowing ability and helps them master abilities at their own pace. Its curriculum covers pre-kindergarten through grade 5 for math and reading. With a strong focus on engagement and effectiveness, it has more than 4,000+ curriculum-aligned games and activities, created to produce an interesting knowing experience for kids.
SplashLearn, the US-headquartered learning 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 intelligently adapts to each kids learning capability and assists them master abilities at their own pace. 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 released an individualized tutoring item, owing to growing demand from teachers and moms and dads.
The games within the program objective to move the present narrative around knowing, turning it into an experience that augments the kids desire to find out by making discovering itself rewarding for every child. Thus decreasing their fear of failure, and creating what we like to call brave students” stated Arpit Jain, CEO and co-founder, SplashLearn.
SplashLearn, the US-headquartered discovering 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 biggest edtech sector-focused endeavor capital company on the planet. Accel, who earlier invested $7 million in Series B, also participated in this round.
” SplashLearn is well poised to cause a distinct change in the digital learning space with its special mix of scientifically created curriculum and its pedagogical techniques with global appeal. SplashLearn fits into our objective of supporting ingenious companies in the edtech area, assisting 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 signing up with the businesss board together with Abhinav Chaturvedi.
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 include reading and also released an individualized tutoring product, owing to growing demand from moms and dads and teachers.
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