SplashLearn Raises $18 Million in Series C Funding Round From Owl Ventures & Accel
With the start of Covid-19, SplashLearn saw a surge of nearly 3x in adoption, as more students turned online and households began looking for academic support. In 2020, more than 10 million brand-new users signed up with the SplashLearn program. The demand can be found in not only from the United States however also the UK, Australia, and Canada. In the latter half of 2020, SplashLearn expanded its offering beyond the math program to include reading and also launched a customized tutoring item, owing to growing need from parents and instructors.
eSchool News Staff.
SplashLearn, formerly Splash Math, develops engaging learning experiences constructed to change children into courageous students.
Owl Ventures is the largest venture capital fund in the world focused on the education technology market with over $1.2 billion in assets under management. Owl Ventures has deep domain know-how and leverages a global network of Limited Partners, financiers, and tactical partners to help entrepreneurs scale their businesses into transformative category-leading business.
SplashLearn, the US-headquartered finding out 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 smartly adapts to each kids learning ability and helps them master skills 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 broadened its offering beyond the math program to include reading and also released a personalized tutoring item, owing to growing demand from teachers and parents.
Accel is an international endeavor capital firm that partners with exceptional creators with special insights, from creation through all stages of private 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 actually backed over the past 35+ years.
SplashLearn is available throughout all digital platforms (iOS, Android and Web). To find out more, go to www.splashlearn.com. Follow SplashLearn on Facebook, Instagram and Twitter.
SplashLearn was integrated in 2010. The bulk of the organization originates from the United States and currently, trainees in one in every 3 schools in the nation usage SplashLearn. SplashLearn is a game-based knowing program that wisely adjusts to each kids learning capability and assists them master skills at their own speed. Its curriculum covers pre-kindergarten through grade 5 for math 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 amazing knowing experience for kids.
The games within the program aim to move the existing story around learning, turning it into an experience that augments the childs desire to discover by making learning itself rewarding for every kid. Hence lowering their fear of failure, and creating what we like to call brave students” stated Arpit Jain, CEO and co-founder, SplashLearn.
SplashLearn, formerly Splash Math, produces engaging learning experiences developed to change children into brave learners. Its PreK-5 game-based knowing program is curriculum-aligned and has an adaptive algorithm that provides each child a customized learning 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.
” SplashLearn is well poised to produce an unique modification in the digital learning space with its distinct blend of clinically developed curriculum and its pedagogical techniques with international appeal. SplashLearn fits into our goal of supporting ingenious companies in the edtech area, 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 companys board along with Abhinav Chaturvedi.
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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. San Francisco based Owl Ventures is the largest edtech sector-focused endeavor capital firm worldwide. Accel, who earlier invested $7 million in Series B, likewise participated in this round.
” We are happy to partner and support SplashLearn which is causing a transformation in the digital learning space,” stated Abhinav Chaturvedi, Partner, Accel, who joined the businesss board in 2018