SplashLearn Raises $18 Million in Series C Funding Round From Owl Ventures & Accel
SplashLearn was included in 2010. The bulk of business originates from the United States and presently, students in one in every 3 schools in the nation use SplashLearn. SplashLearn is a game-based learning program that wisely adjusts to each kids knowing capability and assists them master skills at their own rate. Its curriculum covers pre-kindergarten through grade 5 for math and reading. With a strong concentrate on engagement and effectiveness, it has over 4,000+ curriculum-aligned video games and activities, designed to create an amazing knowing experience for kids.
SplashLearn, the US-headquartered discovering business 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 biggest edtech sector-focused endeavor capital firm worldwide. Accel, who earlier invested $7 million in Series B, also got involved in this round.
In 2020, more than 10 million 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 a tailored tutoring product, owing to growing demand from parents and instructors.
Accel is a worldwide equity capital company that partners with exceptional creators with distinct insights, from creation through all phases of private company growth. 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 firm has actually backed over the previous 35+ years. The firm seeks to comprehend entrepreneurs as individuals, value their creativity and play to their strengths. Due to the fact that success does not have a stereotype. For more, see www.accel.com or www.twitter.com/accel_india.
SplashLearn is offered 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 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 learning capability and assists them master skills at their own pace. In 2020, more than 10 million new users joined the SplashLearn program. In the latter half of 2020, SplashLearn expanded its offering beyond the math program to consist of reading and also launched an individualized tutoring product, owing to growing demand from moms and dads and teachers.
Owl Ventures is the biggest equity 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 throughout the education spectrum incorporating PreK-12, college and future of work (career movement/ expert knowing). Owl Ventures has deep domain know-how and leverages an international network of Limited Partners, investors, and tactical partners to assist entrepreneurs scale their organizations into transformative category-leading companies. Learn more at www.owlvc.com
The video games within the program aim to move the existing narrative around learning, turning it into an experience that augments the childs desire to discover by making discovering itself rewarding for every kid. Hence decreasing their fear of failure, and producing what we like to call courageous learners” stated Arpit Jain, CEO and co-founder, SplashLearn.
About Owl Ventures.
” SplashLearn is well poised to produce an unique change in the digital knowing space with its distinct blend of clinically designed curriculum and its pedagogical approaches with international appeal. SplashLearn fits into our goal of supporting innovative companies in the edtech space, 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 joining the companys board in addition to Abhinav Chaturvedi.
SplashLearn, previously Splash Math, creates engaging finding out experiences built to change children into brave learners.
” We are proud to partner and support SplashLearn which is causing an improvement in the digital learning space,” said Abhinav Chaturvedi, Partner, Accel, who signed up with the businesss board in 2018
SplashLearn, previously Splash Math, produces engaging discovering experiences developed to transform kids into fearless students. Its PreK-5 game-based learning program is curriculum-aligned and has an adaptive algorithm that uses each child a tailored learning experience that is enjoyable and immersive. It is currently used in 150+ nations and has actually benefitted more than 40 million kids around the world.
eSchool News Staff.
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