SplashLearn Raises $18 Million in Series C Funding Round From Owl Ventures & Accel
SplashLearn, the US-headquartered finding out business started 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 venture capital firm worldwide. Accel, who earlier invested $7 million in Series B, likewise took part in this round.
SplashLearn, formerly Splash Math, develops engaging learning experiences built to transform kids into brave students.
About Owl Ventures.
Owl Ventures is the largest endeavor capital fund in the world focused on the education innovation market with over $1.2 billion in possessions under management. Owl Ventures has deep domain know-how and leverages a global network of Limited Partners, investors, and tactical partners to assist entrepreneurs scale their businesses into transformative category-leading business.
Accel is a global equity capital firm that partners with exceptional founders with special insights, from creation through all stages 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 amongst the business the firm has actually backed over the past 35+ years. The firm looks for to understand entrepreneurs as people, appreciate their originality and play to their strengths. Due to the fact that greatness doesnt have a stereotype. For more, see www.accel.com or www.twitter.com/accel_india.
” SplashLearn is well poised to cause a distinct change in the digital knowing space with its special mix of scientifically designed curriculum and its pedagogical methods with international appeal. SplashLearn suits our objective of supporting ingenious 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 signing up with the companys board along with Abhinav Chaturvedi.
SplashLearn was integrated in 2010. The bulk of the business originates 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 wisely adapts to each childs learning capability and assists them master abilities at their own pace. 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, designed to produce an amazing learning experience for kids.
The video games within the program aim to shift the current narrative around learning, turning it into an experience that enhances the kids desire to discover by making learning itself rewarding for every kid. Therefore minimizing their fear of failure, and producing what we like to call fearless learners” said Arpit Jain, CEO and co-founder, SplashLearn.
SplashLearn is offered across all digital platforms (iOS, Android and Web). For more details, go to www.splashlearn.com. Follow SplashLearn on Facebook, Instagram and Twitter.
eSchool News Staff.
SplashLearn, the US-headquartered discovering business started 2021 on a high note raising $18 million in Series C funding round led by Owl Ventures. SplashLearn is a game-based knowing program that intelligently adjusts to each kids knowing capability and helps 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 math program to consist of reading and also released an individualized tutoring product, owing to growing need from instructors and parents.
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” We are happy to partner and support SplashLearn which is producing a transformation in the digital learning space,” said Abhinav Chaturvedi, Partner, Accel, who signed up with the companys board in 2018
SplashLearn, previously Splash Math, produces engaging finding out experiences constructed to transform kids into brave students. Its PreK-5 game-based knowing program is curriculum-aligned and has an adaptive algorithm that offers each kid an individualized knowing 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.
In 2020, more than 10 million new users signed up with the SplashLearn program. In the latter half of 2020, SplashLearn broadened its offering beyond the math program to consist of reading and likewise released a customized tutoring item, owing to growing demand from moms and dads and teachers.