SplashLearn Raises $18 Million in Series C Funding Round From Owl Ventures & Accel
With the onset of Covid-19, SplashLearn saw a surge of practically 3x in adoption, as more students turned online and families began seeking instructional support. In 2020, more than 10 million new users signed up with the SplashLearn program. The need can be found in not just from the United States but likewise the UK, Australia, and Canada. In the latter half of 2020, SplashLearn expanded its offering beyond the math program to include reading and likewise released a tailored tutoring product, owing to growing need from instructors and moms and dads.
The bulk of the service comes from the United States and currently, trainees in one in every three schools in the nation use SplashLearn. SplashLearn is a game-based learning program that intelligently adapts to each kids learning ability and helps them master skills at their own speed.
” SplashLearn is well poised to cause an unique change in the digital knowing area with its distinct blend of clinically developed curriculum and its pedagogical techniques with global appeal. SplashLearn fits into our objective of supporting innovative business in the edtech space, helping drive a paradigm shift in the way education is imparted, bringing it to scale” stated Amit A. Patel Managing Director, Owl Ventures, who would be signing up with the companys board in addition to Abhinav Chaturvedi.
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. Owl Ventures has deep domain know-how and leverages a global network of Limited Partners, investors, and tactical partners to help entrepreneurs scale their companies into transformative category-leading business.
About the Author:.
Accel is a worldwide endeavor capital company that partners with exceptional creators with distinct insights, from beginning through all stages 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 amongst the companies the firm has backed over the previous 35+ years.
SplashLearn, the US-headquartered finding out 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 equity capital firm worldwide. Accel, who earlier invested $7 million in Series B, also participated in this round.
SplashLearn is offered throughout all digital platforms (iOS, Android and Web). To learn more, go to www.splashlearn.com. Follow SplashLearn on Facebook, Instagram and Twitter.
” We are proud to partner and assistance SplashLearn which is causing a transformation in the digital learning space,” stated Abhinav Chaturvedi, Partner, Accel, who joined the businesss board in 2018
eSchool News Staff.
The games within the program aim to shift the present story around learning, turning it into an experience that enhances the childs desire to find out by making discovering itself rewarding for every child. Hence minimizing their worry of failure, and developing what we like to call fearless students” stated Arpit Jain, CEO and co-founder, SplashLearn.
SplashLearn, formerly Splash Math, produces engaging finding out experiences constructed to change children into fearless students.
About Owl Ventures.
SplashLearn, formerly Splash Math, develops engaging finding out experiences built to transform children into brave learners. Its PreK-5 game-based learning program is curriculum-aligned and has an adaptive algorithm that uses each kid a personalized 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, 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 wisely adjusts to each childs knowing capability and helps them master abilities at their own speed. 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 also introduced a customized tutoring product, owing to growing need from parents and instructors.