SplashLearn Raises $18 Million in Series C Funding Round From Owl Ventures & Accel
About Owl Ventures.
SplashLearn, previously Splash Math, develops engaging finding out experiences built to transform children into brave students. Its PreK-5 game-based knowing program is curriculum-aligned and has an adaptive algorithm that offers each child a tailored knowing experience that is fun and immersive. It is presently used in 150+ nations and has benefitted more than 40 million kids around the world.
Owl Ventures is the largest venture capital fund worldwide focused on the education technology market with over $1.2 billion in properties under management. The Silicon Valley-based company buys the worlds leading education innovation companies throughout the education spectrum incorporating PreK-12, greater education and future of work (career mobility/ expert knowing). Owl Ventures has deep domain know-how and leverages an international network of Limited Partners, financiers, and tactical partners to help entrepreneurs scale their businesses into transformative category-leading companies. Find out more at www.owlvc.com
Accel is a global equity capital company that partners with extraordinary creators with special insights, from inception through all phases of private business 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 companies the firm has actually backed over the past 35+ years. The company looks for to understand business owners as individuals, value their creativity 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, the US-headquartered learning business 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 largest edtech sector-focused equity capital company in the world. Accel, who earlier invested $7 million in Series B, likewise took part in this round.
SplashLearn was included in 2010. The bulk of the company comes from the United States and currently, students in one in every 3 schools in the country use SplashLearn. SplashLearn is a game-based learning program that wisely adjusts to each childs learning ability and helps them master abilities 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 games and activities, created to develop an interesting learning experience for kids.
SplashLearn is readily available across all digital platforms (iOS, Android and Web). To find out more, go to www.splashlearn.com. Follow SplashLearn on Facebook, Instagram and Twitter.
” We are happy to partner and assistance SplashLearn which is producing a transformation in the digital knowing area,” stated Abhinav Chaturvedi, Partner, Accel, who signed up with the companys board in 2018
About the Author:.
eSchool News Staff.
SplashLearn, the US-headquartered discovering company started 2021 on a high note raising $18 million in Series C funding round led by Owl Ventures. SplashLearn is a game-based learning program that smartly adapts to each childs learning capability and helps them master skills at their own pace. 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 mathematics program to include reading and likewise launched an individualized tutoring product, owing to growing need from parents and teachers.
” SplashLearn is well poised to bring about a distinct modification in the digital knowing area with its special blend of clinically designed curriculum and its pedagogical methods with international appeal. SplashLearn suits 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 along with Abhinav Chaturvedi.
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 introduced a tailored tutoring product, owing to growing need from moms and dads and teachers.
” We imagine a world where every child would discover, fearlessly. The games within the program aim to move the present narrative around learning, turning it into an experience that augments the kids desire to learn by making learning itself rewarding for every single kid. Hence decreasing their fear of failure, and creating what we like to call fearless students” said Arpit Jain, CEO and co-founder, SplashLearn. “The funds will mainly be used for development and scaling our brand-new vertical– tutoring”, he included.
SplashLearn, previously Splash Math, creates engaging learning experiences built to transform children into fearless students.