SplashLearn Raises $18 Million in Series C Funding Round From Owl Ventures & Accel
” We visualize a world where every child would find out, fearlessly. The video games within the program objective to move the existing story around knowing, turning it into an experience that enhances the childs desire to discover by making learning itself rewarding for each kid. Thus reducing their worry of failure, and developing what we like to call brave students” said Arpit Jain, CEO and co-founder, SplashLearn. “The funds will mainly be utilized for development and scaling our new vertical– tutoring”, he added.
” SplashLearn is well poised to cause an unique modification in the digital learning space with its distinct mix of clinically developed curriculum and its pedagogical techniques with worldwide appeal. SplashLearn fits into our goal of supporting innovative 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 in addition to Abhinav Chaturvedi.
” We are proud to partner and support SplashLearn which is producing a change in the digital knowing area,” stated Abhinav Chaturvedi, Partner, Accel, who signed up with the businesss board in 2018
About Owl Ventures.
SplashLearn, previously Splash Math, develops engaging finding out experiences constructed to transform children into brave students. Its PreK-5 game-based learning program is curriculum-aligned and has an adaptive algorithm that uses each child a tailored knowing experience that is enjoyable and immersive. It is presently utilized in 150+ countries and has benefitted more than 40 million kids around the world.
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SplashLearn, previously Splash Math, creates engaging learning experiences developed to transform children into fearless students.
SplashLearn, the US-headquartered finding out business 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 kids knowing capability and helps them master abilities 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 expanded its offering beyond the math program to consist of reading and likewise introduced a personalized tutoring item, owing to growing need from parents and instructors.
The bulk of the service comes from the United States and currently, students in one in every three schools in the nation usage SplashLearn. SplashLearn is a game-based learning program that smartly adapts to each childs knowing capability and helps them master abilities at their own rate.
SplashLearn, the US-headquartered discovering 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 biggest edtech sector-focused equity capital firm worldwide. Accel, who previously invested $7 million in Series B, also participated in this round.
SplashLearn is readily available across all digital platforms (iOS, Android and Web). To find out more, visit www.splashlearn.com. Follow SplashLearn on Facebook, Instagram and Twitter.
Accel is an international endeavor capital company that partners with remarkable founders with unique insights, from beginning 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 among the companies the firm has backed over the previous 35+ years. The firm looks for to understand entrepreneurs as individuals, value their creativity and play to their strengths. Since greatness does not have a stereotype. For more, visit www.accel.com or www.twitter.com/accel_india.
eSchool News Staff.
In 2020, more than 10 million new users joined the SplashLearn program. In the latter half of 2020, SplashLearn broadened its offering beyond the mathematics program to include reading and likewise introduced a personalized tutoring item, owing to growing need from parents and instructors.
Owl Ventures is the biggest equity capital fund in the world focused on the education technology market with over $1.2 billion in assets under management. The Silicon Valley-based firm invests in the worlds leading education technology business across the education spectrum incorporating PreK-12, greater education and future of work (profession movement/ professional learning). Owl Ventures has deep domain knowledge and leverages a global network of Limited Partners, investors, and tactical partners to help entrepreneurs scale their businesses into transformative category-leading business. Find out more at www.owlvc.com