SplashLearn Raises $18 Million in Series C Funding Round From Owl Ventures & Accel
SplashLearn, previously Splash Math, creates engaging learning experiences built to change children into fearless students.
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SplashLearn is readily available across all digital platforms (iOS, Android and Web). To learn more, see www.splashlearn.com. Follow SplashLearn on Facebook, Instagram and Twitter.
SplashLearn, the US-headquartered finding out company 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 biggest edtech sector-focused endeavor capital firm worldwide. Accel, who previously invested $7 million in Series B, likewise took part in this round.
Owl Ventures is the largest venture capital fund in the world focused on the education innovation market with over $1.2 billion in properties under management. Owl Ventures has deep domain competence and leverages a global network of Limited Partners, investors, and strategic partners to assist business owners scale their organizations into transformative category-leading companies.
” We are happy to partner and assistance SplashLearn which is producing a change in the digital learning area,” said Abhinav Chaturvedi, Partner, Accel, who signed up with the companys board in 2018
SplashLearn, the US-headquartered discovering business began 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 wisely adapts to each childs learning capability and helps them master skills at their own rate. In 2020, more than 10 million brand-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 tailored tutoring item, owing to growing need from moms and dads and instructors.
About Owl Ventures.
” We visualize a world where every kid would discover, fearlessly. The video games within the program objective to move the current narrative around learning, turning it into an experience that augments the kids desire to learn by making discovering itself rewarding for every child. Therefore decreasing their worry of failure, and creating what we like to call fearless learners” stated Arpit Jain, CEO and co-founder, SplashLearn. “The funds will mainly be used for growth and scaling our brand-new vertical– tutoring”, he added.
In 2020, more than 10 million brand-new users joined the SplashLearn program. In the latter half of 2020, SplashLearn broadened its offering beyond the mathematics program to consist of reading and also released a customized tutoring item, owing to growing need from parents and teachers.
SplashLearn was included in 2010. The bulk of business comes from the United States and currently, trainees in one in every 3 schools in the nation usage SplashLearn. SplashLearn is a game-based knowing program that smartly adapts to each kids knowing capability and helps them master skills at their own pace. Its curriculum covers pre-kindergarten through grade 5 for math and reading. With a strong focus on engagement and effectiveness, it has over 4,000+ curriculum-aligned games and activities, designed to create an interesting learning experience for kids.
Accel is a global equity capital firm that partners with exceptional creators with special insights, from creation through all phases 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 amongst the companies the company has actually backed over the previous 35+ years. The company seeks to understand entrepreneurs as individuals, appreciate their creativity and play to their strengths. Due to the fact that success doesnt have a stereotype. For more, go to www.accel.com or www.twitter.com/accel_india.
SplashLearn, formerly Splash Math, creates engaging learning experiences developed to change children into courageous students. Its PreK-5 game-based learning program is curriculum-aligned and has an adaptive algorithm that provides 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.
” SplashLearn is well poised to produce a distinct change in the digital learning space with its distinct mix of clinically created curriculum and its pedagogical techniques with global appeal. SplashLearn fits into our objective of supporting innovative companies in the edtech space, assisting drive a paradigm shift in the method education is imparted, bringing it to scale” said Amit A. Patel Managing Director, Owl Ventures, who would be signing up with the businesss board along with Abhinav Chaturvedi.