SplashLearn Raises $18 Million in Series C Funding Round From Owl Ventures & Accel
With the beginning of Covid-19, SplashLearn saw a rise of practically 3x in adoption, as more trainees turned online and families started seeking academic assistance. In 2020, more than 10 million brand-new users signed up with the SplashLearn program. The need came in not just from the US but likewise the UK, Australia, and Canada. In the latter half of 2020, SplashLearn broadened its offering beyond the mathematics program to include reading and also introduced a tailored tutoring item, owing to growing need from moms and dads and instructors.
” We are happy to partner and assistance SplashLearn which is producing an improvement in the digital learning space,” said Abhinav Chaturvedi, Partner, Accel, who joined the businesss board in 2018
SplashLearn, formerly Splash Math, creates engaging discovering experiences constructed to change kids into courageous students.
The games within the program aim to move the present narrative around knowing, turning it into an experience that augments the kids desire to discover by making learning itself rewarding for every child. Hence decreasing their worry of failure, and producing what we like to call brave students” said Arpit Jain, CEO and co-founder, SplashLearn.
The bulk of the service comes from the United States and currently, students in one in every 3 schools in the nation use SplashLearn. SplashLearn is a game-based learning program that wisely adjusts to each kids knowing ability and assists them master skills at their own speed.
SplashLearn is 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.
About the Author:.
SplashLearn, previously Splash Math, develops engaging discovering experiences developed to change children into brave learners. Its PreK-5 game-based knowing program is curriculum-aligned and has an adaptive algorithm that uses each kid 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.
SplashLearn, the US-headquartered finding out company 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 equity capital company in the world. Accel, who previously invested $7 million in Series B, likewise took part in this round.
About Owl Ventures.
eSchool News Staff.
Accel is a global venture capital firm 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 among the business the firm has actually backed over the past 35+ years.
Owl Ventures is the largest endeavor capital fund in the world focused on the education technology market with over $1.2 billion in properties under management. Owl Ventures has deep domain proficiency and leverages an international network of Limited Partners, financiers, and strategic partners to assist entrepreneurs scale their organizations into transformative category-leading business.
SplashLearn, the US-headquartered discovering business 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 kids learning capability and assists them master skills at their own rate. 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 mathematics program to include reading and also released a tailored tutoring product, owing to growing demand from instructors and moms and dads.
” SplashLearn is well poised to bring about an unique modification in the digital learning space with its special mix of clinically developed curriculum and its pedagogical approaches with global appeal. SplashLearn fits into our objective of supporting ingenious companies in the edtech space, helping 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 companys board in addition to Abhinav Chaturvedi.