SplashLearn Raises $18 Million in Series C Funding Round From Owl Ventures & Accel
SplashLearn is available across all digital platforms (iOS, Android and Web). To find out more, see www.splashlearn.com. Follow SplashLearn on Facebook, Instagram and Twitter.
SplashLearn, the US-headquartered learning 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 biggest edtech sector-focused venture capital company worldwide. Accel, who previously invested $7 million in Series B, also got involved in this round.
In 2020, more than 10 million brand-new users joined the SplashLearn program. In the latter half of 2020, SplashLearn expanded its offering beyond the mathematics program to consist of reading and also launched a personalized tutoring item, owing to growing demand from teachers and parents.
Owl Ventures is the largest venture capital fund in the world focused on the education innovation market with over $1.2 billion in possessions under management. Owl Ventures has deep domain knowledge and leverages a worldwide network of Limited Partners, investors, and tactical partners to help entrepreneurs scale their services into transformative category-leading companies.
Accel is an international endeavor capital firm that partners with extraordinary founders with distinct insights, from inception through all stages of personal 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 among the companies the company has actually backed over the previous 35+ years.
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SplashLearn was included in 2010. The bulk of the company comes from the United States and presently, students in one in every three schools in the nation use SplashLearn. SplashLearn is a game-based knowing program that wisely adapts to each kids knowing ability and assists them master abilities at their own pace. Its curriculum covers pre-kindergarten through grade 5 for mathematics and reading. With a strong focus on engagement and efficacy, it has more than 4,000+ curriculum-aligned video games and activities, developed to produce an amazing knowing experience for kids.
SplashLearn, formerly Splash Math, produces engaging learning experiences developed to transform kids into courageous students.
” We are proud to partner and assistance SplashLearn which is causing an improvement in the digital knowing area,” stated Abhinav Chaturvedi, Partner, Accel, who joined the companys board in 2018
” We picture a world where every kid would find out, fearlessly. The video games within the program aim to move the existing narrative around learning, turning it into an experience that enhances the childs desire to find out by making discovering itself rewarding for each kid. Thus minimizing their worry of failure, and producing what we like to call fearless learners” stated Arpit Jain, CEO and co-founder, SplashLearn. “The funds will primarily be utilized for growth and scaling our brand-new vertical– tutoring”, he added.
SplashLearn, previously Splash Math, creates engaging learning experiences constructed to transform children into brave students. Its PreK-5 game-based learning program is curriculum-aligned and has an adaptive algorithm that offers each kid a tailored learning experience that is enjoyable and immersive. It is presently utilized in 150+ nations and has actually benefitted more than 40 million kids around the world.
About Owl Ventures.
SplashLearn, the US-headquartered learning company 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 intelligently adapts to each kids learning ability and assists them master abilities at their own speed. 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 likewise released a customized tutoring item, owing to growing demand from moms and dads and teachers.
eSchool News Staff.
” SplashLearn is well poised to cause an unique modification in the digital learning area with its special mix of clinically designed curriculum and its pedagogical techniques with worldwide appeal. SplashLearn fits into our goal of supporting innovative companies in the edtech area, assisting 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 businesss board along with Abhinav Chaturvedi.