SplashLearn Raises $18 Million in Series C Funding Round From Owl Ventures & Accel
With the onset of Covid-19, SplashLearn saw a surge of practically 3x in adoption, as more trainees turned online and families started seeking instructional support. In 2020, more than 10 million new users joined the SplashLearn program. The demand was available in not just from the US but likewise the UK, Australia, and Canada. In the latter half of 2020, SplashLearn expanded its offering beyond the mathematics program to include reading and likewise launched a customized tutoring product, owing to growing demand from parents and teachers.
SplashLearn is available across all digital platforms (iOS, Android and Web). For more details, see www.splashlearn.com. Follow SplashLearn on Facebook, Instagram and Twitter.
SplashLearn, previously Splash Math, creates engaging finding out experiences constructed to change kids into fearless students. Its PreK-5 game-based learning program is curriculum-aligned and has an adaptive algorithm that uses each child a personalized knowing experience that is fun and immersive. It is presently used in 150+ countries and has actually benefitted more than 40 million kids around the world.
SplashLearn, the US-headquartered learning business started 2021 on a high note raising $18 million in Series C financing round led by Owl Ventures. SplashLearn is a game-based learning program that intelligently adjusts 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 broadened its offering beyond the math program to consist of reading and also launched a customized tutoring item, owing to growing demand from instructors and parents.
SplashLearn, the US-headquartered discovering 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 equity capital firm in the world. Accel, who previously invested $7 million in Series B, likewise took part in this round.
Owl Ventures is the biggest endeavor capital fund in the world focused on the education innovation market with over $1.2 billion in possessions under management. The Silicon Valley-based company invests in the worlds leading education technology companies throughout the education spectrum incorporating PreK-12, higher education and future of work (career movement/ expert learning). Owl Ventures has deep domain expertise and leverages a worldwide network of Limited Partners, financiers, and tactical partners to help business owners scale their businesses into transformative category-leading companies. Discover more at www.owlvc.com
” We are happy to partner and support SplashLearn which is causing a transformation in the digital knowing space,” said Abhinav Chaturvedi, Partner, Accel, who signed up with the companys board in 2018
The video games within the program goal to shift the present narrative around knowing, turning it into an experience that enhances the childs desire to find out by making discovering itself rewarding for every kid. Hence reducing their fear of failure, and producing what we like to call brave students” said Arpit Jain, CEO and co-founder, SplashLearn.
About Owl Ventures.
” SplashLearn is well poised to cause a distinct change in the digital learning area with its special mix of scientifically designed curriculum and its pedagogical methods with international appeal. SplashLearn suits our goal of supporting innovative companies 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 businesss board together with Abhinav Chaturvedi.
eSchool News Staff.
The bulk of the business comes from the United States and presently, students in one in every three schools in the nation use SplashLearn. SplashLearn is a game-based learning program that smartly adapts to each childs knowing capability and assists them master skills at their own pace.
SplashLearn, previously Splash Math, creates engaging discovering experiences developed to change kids into brave students.
About the Author:.
Accel is a worldwide equity capital firm that partners with extraordinary founders with unique insights, from inception through all phases of personal 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 backed over the past 35+ years. The firm seeks to understand business owners as people, appreciate their creativity and play to their strengths. Since greatness doesnt have a stereotype. For more, go to www.accel.com or www.twitter.com/accel_india.