SplashLearn Raises $18 Million in Series C Funding Round From Owl Ventures & Accel
The bulk of the service comes from the United States and presently, students in one in every three schools in the country use SplashLearn. SplashLearn is a game-based knowing program that intelligently adjusts to each kids knowing capability and helps them master skills at their own speed.
The games within the program objective to move the current story around learning, turning it into an experience that enhances the kids desire to discover by making learning itself rewarding for every kid. Therefore reducing their worry of failure, and creating what we like to call brave students” stated Arpit Jain, CEO and co-founder, SplashLearn.
About Owl Ventures.
SplashLearn, previously Splash Math, creates engaging learning experiences constructed to change kids into brave students. Its PreK-5 game-based knowing program is curriculum-aligned and has an adaptive algorithm that uses each kid a customized learning 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 discovering company started 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 smartly adjusts to each childs knowing capability and assists them master skills at their own pace. In 2020, more than 10 million 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 customized tutoring item, owing to growing demand from parents and teachers.
Owl Ventures is the biggest endeavor capital fund in the world concentrated on the education innovation market with over $1.2 billion in assets under management. The Silicon Valley-based firm purchases the worlds leading education technology business across the education spectrum encompassing PreK-12, higher education and future of work (profession mobility/ professional learning). Owl Ventures has deep domain expertise and leverages a global network of Limited Partners, investors, and strategic partners to assist business owners scale their companies into transformative category-leading companies. Find out more at www.owlvc.com
SplashLearn, formerly Splash Math, produces engaging finding out experiences developed to transform children into fearless students.
Accel is a global equity capital company that partners with exceptional founders with unique insights, from beginning through all phases 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 backed over the previous 35+ years. The firm seeks to understand entrepreneurs as individuals, value their originality and play to their strengths. Since achievement doesnt have a stereotype. For more, check out www.accel.com or www.twitter.com/accel_india.
eSchool News Staff.
” We are proud to partner and assistance SplashLearn which is producing a transformation in the digital knowing space,” said Abhinav Chaturvedi, Partner, Accel, who signed up with the companys board in 2018
With the onset of Covid-19, SplashLearn saw a surge of practically 3x in adoption, as more students turned online and families started looking for instructional assistance. In 2020, more than 10 million new users signed up with the SplashLearn program. The demand was available in not only from the United States however also the UK, Australia, and Canada. In the latter half of 2020, SplashLearn expanded its offering beyond the mathematics program to include reading and also launched a customized tutoring product, owing to growing need from parents and instructors.
” SplashLearn is well poised to bring about a distinct change in the digital learning space with its special mix of clinically developed curriculum and its pedagogical techniques with international appeal. SplashLearn fits into our objective of supporting innovative business in the edtech area, 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 joining the businesss board in addition to Abhinav Chaturvedi.
SplashLearn is available throughout all digital platforms (iOS, Android and Web). For additional information, visit www.splashlearn.com. Follow SplashLearn on Facebook, Instagram and Twitter.
About the Author:.
SplashLearn, the US-headquartered discovering 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 venture capital firm worldwide. Accel, who previously invested $7 million in Series B, likewise took part in this round.