SplashLearn Raises $18 Million in Series C Funding Round From Owl Ventures & Accel
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The bulk of the company comes from the United States and presently, students in one in every 3 schools in the country usage SplashLearn. SplashLearn is a game-based learning program that wisely adapts to each kids knowing capability and assists them master abilities at their own speed.
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 an individualized tutoring item, owing to growing demand from instructors and moms and dads.
” SplashLearn is well poised to bring about a distinct change in the digital knowing space with its special mix of scientifically developed curriculum and its pedagogical methods with global appeal. SplashLearn suits our goal of supporting innovative companies in the edtech space, assisting 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 companys board together with Abhinav Chaturvedi.
The video games within the program aim to shift the current narrative around knowing, turning it into an experience that augments the childs desire to learn by making discovering itself rewarding for every kid. Therefore lowering their worry of failure, and producing what we like to call brave learners” said Arpit Jain, CEO and co-founder, SplashLearn.
SplashLearn, the US-headquartered discovering company began 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 in the world. Accel, who previously invested $7 million in Series B, likewise got involved in this round.
Accel is an international equity capital company that partners with extraordinary creators with distinct insights, from beginning through all phases of personal 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 companies the firm has backed over the past 35+ years. The company looks for to comprehend entrepreneurs as individuals, value their creativity and play to their strengths. Because success doesnt have a stereotype. For more, go to www.accel.com or www.twitter.com/accel_india.
SplashLearn, previously Splash Math, produces engaging learning experiences constructed to change kids into brave learners.
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 learning program that wisely adapts to each childs learning capability and assists them master skills 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 introduced an individualized tutoring item, owing to growing need from parents and teachers.
SplashLearn, formerly Splash Math, produces engaging discovering experiences constructed to change children into brave learners. Its PreK-5 game-based learning program is curriculum-aligned and has an adaptive algorithm that offers each kid a personalized knowing experience that is fun and immersive. It is currently utilized in 150+ countries and has benefitted more than 40 million kids around the world.
SplashLearn is offered across all digital platforms (iOS, Android and Web). To find out more, visit www.splashlearn.com. Follow SplashLearn on Facebook, Instagram and Twitter.
eSchool News Staff.
” We are happy to partner and assistance SplashLearn which is bringing about an improvement in the digital knowing space,” said Abhinav Chaturvedi, Partner, Accel, who joined the businesss board in 2018
Owl Ventures is the biggest equity capital fund worldwide concentrated on the education technology market with over $1.2 billion in assets under management. The Silicon Valley-based company purchases the worlds leading education technology companies across the education spectrum including PreK-12, college and future of work (career movement/ expert knowing). Owl Ventures has deep domain competence and leverages a worldwide network of Limited Partners, investors, and tactical partners to assist entrepreneurs scale their services into transformative category-leading business. Find out more at www.owlvc.com