SplashLearn Raises $18 Million in Series C Funding Round From Owl Ventures & Accel
SplashLearn was incorporated in 2010. The bulk of the service originates from the United States and currently, trainees in one in every three schools in the country use SplashLearn. SplashLearn is a game-based learning program that intelligently adjusts to each childs learning capability and helps them master skills at their own rate. Its curriculum covers pre-kindergarten through grade 5 for mathematics and reading. With a strong focus on engagement and efficacy, it has over 4,000+ curriculum-aligned games and activities, created to develop an exciting learning experience for kids.
Owl Ventures is the biggest venture capital fund on the planet focused on the education innovation market with over $1.2 billion in assets under management. The Silicon Valley-based firm invests in the worlds leading education innovation companies throughout the education spectrum encompassing PreK-12, college and future of work (career movement/ expert knowing). Owl Ventures has deep domain proficiency and leverages a global network of Limited Partners, investors, and tactical partners to assist business owners scale their companies into transformative category-leading business. Find out more at www.owlvc.com
SplashLearn, previously Splash Math, creates engaging finding out experiences built to change children into courageous students. Its PreK-5 game-based learning program is curriculum-aligned and has an adaptive algorithm that uses each kid a personalized knowing experience that is fun and immersive. It is presently utilized in 150+ countries and has benefitted more than 40 million kids around the world.
The games within the program goal to move the present story around learning, turning it into an experience that enhances the kids desire to find out by making learning itself rewarding for every child. Thus decreasing their worry of failure, and developing what we like to call courageous students” stated Arpit Jain, CEO and co-founder, SplashLearn.
SplashLearn, the US-headquartered learning business 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 firm on the planet. Accel, who previously invested $7 million in Series B, also participated in this round.
” We are proud to partner and assistance SplashLearn which is causing a transformation in the digital learning area,” stated Abhinav Chaturvedi, Partner, Accel, who joined the companys board in 2018
Accel is a worldwide endeavor capital company that partners with remarkable founders with unique insights, from beginning through all stages of private 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 amongst the companies the firm has actually backed over the previous 35+ years.
” SplashLearn is well poised to produce a distinct modification in the digital knowing area with its special blend of clinically developed curriculum and its pedagogical methods with international appeal. SplashLearn fits into our goal of supporting ingenious business in the edtech area, 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 joining the businesss board in addition to Abhinav Chaturvedi.
SplashLearn is readily available throughout all digital platforms (iOS, Android and Web). For more information, see www.splashlearn.com. Follow SplashLearn on Facebook, Instagram and Twitter.
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 math program to consist of reading and also introduced a tailored tutoring product, owing to growing need from instructors and moms and dads.
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eSchool News Staff.
SplashLearn, the US-headquartered discovering 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 smartly adapts to each childs knowing capability and helps them master skills at their own rate. 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 likewise introduced an individualized tutoring product, owing to growing demand from instructors and parents.
SplashLearn, previously Splash Math, creates engaging discovering experiences constructed to transform children into fearless learners.
About Owl Ventures.