SplashLearn Raises $18 Million in Series C Funding Round From Owl Ventures & Accel
Owl Ventures is the biggest venture capital fund worldwide focused on the education innovation market with over $1.2 billion in assets under management. The Silicon Valley-based firm buys the worlds leading education technology business throughout the education spectrum incorporating PreK-12, higher education and future of work (career movement/ expert knowing). Owl Ventures has deep domain competence and leverages a worldwide network of Limited Partners, financiers, and tactical partners to assist business owners scale their services into transformative category-leading companies. Discover more at www.owlvc.com
SplashLearn, previously Splash Math, develops engaging finding out experiences developed to change kids into fearless students. Its PreK-5 game-based knowing program is curriculum-aligned and has an adaptive algorithm that provides each child a customized knowing experience that is fun and immersive. It is currently utilized in 150+ nations and has benefitted more than 40 million kids around the world.
The bulk of the company comes from the United States and currently, students in one in every 3 schools in the nation use SplashLearn. SplashLearn is a game-based knowing program that wisely adjusts to each childs knowing ability and helps them master abilities at their own speed.
Accel is a worldwide endeavor capital company that partners with exceptional founders with special insights, from inception through all phases 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 business the company has backed over the previous 35+ years.
” We envision a world where every child would find out, fearlessly. The games within the program aim to move the current narrative around knowing, turning it into an experience that augments the childs desire to find out by making discovering itself rewarding for each child. Thus reducing their worry of failure, and developing what we like to call courageous learners” stated Arpit Jain, CEO and co-founder, SplashLearn. “The funds will mostly be used for development and scaling our new vertical– tutoring”, he included.
About Owl Ventures.
SplashLearn, the US-headquartered discovering company began 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 company in the world. Accel, who previously invested $7 million in Series B, also took part in this round.
About the Author:.
SplashLearn, previously Splash Math, produces engaging learning experiences developed to change children into fearless learners.
SplashLearn, the US-headquartered learning business started 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 adjusts to each childs learning capability and assists them master skills at their own pace. 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 math program to consist of reading and likewise launched a customized tutoring product, owing to growing demand from instructors and moms and dads.
eSchool News Staff.
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 introduced a tailored tutoring product, owing to growing demand from parents and instructors.
” We are happy to partner and assistance SplashLearn which is bringing about a change in the digital knowing area,” stated Abhinav Chaturvedi, Partner, Accel, who joined the companys board in 2018
” SplashLearn is well poised to cause an unique change in the digital knowing area with its unique mix of scientifically designed curriculum and its pedagogical approaches 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 joining the businesss board along with Abhinav Chaturvedi.
SplashLearn is offered throughout all digital platforms (iOS, Android and Web). To find out more, see www.splashlearn.com. Follow SplashLearn on Facebook, Instagram and Twitter.