SplashLearn Raises $18 Million in Series C Funding Round From Owl Ventures & Accel
The games within the program objective to shift the present story around learning, turning it into an experience that augments the childs desire to find out by making discovering itself rewarding for every kid. Therefore lowering their fear of failure, and creating what we like to call fearless students” said Arpit Jain, CEO and co-founder, SplashLearn.
Owl Ventures is the largest endeavor capital fund in the world focused on the education innovation market with over $1.2 billion in possessions under management. Owl Ventures has deep domain proficiency and leverages an international network of Limited Partners, investors, and tactical partners to assist business owners scale their services into transformative category-leading business.
About Owl Ventures.
Accel is a worldwide venture capital firm that partners with exceptional founders with distinct 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 actually backed over the past 35+ years.
” We are happy to partner and assistance SplashLearn which is bringing about a transformation in the digital learning space,” said Abhinav Chaturvedi, Partner, Accel, who signed up with the businesss board in 2018
SplashLearn, the US-headquartered finding out business 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 intelligently adjusts to each childs learning ability 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 tailored tutoring item, owing to growing need from parents and teachers.
SplashLearn, the US-headquartered discovering business 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 endeavor capital company on the planet. Accel, who previously invested $7 million in Series B, likewise took part in this round.
With the beginning of Covid-19, SplashLearn saw a surge of practically 3x in adoption, as more trainees turned online and families began looking for academic support. In 2020, more than 10 million brand-new users joined the SplashLearn program. The demand can be found 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 math program to include reading and also launched an individualized tutoring item, owing to growing demand from parents and teachers.
SplashLearn was incorporated in 2010. The bulk of business comes from the United States and presently, trainees in one in every three schools in the nation use SplashLearn. SplashLearn is a game-based knowing program that wisely adjusts to each kids learning capability and helps them master skills at their own speed. Its curriculum covers pre-kindergarten through grade 5 for mathematics and reading. With a strong concentrate on engagement and effectiveness, it has more than 4,000+ curriculum-aligned games and activities, designed to develop an exciting learning experience for kids.
SplashLearn, previously Splash Math, produces engaging discovering experiences developed to change children into fearless learners.
SplashLearn is available throughout all digital platforms (iOS, Android and Web). To learn more, check out www.splashlearn.com. Follow SplashLearn on Facebook, Instagram and Twitter.
” SplashLearn is well poised to produce a distinct change in the digital learning area with its special blend of scientifically created curriculum and its pedagogical approaches with global appeal. SplashLearn fits into our objective of supporting ingenious companies in the edtech space, helping drive a paradigm shift in the way education is imparted, bringing it to scale” said Amit A. Patel Managing Director, Owl Ventures, who would be signing up with the businesss board together with Abhinav Chaturvedi.
eSchool News Staff.
SplashLearn, formerly Splash Math, produces engaging finding out experiences constructed to transform kids into fearless students. Its PreK-5 game-based knowing program is curriculum-aligned and has an adaptive algorithm that uses each child a tailored knowing experience that is enjoyable and immersive. It is presently used in 150+ nations and has benefitted more than 40 million kids around the world.
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