SplashLearn Raises $18 Million in Series C Funding Round From Owl Ventures & Accel
In 2020, more than 10 million new users signed up with the SplashLearn program. In the latter half of 2020, SplashLearn broadened its offering beyond the mathematics program to include reading and likewise released a customized tutoring product, owing to growing demand from instructors and moms and dads.
” We picture a world where every child would discover, fearlessly. The games within the program aim to shift the present narrative around learning, turning it into an experience that enhances the kids desire to find out by making discovering itself rewarding for each kid. Thus decreasing their worry of failure, and producing what we like to call courageous learners” stated Arpit Jain, CEO and co-founder, SplashLearn. “The funds will mostly be utilized for development and scaling our new vertical– tutoring”, he included.
” SplashLearn is well poised to cause an unique modification in the digital knowing area with its unique mix of clinically developed curriculum and its pedagogical approaches with international appeal. SplashLearn fits into our objective of supporting innovative companies 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 companys board in addition to Abhinav Chaturvedi.
eSchool News Staff.
” We are proud to partner and assistance SplashLearn which is producing a transformation in the digital knowing area,” said Abhinav Chaturvedi, Partner, Accel, who joined the businesss board in 2018
SplashLearn was incorporated in 2010. The bulk of business originates 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 wisely adapts to each kids knowing ability and helps them master skills at their own rate. Its curriculum covers pre-kindergarten through grade 5 for math and reading. With a strong concentrate on engagement and effectiveness, it has over 4,000+ curriculum-aligned video games and activities, created to develop an interesting knowing experience for kids.
About Owl Ventures.
Accel is a worldwide equity capital company that partners with remarkable founders with special insights, from inception 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 among the companies the company has actually backed over the past 35+ years. The firm looks for to understand business owners as individuals, value their creativity and play to their strengths. Due to the fact that achievement doesnt have a stereotype. For more, visit www.accel.com or www.twitter.com/accel_india.
About the Author:.
SplashLearn, the US-headquartered finding out 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, also participated in this round.
SplashLearn, formerly Splash Math, creates engaging discovering experiences constructed to transform children into courageous learners. Its PreK-5 game-based knowing program is curriculum-aligned and has an adaptive algorithm that provides each child an individualized knowing experience that is enjoyable and immersive. It is currently utilized in 150+ nations and has benefitted more than 40 million kids around the world.
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 ability and helps them master abilities at their own speed. In 2020, more than 10 million 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 also introduced a customized tutoring product, owing to growing demand from parents and teachers.
Owl Ventures is the largest venture capital fund in the world focused on the education innovation market with over $1.2 billion in assets under management. Owl Ventures has deep domain competence and leverages an international network of Limited Partners, investors, and strategic partners to help business owners scale their businesses into transformative category-leading companies.
SplashLearn is available throughout all digital platforms (iOS, Android and Web). For more info, check out www.splashlearn.com. Follow SplashLearn on Facebook, Instagram and Twitter.
SplashLearn, previously Splash Math, develops engaging learning experiences constructed to transform kids into courageous learners.