SplashLearn Raises $18 Million in Series C Funding Round From Owl Ventures & Accel
SplashLearn, previously Splash Math, creates engaging discovering experiences built to transform kids into brave students. Its PreK-5 game-based learning program is curriculum-aligned and has an adaptive algorithm that uses each child an individualized knowing experience that is enjoyable and immersive. It is presently used in 150+ countries and has actually benefitted more than 40 million kids around the world.
” We are happy to partner and support SplashLearn which is bringing about an improvement in the digital knowing area,” said Abhinav Chaturvedi, Partner, Accel, who joined the companys board in 2018
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 knowing program that smartly adjusts to each kids knowing ability and assists them master abilities at their own pace. In 2020, more than 10 million brand-new users signed up with the SplashLearn program. In the latter half of 2020, SplashLearn expanded its offering beyond the math program to consist of reading and likewise launched an individualized tutoring product, owing to growing need from moms and dads and teachers.
Owl Ventures is the biggest venture capital fund in the world focused on the education technology market with over $1.2 billion in properties under management. Owl Ventures has deep domain proficiency and leverages an international network of Limited Partners, financiers, and tactical partners to assist entrepreneurs scale their organizations into transformative category-leading companies.
SplashLearn was incorporated in 2010. The bulk of the business originates 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 childs learning ability and assists them master skills at their own speed. Its curriculum covers pre-kindergarten through grade 5 for math and reading. With a strong concentrate on engagement and effectiveness, it has more than 4,000+ curriculum-aligned video games and activities, designed to produce an exciting knowing experience for kids.
” SplashLearn is well poised to cause an unique change in the digital learning area with its unique mix of clinically designed curriculum and its pedagogical methods with international appeal. SplashLearn fits into our objective of supporting innovative companies in the edtech area, helping drive a paradigm shift in the method education is imparted, bringing it to scale” said Amit A. Patel Managing Director, Owl Ventures, who would be signing up with the companys board along with Abhinav Chaturvedi.
” We imagine a world where every kid would learn, fearlessly. The games within the program aim to move the present story around learning, turning it into an experience that augments the childs desire to discover by making learning itself rewarding for every single kid. Thus decreasing their worry of failure, and producing what we like to call brave students” said Arpit Jain, CEO and co-founder, SplashLearn. “The funds will mainly be utilized for development and scaling our brand-new vertical– tutoring”, he included.
SplashLearn is available across all digital platforms (iOS, Android and Web). For additional information, check out www.splashlearn.com. Follow SplashLearn on Facebook, Instagram and Twitter.
SplashLearn, the US-headquartered learning 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 largest edtech sector-focused endeavor capital company worldwide. Accel, who previously invested $7 million in Series B, likewise got involved in this round.
SplashLearn, previously Splash Math, creates engaging learning experiences constructed to transform children into courageous students.
Accel is an international venture capital firm that partners with remarkable founders with special insights, from inception 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 previous 35+ years. The company looks for to understand entrepreneurs as people, appreciate their creativity and play to their strengths. Since achievement does not have a stereotype. For more, see www.accel.com or www.twitter.com/accel_india.
eSchool News Staff.
About Owl Ventures.
With the beginning of Covid-19, SplashLearn saw a rise of practically 3x in adoption, as more trainees turned online and families began looking for educational support. In 2020, more than 10 million brand-new users joined the SplashLearn program. The demand was available in not only from the United States but likewise the UK, Australia, and Canada. In the latter half of 2020, SplashLearn expanded its offering beyond the mathematics program to include reading and also released a tailored tutoring product, owing to growing demand from teachers and moms and dads.
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