SplashLearn Raises $18 Million in Series C Funding Round From Owl Ventures & Accel
eSchool News Staff.
The bulk of the organization comes from the United States and currently, students in one in every three schools in the nation use SplashLearn. SplashLearn is a game-based knowing program that smartly adapts to each childs learning ability and assists them master skills at their own pace.
Owl Ventures is the biggest endeavor capital fund on the planet concentrated on the education technology market with over $1.2 billion in possessions under management. The Silicon Valley-based firm buys the worlds leading education innovation companies throughout the education spectrum including PreK-12, college and future of work (profession movement/ professional learning). Owl Ventures has deep domain knowledge and leverages a worldwide network of Limited Partners, investors, and tactical partners to help business owners scale their businesses into transformative category-leading companies. Discover more at www.owlvc.com
In 2020, more than 10 million brand-new users signed up with the SplashLearn program. In the latter half of 2020, SplashLearn broadened its offering beyond the math program to consist of reading and also launched a personalized tutoring item, owing to growing need from moms and dads and instructors.
SplashLearn, the US-headquartered discovering 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 wisely adjusts to each childs learning ability and assists them master skills at their own speed. 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 demand from teachers and parents.
SplashLearn, formerly Splash Math, develops engaging discovering experiences developed to transform children into courageous learners.
” We are proud to partner and assistance SplashLearn which is producing an improvement in the digital learning space,” stated Abhinav Chaturvedi, Partner, Accel, who joined the companys board in 2018
” SplashLearn is well poised to produce a distinct change in the digital learning area with its distinct mix of clinically developed curriculum and its pedagogical approaches with international appeal. SplashLearn suits our goal of supporting innovative companies in the edtech area, 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.
Accel is a worldwide venture capital firm that partners with remarkable founders with special insights, from beginning through all phases of personal company 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 firm seeks to comprehend entrepreneurs as individuals, value their originality and play to their strengths. Due to the fact that achievement does not have a stereotype. For more, see www.accel.com or www.twitter.com/accel_india.
About Owl Ventures.
The video games within the program aim to shift the current narrative around learning, turning it into an experience that augments the kids desire to discover by making discovering itself rewarding for every child. Hence reducing their fear of failure, and creating what we like to call courageous learners” stated Arpit Jain, CEO and co-founder, SplashLearn.
About the Author:.
SplashLearn, formerly Splash Math, develops engaging finding out experiences developed to transform children into fearless students. Its PreK-5 game-based knowing program is curriculum-aligned and has an adaptive algorithm that uses each kid a tailored learning experience that is enjoyable and immersive. It is currently utilized in 150+ countries and has benefitted more than 40 million kids around the world.
SplashLearn is offered throughout all digital platforms (iOS, Android and Web). For more details, see www.splashlearn.com. Follow SplashLearn on Facebook, Instagram and Twitter.
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 venture capital firm in the world. Accel, who earlier invested $7 million in Series B, likewise took part in this round.