SplashLearn Raises $18 Million in Series C Funding Round From Owl Ventures & Accel
SplashLearn, formerly Splash Math, develops engaging finding out experiences constructed to change kids into courageous learners.
SplashLearn, the US-headquartered learning business started 2021 on a high note raising $18 million in Series C financing round led by Owl Ventures. SplashLearn is a game-based learning program that wisely adjusts to each kids knowing ability and helps them master skills at their own pace. In 2020, more than 10 million new users signed up with the SplashLearn program. In the latter half of 2020, SplashLearn expanded its offering beyond the mathematics program to consist of reading and also launched a tailored tutoring product, owing to growing demand from instructors and parents.
Owl Ventures is the biggest endeavor capital fund on the planet focused on the education technology market with over $1.2 billion in properties under management. The Silicon Valley-based company purchases the worlds leading education innovation companies across the education spectrum encompassing PreK-12, college and future of work (career movement/ expert learning). Owl Ventures has deep domain proficiency and leverages a global network of Limited Partners, investors, and strategic partners to assist business owners scale their services into transformative category-leading companies. Discover more at www.owlvc.com
About Owl Ventures.
” We are proud to partner and assistance SplashLearn which is producing a transformation in the digital knowing area,” stated Abhinav Chaturvedi, Partner, Accel, who joined the companys board in 2018
SplashLearn, the US-headquartered discovering company began 2021 on a high note raising $18 million in Series C financing round led by Owl Ventures. San Francisco based Owl Ventures is the biggest edtech sector-focused endeavor capital company in the world. Accel, who previously invested $7 million in Series B, likewise got involved in this round.
Accel is a global endeavor capital firm that partners with remarkable creators with distinct insights, from creation through all stages 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 business the company has backed over the previous 35+ years. The company seeks to understand entrepreneurs as people, appreciate their originality and play to their strengths. Because success does not have a stereotype. For more, check out www.accel.com or www.twitter.com/accel_india.
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SplashLearn is available throughout all digital platforms (iOS, Android and Web). For more details, visit www.splashlearn.com. Follow SplashLearn on Facebook, Instagram and Twitter.
The bulk of the organization comes from the United States and presently, trainees in one in every 3 schools in the nation use SplashLearn. SplashLearn is a game-based learning program that intelligently adapts to each kids knowing ability and helps them master skills at their own pace.
SplashLearn, previously Splash Math, produces engaging discovering experiences developed to transform children into fearless students. Its PreK-5 game-based knowing program is curriculum-aligned and has an adaptive algorithm that offers each child an individualized knowing experience that is fun and immersive. It is presently used in 150+ countries and has benefitted more than 40 million kids around the world.
The games within the program aim to shift the existing story around knowing, turning it into an experience that augments the kids desire to discover by making discovering itself rewarding for every child. Therefore decreasing their worry of failure, and developing what we like to call courageous learners” stated Arpit Jain, CEO and co-founder, SplashLearn.
eSchool News Staff.
” SplashLearn is well poised to bring about an unique change in the digital knowing space with its distinct blend of clinically designed curriculum and its pedagogical techniques with global 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 signing up with the businesss board together with Abhinav Chaturvedi.
With the onset of Covid-19, SplashLearn saw a surge of practically 3x in adoption, as more students turned online and families began seeking educational assistance. In 2020, more than 10 million brand-new users signed up with the SplashLearn program. The demand was available in not just from the US however also the UK, Australia, and Canada. In the latter half of 2020, SplashLearn broadened its offering beyond the mathematics program to consist of reading and also introduced a tailored tutoring item, owing to growing demand from teachers and parents.