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 children into courageous students.
Accel is a global venture capital firm that partners with exceptional founders with unique 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 companies the company has backed over the previous 35+ years. The firm looks for to comprehend business owners as individuals, value their originality and play to their strengths. Because success does not have a stereotype. For more, see www.accel.com or www.twitter.com/accel_india.
Owl Ventures is the largest endeavor 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 expertise and leverages an international network of Limited Partners, investors, and strategic partners to assist entrepreneurs scale their companies into transformative category-leading business.
SplashLearn, previously Splash Math, develops engaging finding out experiences constructed to transform kids into courageous learners. Its PreK-5 game-based knowing program is curriculum-aligned and has an adaptive algorithm that offers each kid a tailored knowing experience that is fun and immersive. It is currently utilized in 150+ countries and has actually benefitted more than 40 million kids around the world.
SplashLearn is offered throughout all digital platforms (iOS, Android and Web). To learn more, see www.splashlearn.com. Follow SplashLearn on Facebook, Instagram and Twitter.
The bulk of the company comes from the United States and currently, 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 abilities at their own speed.
” We envision a world where every child would find out, fearlessly. The video games within the program objective to shift the existing story around knowing, turning it into an experience that enhances the kids desire to find out by making discovering itself rewarding for each kid. Therefore lowering their worry of failure, and developing what we like to call brave students” said Arpit Jain, CEO and co-founder, SplashLearn. “The funds will primarily be used for development and scaling our brand-new vertical– tutoring”, he added.
eSchool News Staff.
” SplashLearn is well poised to produce an unique change in the digital knowing area with its distinct blend of clinically created curriculum and its pedagogical methods with international appeal. SplashLearn fits into our objective of supporting innovative companies in the edtech space, 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.
” We are proud to partner and support SplashLearn which is bringing about an improvement in the digital knowing space,” said Abhinav Chaturvedi, Partner, Accel, who signed up with the companys board in 2018
SplashLearn, the US-headquartered finding out company began 2021 on a high note raising $18 million in Series C financing round led by Owl Ventures. SplashLearn is a game-based knowing program that smartly adjusts to each kids knowing capability and assists 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 broadened its offering beyond the math program to include reading and also introduced a tailored tutoring product, owing to growing demand from instructors and moms and dads.
About Owl Ventures.
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SplashLearn, the US-headquartered finding out business started 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 equity capital firm in the world. Accel, who previously invested $7 million in Series B, also participated in this round.
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 mathematics program to include reading and also launched a personalized tutoring item, owing to growing need from moms and dads and teachers.