SplashLearn Raises $18 Million in Series C Funding Round From Owl Ventures & Accel
SplashLearn, formerly Splash Math, develops engaging discovering experiences built to change children into courageous learners. Its PreK-5 game-based knowing program is curriculum-aligned and has an adaptive algorithm that uses each kid a tailored 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.
The bulk of the company comes from the United States and currently, students in one in every three schools in the country usage SplashLearn. SplashLearn is a game-based knowing program that wisely adjusts to each childs learning ability and helps them master abilities at their own speed.
” SplashLearn is well poised to cause an unique modification in the digital knowing area with its unique mix of scientifically developed curriculum and its pedagogical approaches with international appeal. SplashLearn suits our objective of supporting innovative companies in the edtech space, 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 in addition to Abhinav Chaturvedi.
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. SplashLearn is a game-based learning program that intelligently adapts to each childs knowing capability and assists them master abilities at their own rate. 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 include reading and also released a customized tutoring item, owing to growing demand from moms and dads and teachers.
SplashLearn, formerly Splash Math, produces engaging finding out experiences constructed to transform children into fearless learners.
SplashLearn, the US-headquartered finding out company 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 equity capital company in the world. Accel, who previously invested $7 million in Series B, likewise took part in this round.
” We are proud to partner and support SplashLearn which is bringing about a transformation in the digital learning space,” stated Abhinav Chaturvedi, Partner, Accel, who signed up with the businesss board in 2018
The games within the program goal to move the existing story around knowing, turning it into an experience that enhances the kids desire to discover by making discovering itself rewarding for every kid. Thus minimizing their worry of failure, and creating what we like to call courageous students” said Arpit Jain, CEO and co-founder, SplashLearn.
eSchool News Staff.
Owl Ventures is the largest equity capital fund worldwide concentrated on the education innovation market with over $1.2 billion in assets under management. The Silicon Valley-based company purchases the worlds leading education technology business across the education spectrum encompassing PreK-12, college and future of work (career mobility/ 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
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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 consist of reading and likewise introduced a tailored tutoring item, owing to growing need from moms and dads and teachers.
Accel is a worldwide endeavor capital firm that partners with exceptional founders with unique insights, from creation through all stages of private 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 company has actually backed over the past 35+ years. The company seeks to comprehend business owners as people, appreciate their creativity and play to their strengths. Because achievement does not have a stereotype. For more, see www.accel.com or www.twitter.com/accel_india.
About Owl Ventures.
SplashLearn is available throughout all digital platforms (iOS, Android and Web). For more information, visit www.splashlearn.com. Follow SplashLearn on Facebook, Instagram and Twitter.