SplashLearn Raises $18 Million in Series C Funding Round From Owl Ventures & Accel
SplashLearn, previously Splash Math, develops engaging learning experiences built to transform kids into brave students. Its PreK-5 game-based knowing program is curriculum-aligned and has an adaptive algorithm that provides each child a customized learning experience that is fun and immersive. It is currently used in 150+ countries and has benefitted more than 40 million kids around the world.
” We are happy to partner and support SplashLearn which is producing an improvement in the digital learning space,” said Abhinav Chaturvedi, Partner, Accel, who joined the businesss board in 2018
” SplashLearn is well poised to bring about an unique modification in the digital knowing area with its special mix of scientifically designed curriculum and its pedagogical methods with worldwide appeal. SplashLearn fits into our goal of supporting ingenious business 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 joining the businesss board in addition to Abhinav Chaturvedi.
Accel is a worldwide venture capital firm that partners with extraordinary creators with special insights, from inception through all stages 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 business the firm has backed over the previous 35+ years. The firm looks for to understand entrepreneurs as individuals, value their originality and play to their strengths. Since greatness does not have a stereotype. For more, visit www.accel.com or www.twitter.com/accel_india.
eSchool News Staff.
SplashLearn, the US-headquartered learning business 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 took part in this round.
SplashLearn is offered throughout all digital platforms (iOS, Android and Web). For additional information, check out www.splashlearn.com. Follow SplashLearn on Facebook, Instagram and Twitter.
About Owl Ventures.
SplashLearn, the US-headquartered learning company started 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 adapts to each childs knowing ability and helps them master abilities at their own speed. 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 include reading and likewise released a personalized tutoring product, owing to growing demand from teachers and moms and dads.
About the Author:.
Owl Ventures is the biggest endeavor capital fund on the planet focused on the education innovation market with over $1.2 billion in possessions under management. The Silicon Valley-based firm purchases the worlds leading education innovation business across the education spectrum encompassing PreK-12, college and future of work (profession movement/ professional learning). Owl Ventures has deep domain expertise and leverages a worldwide network of Limited Partners, financiers, and strategic partners to help entrepreneurs scale their companies into transformative category-leading business. Find out more at www.owlvc.com
SplashLearn, previously Splash Math, creates engaging finding out experiences constructed to change kids into courageous learners.
SplashLearn was included in 2010. The bulk of the company comes from the United States and presently, trainees in one in every 3 schools in the country usage SplashLearn. SplashLearn is a game-based learning program that smartly adjusts to each childs learning capability and helps them master skills at their own speed. Its curriculum covers pre-kindergarten through grade 5 for mathematics and reading. With a strong focus on engagement and efficacy, it has more than 4,000+ curriculum-aligned video games and activities, developed to produce an exciting learning experience for kids.
With the beginning of Covid-19, SplashLearn saw a surge of nearly 3x in adoption, as more trainees turned online and families began looking for educational assistance. In 2020, more than 10 million new users joined the SplashLearn program. The demand can be found in not just from the United States but also the UK, Australia, and Canada. In the latter half of 2020, SplashLearn expanded its offering beyond the math program to consist of reading and also introduced a tailored tutoring product, owing to growing need from moms and dads and instructors.
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 lowering their worry of failure, and developing what we like to call courageous students” stated Arpit Jain, CEO and co-founder, SplashLearn.