SplashLearn Raises $18 Million in Series C Funding Round From Owl Ventures & Accel
SplashLearn, the US-headquartered learning 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 wisely adapts to each kids knowing ability and helps them master abilities at their own rate. 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 consist of reading and also launched a personalized tutoring item, owing to growing need from teachers and moms and dads.
” SplashLearn is well poised to bring about an unique modification in the digital learning area with its distinct blend of clinically designed curriculum and its pedagogical techniques with global appeal. SplashLearn fits into our objective of supporting ingenious 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 joining the businesss board in addition to Abhinav Chaturvedi.
About Owl Ventures.
The video games within the program objective to move the present story around knowing, turning it into an experience that enhances the kids desire to find out by making discovering itself rewarding for every child. Therefore minimizing their worry of failure, and developing what we like to call courageous students” said Arpit Jain, CEO and co-founder, SplashLearn.
Owl Ventures is the biggest venture capital fund on the planet concentrated on the education technology market with over $1.2 billion in assets under management. The Silicon Valley-based company buys the worlds leading education technology business throughout the education spectrum incorporating PreK-12, college and future of work (profession movement/ professional knowing). Owl Ventures has deep domain expertise and leverages a global network of Limited Partners, investors, and strategic partners to assist entrepreneurs scale their services into transformative category-leading companies. Find out more at www.owlvc.com
” We are happy to partner and assistance SplashLearn which is producing a change in the digital learning area,” stated Abhinav Chaturvedi, Partner, Accel, who joined the companys board in 2018
About the Author:.
SplashLearn is available across all digital platforms (iOS, Android and Web). For more details, see www.splashlearn.com. Follow SplashLearn on Facebook, Instagram and Twitter.
SplashLearn, previously Splash Math, creates engaging finding out experiences developed to transform kids into fearless students.
Accel is a global venture capital firm that partners with extraordinary 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 business the company has backed over the previous 35+ years.
SplashLearn was included in 2010. The bulk of the organization comes from the United States and currently, students in one in every three schools in the country use SplashLearn. SplashLearn is a game-based knowing program that intelligently adapts to each kids knowing ability and helps them master abilities at their own pace. Its curriculum covers pre-kindergarten through grade 5 for math and reading. With a strong focus on engagement and efficacy, it has over 4,000+ curriculum-aligned games and activities, developed to develop an exciting knowing experience for kids.
eSchool News Staff.
In 2020, more than 10 million brand-new users joined the SplashLearn program. In the latter half of 2020, SplashLearn broadened its offering beyond the mathematics program to consist of reading and also released a tailored tutoring item, owing to growing need from parents and instructors.
SplashLearn, the US-headquartered discovering company 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 largest edtech sector-focused venture capital company on the planet. Accel, who earlier invested $7 million in Series B, also participated in this round.
SplashLearn, previously Splash Math, develops engaging learning experiences developed to change children into fearless students. Its PreK-5 game-based knowing program is curriculum-aligned and has an adaptive algorithm that offers each child a customized knowing experience that is fun and immersive. It is currently utilized in 150+ nations and has actually benefitted more than 40 million kids around the world.