SplashLearn Raises $18 Million in Series C Funding Round From Owl Ventures & Accel
” We envision a world where every kid would discover, fearlessly. The video games within the program goal to shift the present story around learning, turning it into an experience that enhances the childs desire to learn by making learning itself rewarding for every single child. Hence decreasing their worry of failure, and producing what we like to call brave learners” said Arpit Jain, CEO and co-founder, SplashLearn. “The funds will primarily be utilized for growth and scaling our new vertical– tutoring”, he added.
SplashLearn, formerly Splash Math, produces engaging finding out experiences built to transform children into courageous students. Its PreK-5 game-based learning 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 utilized in 150+ countries and has benefitted more than 40 million kids around the world.
SplashLearn, the US-headquartered learning 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 largest edtech sector-focused venture capital company on the planet. Accel, who earlier invested $7 million in Series B, likewise took part in this round.
” We are proud to partner and assistance SplashLearn which is causing a transformation in the digital learning space,” stated Abhinav Chaturvedi, Partner, Accel, who signed up with the businesss board in 2018
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SplashLearn is readily available throughout all digital platforms (iOS, Android and Web). For more info, see www.splashlearn.com. Follow SplashLearn on Facebook, Instagram and Twitter.
” SplashLearn is well poised to produce an unique change in the digital knowing area with its special mix of clinically created curriculum and its pedagogical approaches with worldwide appeal. SplashLearn suits our objective of supporting ingenious companies in the edtech space, assisting drive a paradigm shift in the way education is imparted, bringing it to scale” said Amit A. Patel Managing Director, Owl Ventures, who would be joining the companys board in addition to Abhinav Chaturvedi.
With the start of Covid-19, SplashLearn saw a surge of practically 3x in adoption, as more students turned online and families started looking for instructional support. In 2020, more than 10 million brand-new users joined the SplashLearn program. The demand can be found in not only from the United States but also the UK, Australia, and Canada. In the latter half of 2020, SplashLearn expanded its offering beyond the mathematics program to include reading and also released a personalized tutoring item, owing to growing demand from moms and dads and teachers.
eSchool News Staff.
About Owl Ventures.
SplashLearn was integrated in 2010. The bulk of the organization originates from the United States and currently, trainees in one in every three schools in the nation usage SplashLearn. SplashLearn is a game-based learning program that smartly adjusts to each childs learning ability and assists them master abilities at their own rate. Its curriculum covers pre-kindergarten through grade 5 for mathematics and reading. With a strong focus on engagement and effectiveness, it has more than 4,000+ curriculum-aligned video games and activities, created to develop an amazing knowing experience for kids.
Owl Ventures is the biggest equity capital fund on the planet focused on the education technology market with over $1.2 billion in possessions under management. The Silicon Valley-based company invests in the worlds leading education innovation companies across the education spectrum encompassing PreK-12, college and future of work (profession mobility/ expert knowing). Owl Ventures has deep domain know-how and leverages a global network of Limited Partners, financiers, and strategic partners to help business owners scale their businesses into transformative category-leading companies. Find out more at www.owlvc.com
SplashLearn, previously Splash Math, produces engaging finding out experiences constructed to change children 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 knowing program that intelligently adjusts to each kids knowing capability and assists them master skills at their own rate. In 2020, more than 10 million 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 likewise introduced a customized tutoring item, owing to growing demand from parents and instructors.
Accel is a global venture capital firm that partners with exceptional founders with distinct 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.