SplashLearn Raises $18 Million in Series C Funding Round From Owl Ventures & Accel
Owl Ventures is the largest endeavor capital fund in the world focused on the education innovation market with over $1.2 billion in possessions under management. Owl Ventures has deep domain competence and leverages an international network of Limited Partners, financiers, and tactical partners to assist business owners scale their companies into transformative category-leading business.
” We imagine a world where every child would learn, fearlessly. 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 learning itself rewarding for each child. Therefore lowering their fear of failure, and developing what we like to call fearless students” said Arpit Jain, CEO and co-founder, SplashLearn. “The funds will primarily be used for growth and scaling our new vertical– tutoring”, he added.
eSchool News Staff.
Accel is a worldwide venture capital firm that partners with remarkable founders with special insights, from beginning through all stages of private 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 among the business the firm has actually backed over the previous 35+ years.
SplashLearn, previously Splash Math, produces engaging discovering experiences developed to change kids into fearless students. Its PreK-5 game-based learning program is curriculum-aligned and has an adaptive algorithm that offers each child a personalized learning experience that is fun and immersive. It is presently used in 150+ countries and has benefitted more than 40 million kids around the world.
SplashLearn, the US-headquartered finding out business began 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 wisely adjusts to each childs knowing capability and assists them master abilities at their own pace. 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 introduced a tailored tutoring item, owing to growing demand from instructors and moms and dads.
SplashLearn is available throughout all digital platforms (iOS, Android and Web). For more details, visit www.splashlearn.com. Follow SplashLearn on Facebook, Instagram and Twitter.
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 also released an individualized tutoring product, owing to growing need from parents and teachers.
” We are proud to partner and support SplashLearn which is causing an improvement in the digital learning area,” stated Abhinav Chaturvedi, Partner, Accel, who signed up with the businesss board in 2018
About Owl Ventures.
The bulk of the company comes from the United States and presently, students in one in every three schools in the country usage SplashLearn. SplashLearn is a game-based knowing program that intelligently adapts to each kids learning capability and helps them master skills at their own speed.
SplashLearn, the US-headquartered finding out 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 largest edtech sector-focused equity capital firm worldwide. Accel, who previously invested $7 million in Series B, also took part in this round.
SplashLearn, previously Splash Math, creates engaging discovering experiences built to change children into brave students.
” SplashLearn is well poised to produce a distinct modification in the digital learning area with its distinct blend of scientifically created curriculum and its pedagogical methods with international appeal. SplashLearn suits our objective of supporting innovative business in the edtech area, 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 signing up with the companys board together with Abhinav Chaturvedi.
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