SplashLearn Raises $18 Million in Series C Funding Round From Owl Ventures & Accel
SplashLearn, formerly Splash Math, creates 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 offers each child a customized learning experience that is fun and immersive. It is presently used in 150+ countries and has actually benefitted more than 40 million kids around the world.
” SplashLearn is well poised to produce an unique modification in the digital knowing space with its unique blend of clinically developed curriculum and its pedagogical techniques with international appeal. SplashLearn suits our objective of supporting ingenious companies in the edtech space, assisting drive a paradigm shift in the method education is imparted, bringing it to scale” stated Amit A. Patel Managing Director, Owl Ventures, who would be signing up with the businesss board together with Abhinav Chaturvedi.
” We picture a world where every child would discover, fearlessly. The games within the program goal to shift the present narrative around learning, turning it into an experience that enhances the kids desire to learn by making learning itself rewarding for each child. Therefore minimizing their worry of failure, and developing what we like to call brave students” said Arpit Jain, CEO and co-founder, SplashLearn. “The funds will mainly be used for development and scaling our new vertical– tutoring”, he added.
SplashLearn, previously Splash Math, produces engaging discovering experiences built to transform children into fearless students.
About Owl Ventures.
SplashLearn, the US-headquartered learning company started 2021 on a high note raising $18 million in Series C funding round led by Owl Ventures. SplashLearn is a game-based knowing program that intelligently adjusts to each kids knowing ability and assists them master abilities at their own speed. 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 consist of reading and also launched a tailored tutoring product, owing to growing need from teachers and moms and dads.
SplashLearn, the US-headquartered finding out business 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 biggest edtech sector-focused equity capital firm on the planet. Accel, who previously invested $7 million in Series B, also took part in this round.
SplashLearn is readily available throughout all digital platforms (iOS, Android and Web). To find out more, check out www.splashlearn.com. Follow SplashLearn on Facebook, Instagram and Twitter.
Accel is a global venture capital company that partners with exceptional founders with unique insights, from inception through all phases of private business 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 company has actually backed over the previous 35+ years.
” We are happy to partner and assistance SplashLearn which is producing an improvement in the digital learning space,” stated Abhinav Chaturvedi, Partner, Accel, who signed up with the businesss board in 2018
The bulk of the service comes from the United States and currently, trainees in one in every three schools in the nation use SplashLearn. SplashLearn is a game-based knowing program that intelligently adapts to each childs learning capability and assists them master abilities at their own pace.
With the beginning of Covid-19, SplashLearn saw a surge of nearly 3x in adoption, as more trainees turned online and families began seeking instructional support. In 2020, more than 10 million new users joined the SplashLearn program. The need was available in not just from the United States but also the UK, Australia, and Canada. In the latter half of 2020, SplashLearn broadened its offering beyond the math program to include reading and also introduced a customized tutoring item, owing to growing demand from instructors and parents.
eSchool News Staff.
Owl Ventures is the largest venture capital fund in the world focused on the education technology market with over $1.2 billion in properties under management. Owl Ventures has deep domain competence and leverages a global network of Limited Partners, investors, and strategic partners to assist business owners scale their businesses into transformative category-leading business.
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