SplashLearn Raises $18 Million in Series C Funding Round From Owl Ventures & Accel
SplashLearn, previously Splash Math, produces engaging learning experiences built to transform children into fearless learners. Its PreK-5 game-based knowing program is curriculum-aligned and has an adaptive algorithm that uses each kid an individualized knowing experience that is fun and immersive. It is currently utilized in 150+ countries and has actually benefitted more than 40 million kids around the world.
SplashLearn, the US-headquartered learning company 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 equity capital firm worldwide. Accel, who previously invested $7 million in Series B, also got involved in this round.
In 2020, more than 10 million brand-new users signed up with the SplashLearn program. In the latter half of 2020, SplashLearn broadened its offering beyond the math program to include reading and also released a customized tutoring product, owing to growing demand from teachers and moms and dads.
Accel is a worldwide equity capital company that partners with extraordinary founders with distinct insights, from inception through all phases of private 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 companies the company has backed over the previous 35+ years. The firm looks for to comprehend entrepreneurs as people, appreciate their originality and play to their strengths. Because success doesnt have a stereotype. For more, go to www.accel.com or www.twitter.com/accel_india.
” We are proud to partner and support SplashLearn which is bringing about an improvement in the digital learning area,” said Abhinav Chaturvedi, Partner, Accel, who signed up with the businesss board in 2018
SplashLearn was incorporated in 2010. The bulk of the service originates from the United States and presently, students in one in every three schools in the country use SplashLearn. SplashLearn is a game-based learning program that smartly adjusts to each childs learning capability and helps them master abilities at their own pace. Its curriculum covers pre-kindergarten through grade 5 for mathematics and reading. With a strong focus on engagement and effectiveness, it has over 4,000+ curriculum-aligned games and activities, designed to develop an exciting knowing experience for kids.
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” SplashLearn is well poised to bring about a distinct modification in the digital knowing space with its special mix of scientifically created curriculum and its pedagogical approaches with international appeal. SplashLearn suits our goal of supporting innovative companies in the edtech space, assisting 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 along with Abhinav Chaturvedi.
Owl Ventures is the largest endeavor capital fund on the planet focused on the education innovation market with over $1.2 billion in assets under management. The Silicon Valley-based company purchases the worlds leading education innovation companies throughout the education spectrum encompassing PreK-12, college and future of work (career mobility/ professional learning). Owl Ventures has deep domain proficiency and leverages a worldwide network of Limited Partners, investors, and tactical partners to help entrepreneurs scale their organizations into transformative category-leading business. Discover more at www.owlvc.com
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The video games within the program goal to shift the existing story around knowing, turning it into an experience that enhances the kids desire to learn by making discovering itself rewarding for every child. Hence reducing their worry of failure, and developing what we like to call courageous students” stated Arpit Jain, CEO and co-founder, SplashLearn.
About Owl Ventures.
SplashLearn, the US-headquartered learning business began 2021 on a high note raising $18 million in Series C financing round led by Owl Ventures. SplashLearn is a game-based learning program that smartly adapts to each childs learning capability and assists them master skills at their own rate. In 2020, more than 10 million brand-new users signed up with the SplashLearn program. In the latter half of 2020, SplashLearn expanded its offering beyond the math program to consist of reading and likewise introduced a customized tutoring product, owing to growing need from parents and instructors.
SplashLearn, previously Splash Math, produces engaging learning experiences constructed to transform children into brave learners.
SplashLearn is readily available across all digital platforms (iOS, Android and Web). For more details, see www.splashlearn.com. Follow SplashLearn on Facebook, Instagram and Twitter.