SplashLearn Raises $18 Million in Series C Funding Round From Owl Ventures & Accel
The video games within the program aim to move the current story around learning, turning it into an experience that enhances the kids desire to discover by making discovering itself rewarding for every kid. Therefore decreasing their worry of failure, and creating what we like to call courageous students” said Arpit Jain, CEO and co-founder, SplashLearn.
About Owl Ventures.
eSchool News Staff.
The bulk of the company comes from the United States and presently, trainees in one in every three schools in the nation usage SplashLearn. SplashLearn is a game-based learning program that smartly adapts to each kids learning capability and assists them master skills at their own pace.
SplashLearn, formerly Splash Math, creates engaging learning experiences developed to transform kids into courageous learners. Its PreK-5 game-based learning program is curriculum-aligned and has an adaptive algorithm that uses each child a personalized knowing experience that is fun and immersive. It is currently used in 150+ countries and has actually benefitted more than 40 million kids around the world.
Accel is a global endeavor capital company that partners with exceptional founders with distinct insights, from creation 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 actually backed over the past 35+ years.
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SplashLearn, the US-headquartered learning company began 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 equity capital company on the planet. Accel, who earlier invested $7 million in Series B, likewise participated in this round.
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.
” SplashLearn is well poised to produce an unique change in the digital learning area with its distinct mix of scientifically created curriculum and its pedagogical techniques with global appeal. SplashLearn fits into our goal of supporting ingenious companies in the edtech space, helping 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 joining the companys board along with Abhinav Chaturvedi.
With the onset of Covid-19, SplashLearn saw a rise of nearly 3x in adoption, as more trainees turned online and households started looking for educational assistance. In 2020, more than 10 million brand-new users joined the SplashLearn program. The need can be found in not just from the United States however likewise the UK, Australia, and Canada. In the latter half of 2020, SplashLearn expanded its offering beyond the math program to include reading and also launched a personalized tutoring product, owing to growing demand from teachers and parents.
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 expertise and leverages an international network of Limited Partners, financiers, and strategic partners to assist entrepreneurs scale their businesses into transformative category-leading companies.
SplashLearn, formerly Splash Math, produces engaging finding out experiences built to change kids into brave students.
” We are proud to partner and support SplashLearn which is producing an improvement in the digital learning space,” said Abhinav Chaturvedi, Partner, Accel, who joined the companys board in 2018
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 adapts to each kids learning 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 include reading and likewise released an individualized tutoring item, owing to growing demand from teachers and parents.