SplashLearn Raises $18 Million in Series C Funding Round From Owl Ventures & Accel
The bulk of the organization comes from the United States and presently, trainees in one in every 3 schools in the nation usage SplashLearn. SplashLearn is a game-based knowing program that intelligently adapts to each kids knowing capability and helps them master abilities at their own pace.
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 smartly adjusts to each kids knowing capability and assists them master abilities 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 math program to consist of reading and also introduced a personalized tutoring product, owing to growing need from parents and instructors.
eSchool News Staff.
SplashLearn, formerly Splash Math, creates engaging learning experiences built to transform children into fearless students. Its PreK-5 game-based learning program is curriculum-aligned and has an adaptive algorithm that uses each kid a personalized learning experience that is enjoyable and immersive. It is currently used in 150+ nations and has actually benefitted more than 40 million kids around the world.
SplashLearn, the US-headquartered discovering 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 in the world. Accel, who earlier invested $7 million in Series B, likewise took part in this round.
” We are happy to partner and support SplashLearn which is producing a change in the digital knowing area,” stated Abhinav Chaturvedi, Partner, Accel, who signed up with the businesss board in 2018
” SplashLearn is well poised to bring about an unique change in the digital knowing area with its unique mix of scientifically designed curriculum and its pedagogical techniques with worldwide appeal. SplashLearn suits our goal of supporting ingenious business in the edtech area, 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 signing up with the businesss board along with Abhinav Chaturvedi.
The games within the program objective to shift the existing narrative around learning, turning it into an experience that augments the kids desire to learn by making learning itself rewarding for every child. Thus lowering their worry of failure, and producing what we like to call brave students” said Arpit Jain, CEO and co-founder, SplashLearn.
Owl Ventures is the largest venture capital fund in the world focused on the education technology market with over $1.2 billion in possessions under management. Owl Ventures has deep domain expertise and leverages an international network of Limited Partners, investors, and strategic partners to assist entrepreneurs scale their companies into transformative category-leading business.
Accel is a global venture capital company that partners with extraordinary creators with special insights, from creation through all stages 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 amongst the companies the firm has actually backed over the past 35+ years.
SplashLearn is offered across all digital platforms (iOS, Android and Web). For more details, go to www.splashlearn.com. Follow SplashLearn on Facebook, Instagram and Twitter.
About Owl Ventures.
SplashLearn, formerly Splash Math, develops engaging finding out experiences constructed to transform kids into brave students.
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 consist of reading and also launched an individualized tutoring product, owing to growing need from instructors and moms and dads.
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