SplashLearn Raises $18 Million in Series C Funding Round From Owl Ventures & Accel
eSchool News Staff.
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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. SplashLearn is a game-based knowing program that wisely adapts to each childs knowing capability 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 math program to consist of reading and also released a tailored tutoring item, owing to growing demand from teachers and parents.
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About Owl Ventures.
SplashLearn was incorporated in 2010. The bulk of the company originates from the United States and currently, trainees in one in every 3 schools in the country usage SplashLearn. SplashLearn is a game-based knowing program that intelligently adapts to each childs knowing ability 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 efficacy, it has over 4,000+ curriculum-aligned games and activities, developed to develop an exciting learning experience for kids.
” We are proud to partner and support SplashLearn which is producing a transformation in the digital knowing space,” said Abhinav Chaturvedi, Partner, Accel, who joined the businesss board in 2018
” We visualize a world where every kid would find out, fearlessly. The games within the program aim to move the existing narrative around knowing, turning it into an experience that enhances the kids desire to learn by making discovering itself rewarding for every single child. Therefore decreasing their fear of failure, and producing what we like to call courageous students” said Arpit Jain, CEO and co-founder, SplashLearn. “The funds will mainly be utilized for development and scaling our new vertical– tutoring”, he added.
SplashLearn, formerly Splash Math, creates engaging discovering experiences developed to transform children into courageous learners. Its PreK-5 game-based knowing program is curriculum-aligned and has an adaptive algorithm that provides each child a tailored knowing experience that is enjoyable and immersive. It is presently utilized in 150+ countries and has benefitted more than 40 million kids around the world.
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 consist of reading and also launched an individualized tutoring item, owing to growing demand from parents and instructors.
SplashLearn is readily available across all digital platforms (iOS, Android and Web). To find out more, visit www.splashlearn.com. Follow SplashLearn on Facebook, Instagram and Twitter.
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. San Francisco based Owl Ventures is the largest edtech sector-focused venture capital company on the planet. Accel, who previously invested $7 million in Series B, also took part in this round.
” SplashLearn is well poised to bring about a distinct modification in the digital knowing area with its special blend of clinically developed curriculum and its pedagogical techniques with global appeal. SplashLearn fits into our objective of supporting ingenious companies in the edtech area, assisting drive a paradigm shift in the way education is imparted, bringing it to scale” stated Amit A. Patel Managing Director, Owl Ventures, who would be signing up with the businesss board in addition to Abhinav Chaturvedi.
SplashLearn, previously Splash Math, produces engaging learning experiences developed to transform kids into brave students.
Owl Ventures is the biggest endeavor capital fund on the planet concentrated on the education technology market with over $1.2 billion in properties under management. The Silicon Valley-based company buys the worlds leading education technology business across the education spectrum encompassing PreK-12, higher education and future of work (career mobility/ expert learning). Owl Ventures has deep domain expertise and leverages a worldwide network of Limited Partners, investors, and strategic partners to assist business owners scale their organizations into transformative category-leading companies. Discover more at www.owlvc.com