SplashLearn Raises $18 Million in Series C Funding Round From Owl Ventures & Accel
eSchool News Staff.
The games within the program goal to shift the current narrative around learning, turning it into an experience that enhances the childs desire to discover by making discovering itself rewarding for every kid. Hence decreasing their fear of failure, and developing what we like to call fearless students” said Arpit Jain, CEO and co-founder, SplashLearn.
SplashLearn, the US-headquartered discovering company started 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 childs knowing ability and assists them master skills at their own speed. 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 include reading and likewise introduced a customized tutoring product, owing to growing demand from teachers and moms and dads.
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” SplashLearn is well poised to produce a distinct modification in the digital knowing space with its special mix of clinically developed curriculum and its pedagogical methods with global appeal. SplashLearn suits our objective of supporting innovative companies in the edtech space, assisting drive a paradigm shift in the way education is imparted, bringing it to scale” said Amit A. Patel Managing Director, Owl Ventures, who would be signing up with the companys board together with Abhinav Chaturvedi.
SplashLearn, previously Splash Math, develops engaging learning experiences constructed to change kids into brave learners. Its PreK-5 game-based learning program is curriculum-aligned and has an adaptive algorithm that provides each kid an individualized learning experience that is fun and immersive. It is currently used in 150+ nations and has actually benefitted more than 40 million kids around the world.
Owl Ventures is the largest venture capital fund in the world focused on the education innovation market with over $1.2 billion in possessions under management. The Silicon Valley-based firm purchases the worlds leading education technology companies across the education spectrum incorporating PreK-12, college and future of work (profession mobility/ professional learning). Owl Ventures has deep domain proficiency and leverages a worldwide network of Limited Partners, financiers, and tactical partners to assist entrepreneurs scale their organizations into transformative category-leading business. Discover more at www.owlvc.com
” We are proud to partner and support SplashLearn which is producing a change in the digital learning area,” said Abhinav Chaturvedi, Partner, Accel, who joined the companys board in 2018
About Owl Ventures.
Accel is an international endeavor capital company that partners with exceptional founders with unique insights, from inception through all stages 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 amongst the business the firm has backed over the past 35+ years.
SplashLearn, the US-headquartered finding out company 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 largest edtech sector-focused venture capital firm in the world. Accel, who previously invested $7 million in Series B, likewise got involved in this round.
SplashLearn was integrated in 2010. The bulk of business originates from the United States and currently, students in one in every three schools in the country usage SplashLearn. SplashLearn is a game-based learning program that smartly adjusts to each childs learning ability and helps them master skills at their own speed. Its curriculum covers pre-kindergarten through grade 5 for math and reading. With a strong focus on engagement and effectiveness, it has more than 4,000+ curriculum-aligned games and activities, created to develop an interesting knowing experience for kids.
SplashLearn is offered throughout all digital platforms (iOS, Android and Web). To find out more, visit www.splashlearn.com. Follow SplashLearn on Facebook, Instagram and Twitter.
In 2020, more than 10 million brand-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 likewise launched a customized tutoring item, owing to growing need from instructors and parents.
SplashLearn, previously Splash Math, develops engaging learning experiences built to change children into courageous students.