SplashLearn Raises $18 Million in Series C Funding Round From Owl Ventures & Accel
eSchool News Staff.
” SplashLearn is well poised to bring about a distinct change in the digital knowing area with its distinct mix of scientifically designed curriculum and its pedagogical techniques with international appeal. SplashLearn fits into our objective of supporting ingenious companies in the edtech space, assisting 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 companys board along with Abhinav Chaturvedi.
Owl Ventures is the largest venture capital fund in the world focused on the education technology market with over $1.2 billion in assets under management. Owl Ventures has deep domain knowledge and leverages a global network of Limited Partners, financiers, and strategic partners to assist entrepreneurs scale their companies into transformative category-leading companies.
” We envision a world where every kid would find out, fearlessly. The video games within the program aim to move the current narrative around learning, turning it into an experience that augments the childs desire to find out by making discovering itself rewarding for each child. Therefore reducing their fear of failure, and developing what we like to call brave learners” said Arpit Jain, CEO and co-founder, SplashLearn. “The funds will primarily be utilized for growth and scaling our new vertical– tutoring”, he included.
Accel is a worldwide endeavor capital firm that partners with exceptional founders with special insights, from creation through all stages of personal company 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 backed over the past 35+ years.
SplashLearn, previously Splash Math, creates engaging learning experiences developed to change children into fearless students.
SplashLearn is available across all digital platforms (iOS, Android and Web). For more details, go to www.splashlearn.com. Follow SplashLearn on Facebook, Instagram and Twitter.
” We are proud to partner and assistance SplashLearn which is producing a transformation in the digital knowing area,” stated Abhinav Chaturvedi, Partner, Accel, who signed up with the businesss board in 2018
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 worldwide. Accel, who previously invested $7 million in Series B, likewise took part in this round.
SplashLearn, previously Splash Math, develops engaging discovering experiences built to transform children into brave learners. Its PreK-5 game-based knowing program is curriculum-aligned and has an adaptive algorithm that provides each kid a customized learning experience that is fun and immersive. It is presently utilized in 150+ nations and has actually benefitted more than 40 million kids around the world.
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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 mathematics program to consist of reading and likewise introduced an individualized tutoring product, owing to growing need from parents and instructors.
SplashLearn, the US-headquartered discovering company 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 wisely adapts to each kids knowing capability and assists them master abilities at their own rate. 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 include reading and also introduced a personalized tutoring product, owing to growing need from teachers and moms and dads.
SplashLearn was included in 2010. The bulk of the company originates from the United States and currently, students in one in every 3 schools in the country use SplashLearn. SplashLearn is a game-based learning program that wisely adjusts to each kids knowing ability and helps them master skills at their own rate. Its curriculum covers pre-kindergarten through grade 5 for math and reading. With a strong concentrate on engagement and efficacy, it has over 4,000+ curriculum-aligned video games and activities, created to develop an amazing learning experience for kids.