SplashLearn Raises $18 Million in Series C Funding Round From Owl Ventures & Accel
SplashLearn, previously Splash Math, produces engaging learning experiences built to change children into fearless students.
SplashLearn, the US-headquartered learning 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 adapts to each kids learning ability and helps them master abilities at their own pace. 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 likewise released a customized tutoring product, owing to growing need from instructors and parents.
SplashLearn was incorporated in 2010. The bulk of the service comes from the United States and currently, students in one in every 3 schools in the country use SplashLearn. SplashLearn is a game-based knowing program that wisely adjusts to each childs knowing capability 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, developed to produce an amazing learning experience for kids.
About Owl Ventures.
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eSchool News Staff.
Owl Ventures is the largest equity capital fund on the planet focused on the education technology market with over $1.2 billion in possessions under management. The Silicon Valley-based firm buys the worlds leading education technology companies throughout the education spectrum including PreK-12, higher education and future of work (profession mobility/ professional learning). Owl Ventures has deep domain proficiency and leverages an international network of Limited Partners, financiers, and strategic partners to assist business owners scale their organizations into transformative category-leading companies. Find out more at www.owlvc.com
Accel is a worldwide venture capital firm that partners with exceptional creators with distinct insights, from beginning through all phases 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 company has actually backed over the past 35+ years. The company looks for to comprehend business owners as people, appreciate their creativity and play to their strengths. Due to the fact that greatness does not have a stereotype. For more, go to www.accel.com or www.twitter.com/accel_india.
SplashLearn, formerly Splash Math, develops engaging learning experiences constructed to change children into courageous learners. Its PreK-5 game-based learning program is curriculum-aligned and has an adaptive algorithm that provides each child a tailored learning experience that is enjoyable and immersive. It is presently used in 150+ countries and has actually benefitted more than 40 million kids around the world.
” We envision a world where every kid would learn, fearlessly. The video games within the program aim to shift the current narrative around learning, turning it into an experience that augments the kids desire to learn by making learning itself rewarding for each kid. Thus lowering their worry of failure, and creating what we like to call brave learners” said Arpit Jain, CEO and co-founder, SplashLearn. “The funds will mainly be utilized for growth and scaling our brand-new vertical– tutoring”, he added.
” SplashLearn is well poised to cause an unique change in the digital learning space with its special blend of clinically created curriculum and its pedagogical methods with worldwide appeal. SplashLearn suits our goal of supporting ingenious companies in the edtech area, helping drive a paradigm shift in the method education is imparted, bringing it to scale” said Amit A. Patel Managing Director, Owl Ventures, who would be joining the businesss board along with Abhinav Chaturvedi.
With the beginning of Covid-19, SplashLearn saw a surge of nearly 3x in adoption, as more students turned online and families began looking for academic assistance. In 2020, more than 10 million new users joined the SplashLearn program. The need was available in not only from the US however likewise the UK, Australia, and Canada. In the latter half of 2020, SplashLearn broadened its offering beyond the mathematics program to consist of reading and also released a personalized tutoring product, owing to growing need from parents and instructors.
” We are proud to partner and support SplashLearn which is causing a transformation in the digital knowing space,” stated Abhinav Chaturvedi, Partner, Accel, who signed up with the businesss board in 2018
SplashLearn is readily available across all digital platforms (iOS, Android and Web). For more details, go to www.splashlearn.com. Follow SplashLearn on Facebook, Instagram and Twitter.
SplashLearn, the US-headquartered discovering business started 2021 on a high note raising $18 million in Series C funding round led by Owl Ventures. San Francisco based Owl Ventures is the biggest edtech sector-focused endeavor capital company on the planet. Accel, who earlier invested $7 million in Series B, likewise took part in this round.