SplashLearn Raises $18 Million in Series C Funding Round From Owl Ventures & Accel
” We picture a world where every kid would discover, fearlessly. The games within the program goal to shift the existing story around learning, turning it into an experience that augments the kids desire to learn by making discovering itself rewarding for each kid. Thus reducing their fear of failure, and producing what we like to call brave learners” stated Arpit Jain, CEO and co-founder, SplashLearn. “The funds will mostly be used for development and scaling our brand-new vertical– tutoring”, he included.
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 also introduced a customized tutoring product, owing to growing need from moms and dads and teachers.
SplashLearn, formerly Splash Math, develops engaging learning experiences constructed to change children into courageous learners. Its PreK-5 game-based knowing program is curriculum-aligned and has an adaptive algorithm that offers each kid an individualized learning experience that is enjoyable and immersive. It is presently utilized in 150+ countries and has actually benefitted more than 40 million kids around the world.
SplashLearn is available throughout all digital platforms (iOS, Android and Web). To find out more, check out www.splashlearn.com. Follow SplashLearn on Facebook, Instagram and Twitter.
Accel is a global venture capital firm that partners with remarkable founders with unique insights, from beginning 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 among the business the firm has backed over the past 35+ years. The firm seeks to comprehend entrepreneurs as individuals, value their creativity and play to their strengths. Due to the fact that greatness doesnt have a stereotype. For more, see www.accel.com or www.twitter.com/accel_india.
SplashLearn was included in 2010. The bulk of business originates 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 smartly adjusts to each childs knowing ability and assists them master abilities at their own rate. Its curriculum covers pre-kindergarten through grade 5 for mathematics and reading. With a strong concentrate on engagement and effectiveness, it has over 4,000+ curriculum-aligned games and activities, developed to create an interesting learning experience for kids.
SplashLearn, the US-headquartered discovering company started 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 childs knowing ability and helps 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 mathematics program to consist of reading and also introduced a personalized tutoring item, owing to growing need from moms and dads and instructors.
SplashLearn, the US-headquartered discovering 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 biggest edtech sector-focused equity capital firm in the world. Accel, who previously invested $7 million in Series B, also took part in this round.
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 knowledge and leverages a global network of Limited Partners, financiers, and strategic partners to help business owners scale their businesses into transformative category-leading companies.
eSchool News Staff.
SplashLearn, previously Splash Math, creates engaging discovering experiences constructed to transform children into courageous learners.
” SplashLearn is well poised to produce an unique modification in the digital knowing space with its special blend of clinically developed curriculum and its pedagogical methods with global appeal. SplashLearn suits our goal of supporting ingenious business 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 businesss board in addition to Abhinav Chaturvedi.
About the Author:.
About Owl Ventures.
” We are proud to partner and support SplashLearn which is bringing about a transformation in the digital knowing space,” said Abhinav Chaturvedi, Partner, Accel, who joined the businesss board in 2018