SplashLearn Raises $18 Million in Series C Funding Round From Owl Ventures & Accel
SplashLearn is offered throughout all digital platforms (iOS, Android and Web). For more details, check out www.splashlearn.com. Follow SplashLearn on Facebook, Instagram and Twitter.
SplashLearn, formerly Splash Math, produces engaging discovering experiences built to transform children into fearless students.
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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 learning ability and helps them master abilities at their own rate. 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 released an individualized tutoring item, owing to growing need from instructors and parents.
In 2020, more than 10 million brand-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 customized tutoring product, owing to growing need from teachers and parents.
Accel is a worldwide endeavor capital firm that partners with remarkable creators with unique insights, from beginning through all phases of private 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 among the business the firm has actually backed over the previous 35+ years.
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. Owl Ventures has deep domain proficiency and leverages an international network of Limited Partners, financiers, and tactical partners to assist entrepreneurs scale their businesses into transformative category-leading companies.
eSchool News Staff.
The bulk of the service comes from the United States and currently, students in one in every 3 schools in the country usage SplashLearn. SplashLearn is a game-based learning program that wisely adjusts to each childs knowing ability and helps them master abilities at their own pace.
” We are happy to partner and support SplashLearn which is bringing about a change in the digital learning area,” stated Abhinav Chaturvedi, Partner, Accel, who signed up with the companys board in 2018
About Owl Ventures.
” We envision a world where every kid would learn, fearlessly. The video games within the program goal to shift the present narrative around learning, turning it into an experience that augments the kids desire to discover by making learning itself rewarding for each child. Therefore minimizing their worry of failure, and creating what we like to call fearless students” stated Arpit Jain, CEO and co-founder, SplashLearn. “The funds will primarily be utilized for development and scaling our new vertical– tutoring”, he included.
” SplashLearn is well poised to bring about an unique change in the digital learning space with its distinct blend of scientifically designed curriculum and its pedagogical techniques with worldwide appeal. SplashLearn fits into our objective of supporting ingenious companies in the edtech space, helping 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 joining the businesss board in addition to Abhinav Chaturvedi.
SplashLearn, previously Splash Math, produces engaging learning experiences constructed to change kids into fearless learners. Its PreK-5 game-based learning program is curriculum-aligned and has an adaptive algorithm that uses each child a customized learning experience that is enjoyable and immersive. It is currently used in 150+ nations and has benefitted more than 40 million kids around the world.
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 largest edtech sector-focused endeavor capital firm on the planet. Accel, who previously invested $7 million in Series B, likewise took part in this round.