SplashLearn Raises $18 Million in Series C Funding Round From Owl Ventures & Accel
SplashLearn was included in 2010. The bulk of business comes from the United States and currently, trainees in one in every three schools in the nation usage SplashLearn. SplashLearn is a game-based learning program that smartly adapts to each childs learning capability and assists them master abilities at their own speed. Its curriculum covers pre-kindergarten through grade 5 for math and reading. With a strong concentrate on engagement and effectiveness, it has more than 4,000+ curriculum-aligned video games and activities, created to produce an exciting knowing experience for kids.
The video games within the program aim to shift the existing story around learning, turning it into an experience that enhances the kids desire to learn by making learning itself rewarding for every kid. Thus decreasing their worry of failure, and producing what we like to call brave students” stated Arpit Jain, CEO and co-founder, SplashLearn.
” SplashLearn is well poised to bring about an unique modification in the digital knowing space with its distinct mix of scientifically developed curriculum and its pedagogical approaches with international appeal. SplashLearn fits into our objective of supporting ingenious companies in the edtech space, 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 signing up with the businesss board along with Abhinav Chaturvedi.
With the start of Covid-19, SplashLearn saw a rise of nearly 3x in adoption, as more students turned online and households started looking for instructional support. In 2020, more than 10 million brand-new users joined the SplashLearn program. The demand can be found in not only from the US but also the UK, Australia, and Canada. In the latter half of 2020, SplashLearn broadened its offering beyond the math program to include reading and also introduced an individualized tutoring item, owing to growing demand from teachers and parents.
SplashLearn, the US-headquartered discovering company 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 childs learning capability and helps them master abilities at their own pace. 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 an individualized tutoring product, owing to growing need from parents and instructors.
About Owl Ventures.
SplashLearn is available throughout all digital platforms (iOS, Android and Web). For more information, go to www.splashlearn.com. Follow SplashLearn on Facebook, Instagram and Twitter.
eSchool News Staff.
” We are happy to partner and assistance SplashLearn which is causing an improvement in the digital knowing space,” stated Abhinav Chaturvedi, Partner, Accel, who signed up with the companys board in 2018
About the Author:.
Accel is a global endeavor capital firm that partners with exceptional founders with special insights, from inception 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 business the company has backed over the past 35+ years.
Owl Ventures is the largest venture capital fund in the world focused on the education technology market with over $1.2 billion in properties under management. Owl Ventures has deep domain knowledge and leverages an international network of Limited Partners, financiers, and strategic partners to help business owners scale their companies into transformative category-leading companies.
SplashLearn, formerly Splash Math, creates engaging finding out experiences constructed to transform children into courageous students.
SplashLearn, the US-headquartered finding out business 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 on the planet. Accel, who earlier invested $7 million in Series B, also took part in this round.
SplashLearn, previously Splash Math, develops engaging learning experiences constructed to change children into brave students. Its PreK-5 game-based learning program is curriculum-aligned and has an adaptive algorithm that uses each child an individualized learning experience that is enjoyable and immersive. It is currently used in 150+ countries and has benefitted more than 40 million kids around the world.