SplashLearn Raises $18 Million in Series C Funding Round From Owl Ventures & Accel
About Owl Ventures.
The video games within the program objective to move the present story around knowing, turning it into an experience that enhances the childs desire to learn by making learning itself rewarding for every child. Therefore lowering their worry of failure, and developing what we like to call brave students” said Arpit Jain, CEO and co-founder, SplashLearn.
SplashLearn, the US-headquartered discovering business began 2021 on a high note raising $18 million in Series C financing round led by Owl Ventures. SplashLearn is a game-based knowing program that intelligently adapts to each childs knowing 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 also introduced a personalized tutoring product, owing to growing demand from moms and dads and instructors.
The bulk of the service comes from the United States and currently, students in one in every 3 schools in the nation usage SplashLearn. SplashLearn is a game-based knowing program that intelligently adapts to each kids knowing ability and assists 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 broadened its offering beyond the mathematics program to consist of reading and likewise introduced an individualized tutoring product, owing to growing need from moms and dads and instructors.
SplashLearn, previously Splash Math, develops engaging discovering experiences constructed to change kids into fearless learners.
” We are proud to partner and assistance SplashLearn which is bringing about a change in the digital knowing space,” stated Abhinav Chaturvedi, Partner, Accel, who signed up with the businesss board in 2018
” SplashLearn is well poised to produce an unique change in the digital knowing area with its unique mix of scientifically designed curriculum and its pedagogical approaches with worldwide appeal. SplashLearn fits into our objective of supporting ingenious companies in the edtech space, assisting 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 signing up with the businesss board along with Abhinav Chaturvedi.
About the Author:.
Owl Ventures is the biggest venture capital fund on the planet concentrated on the education technology market with over $1.2 billion in assets under management. The Silicon Valley-based firm buys the worlds leading education technology business throughout the education spectrum including PreK-12, college and future of work (profession mobility/ professional knowing). Owl Ventures has deep domain competence and leverages a global network of Limited Partners, investors, and strategic partners to assist business owners scale their organizations into transformative category-leading business. Discover more at www.owlvc.com
eSchool News Staff.
SplashLearn is offered throughout all digital platforms (iOS, Android and Web). For additional information, check out www.splashlearn.com. Follow SplashLearn on Facebook, Instagram and Twitter.
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 venture capital firm in the world. Accel, who previously invested $7 million in Series B, likewise got involved in this round.
SplashLearn, previously Splash Math, produces engaging finding out experiences developed to change children into brave students. Its PreK-5 game-based learning program is curriculum-aligned and has an adaptive algorithm that provides each child an individualized learning experience that is enjoyable and immersive. It is currently utilized in 150+ countries and has benefitted more than 40 million kids around the world.
Accel is an international equity capital company that partners with exceptional founders with distinct insights, from inception through all phases of personal business 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 companies the company has actually backed over the previous 35+ years. The firm looks for to understand entrepreneurs as individuals, value their creativity and play to their strengths. Because achievement doesnt have a stereotype. For more, go to www.accel.com or www.twitter.com/accel_india.