SplashLearn Raises $18 Million in Series C Funding Round From Owl Ventures & Accel
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 know-how and leverages a worldwide network of Limited Partners, financiers, and tactical partners to assist business owners scale their services into transformative category-leading companies.
The video games within the program goal to shift the existing narrative around knowing, turning it into an experience that enhances the childs desire to learn by making discovering itself rewarding for every kid. Hence decreasing their worry of failure, and developing what we like to call courageous students” said Arpit Jain, CEO and co-founder, SplashLearn.
eSchool News Staff.
SplashLearn, previously Splash Math, produces engaging discovering experiences developed to change kids into fearless students.
SplashLearn is readily available across all digital platforms (iOS, Android and Web). For more details, visit www.splashlearn.com. Follow SplashLearn on Facebook, Instagram and Twitter.
” We are proud to partner and assistance SplashLearn which is bringing about an improvement in the digital knowing space,” said Abhinav Chaturvedi, Partner, Accel, who signed up with the businesss board in 2018
Accel is a worldwide venture capital firm that partners with exceptional founders with distinct insights, from creation 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 amongst the business the company has backed over the past 35+ years.
SplashLearn, previously Splash Math, develops engaging discovering experiences built to transform kids into courageous students. Its PreK-5 game-based learning program is curriculum-aligned and has an adaptive algorithm that offers each child an individualized learning experience that is enjoyable and immersive. It is currently utilized in 150+ nations and has benefitted more than 40 million kids around the world.
” SplashLearn is well poised to produce a distinct modification in the digital learning space with its unique blend of clinically created curriculum and its pedagogical techniques with international appeal. SplashLearn fits into our objective of supporting innovative business 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 signing up with the businesss board together with Abhinav Chaturvedi.
SplashLearn, the US-headquartered learning 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 equity capital firm on the planet. Accel, who previously invested $7 million in Series B, also took part in this round.
About Owl Ventures.
SplashLearn was integrated in 2010. The bulk of business 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 intelligently adjusts to each childs knowing 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 focus on engagement and effectiveness, it has over 4,000+ curriculum-aligned games and activities, designed to create an exciting learning experience for kids.
With the start of Covid-19, SplashLearn saw a rise of nearly 3x in adoption, as more trainees turned online and families began seeking instructional support. In 2020, more than 10 million brand-new users signed up with the SplashLearn program. The demand came in not just from the US however likewise the UK, Australia, and Canada. In the latter half of 2020, SplashLearn expanded its offering beyond the mathematics program to include reading and also launched a customized tutoring item, owing to growing demand from moms and dads and instructors.
About the Author:.
SplashLearn, the US-headquartered discovering business 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 intelligently adjusts to each kids knowing capability and assists them master skills at their own speed. 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 consist of reading and likewise introduced an individualized tutoring item, owing to growing demand from instructors and parents.