SplashLearn Raises $18 Million in Series C Funding Round From Owl Ventures & Accel
SplashLearn, the US-headquartered discovering business 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 worldwide. Accel, who previously invested $7 million in Series B, likewise took part in this round.
Owl Ventures is the biggest endeavor 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 a worldwide network of Limited Partners, financiers, and tactical partners to assist business owners scale their companies into transformative category-leading business.
The video games within the program objective to shift the existing narrative around learning, turning it into an experience that enhances the kids desire to learn by making learning itself rewarding for every child. Hence minimizing their fear of failure, and producing what we like to call fearless students” stated Arpit Jain, CEO and co-founder, SplashLearn.
About the Author:.
About Owl Ventures.
SplashLearn is offered across all digital platforms (iOS, Android and Web). For more information, visit www.splashlearn.com. Follow SplashLearn on Facebook, Instagram and Twitter.
” We are proud to partner and assistance SplashLearn which is causing a transformation in the digital learning space,” stated Abhinav Chaturvedi, Partner, Accel, who joined the companys board in 2018
eSchool News Staff.
SplashLearn, the US-headquartered finding out business began 2021 on a high note raising $18 million in Series C funding round led by Owl Ventures. SplashLearn is a game-based knowing program that smartly adjusts to each kids learning ability and helps them master skills at their own pace. 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 launched a tailored tutoring product, owing to growing demand from instructors and moms and dads.
SplashLearn, previously Splash Math, creates engaging finding out experiences built to change kids into brave students.
In 2020, more than 10 million brand-new users signed up with the SplashLearn program. In the latter half of 2020, SplashLearn broadened its offering beyond the mathematics program to consist of reading and also introduced a personalized tutoring item, owing to growing need from instructors and moms and dads.
” SplashLearn is well poised to cause an unique change in the digital knowing space with its distinct mix of scientifically created curriculum and its pedagogical techniques with global appeal. SplashLearn fits into our goal of supporting ingenious business in the edtech space, helping 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 joining the companys board together with Abhinav Chaturvedi.
Accel is an international venture capital company that partners with exceptional founders with distinct insights, from creation through all phases of private 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 past 35+ years.
SplashLearn was integrated in 2010. The bulk of business originates from the United States and presently, trainees in one in every 3 schools in the country usage SplashLearn. SplashLearn is a game-based knowing program that intelligently adjusts to each kids learning capability and helps them master skills at their own rate. 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 games and activities, created to produce an amazing knowing experience for kids.
SplashLearn, formerly Splash Math, develops engaging finding out experiences built to change children into brave students. Its PreK-5 game-based learning program is curriculum-aligned and has an adaptive algorithm that offers each child a customized learning experience that is fun and immersive. It is currently utilized in 150+ nations and has actually benefitted more than 40 million kids around the world.