SplashLearn Raises $18 Million in Series C Funding Round From Owl Ventures & Accel
” We are proud to partner and support SplashLearn which is producing a transformation in the digital knowing area,” stated Abhinav Chaturvedi, Partner, Accel, who joined the companys board in 2018
About Owl Ventures.
Accel is a worldwide equity capital firm that partners with exceptional founders with unique insights, from beginning through all stages of private business development. 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 companies the company has actually backed over the previous 35+ years. The company seeks to comprehend entrepreneurs as people, value their originality and play to their strengths. Due to the fact that success does not have a stereotype. For more, visit www.accel.com or www.twitter.com/accel_india.
SplashLearn is available across all digital platforms (iOS, Android and Web). For additional information, visit www.splashlearn.com. Follow SplashLearn on Facebook, Instagram and Twitter.
eSchool News Staff.
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 wisely adjusts to each childs learning ability and assists them master abilities at their own speed. 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 consist of reading and likewise introduced a personalized tutoring product, owing to growing need from moms and dads and teachers.
SplashLearn, formerly Splash Math, develops engaging discovering experiences developed to change kids into courageous learners.
” SplashLearn is well poised to bring about a distinct change in the digital knowing area with its unique blend of scientifically designed curriculum and its pedagogical techniques with worldwide appeal. SplashLearn fits into our goal of supporting innovative business in the edtech area, assisting 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 together with Abhinav Chaturvedi.
Owl Ventures is the biggest endeavor capital fund worldwide concentrated on the education technology market with over $1.2 billion in assets under management. The Silicon Valley-based firm purchases the worlds leading education technology business across the education spectrum including PreK-12, higher education and future of work (profession mobility/ expert learning). 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 companies into transformative category-leading companies. Discover more at www.owlvc.com
The games within the program aim to move the current narrative around knowing, turning it into an experience that augments the childs desire to find out by making discovering itself rewarding for every child. Thus reducing their worry of failure, and developing what we like to call fearless students” stated Arpit Jain, CEO and co-founder, SplashLearn.
SplashLearn, formerly Splash Math, creates engaging learning experiences constructed to transform children into courageous 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 presently utilized in 150+ countries and has actually benefitted more than 40 million kids around the world.
In 2020, more than 10 million new users signed up with the SplashLearn program. In the latter half of 2020, SplashLearn expanded its offering beyond the math program to consist of reading and also released a tailored tutoring item, owing to growing demand from parents and teachers.
SplashLearn, the US-headquartered discovering 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 was integrated in 2010. The bulk of business comes from the United States and currently, trainees in one in every three schools in the country use SplashLearn. SplashLearn is a game-based learning program that smartly adjusts to each kids learning ability and assists them master abilities at their own rate. Its curriculum covers pre-kindergarten through grade 5 for mathematics and reading. With a strong focus on engagement and effectiveness, it has more than 4,000+ curriculum-aligned video games and activities, developed to produce an exciting learning experience for kids.
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