SplashLearn Raises $18 Million in Series C Funding Round From Owl Ventures & Accel
” We picture a world where every child would learn, fearlessly. The video games within the program goal to move the current narrative around learning, turning it into an experience that augments the childs desire to learn by making discovering itself rewarding for each kid. Therefore decreasing their fear of failure, and creating what we like to call brave learners” stated Arpit Jain, CEO and co-founder, SplashLearn. “The funds will mostly be used for growth and scaling our new vertical– tutoring”, he included.
SplashLearn, formerly Splash Math, produces engaging finding out experiences built to transform children into fearless students.
SplashLearn was integrated in 2010. The bulk of business originates from the United States and presently, students in one in every 3 schools in the nation use SplashLearn. SplashLearn is a game-based knowing program that wisely adjusts to each kids learning capability and assists them master skills at their own pace. Its curriculum covers pre-kindergarten through grade 5 for math and reading. With a strong concentrate on engagement and efficacy, it has more than 4,000+ curriculum-aligned video games and activities, developed to create an exciting knowing experience for kids.
SplashLearn, formerly Splash Math, develops engaging finding out experiences constructed to transform kids into brave learners. Its PreK-5 game-based learning program is curriculum-aligned and has an adaptive algorithm that uses each child a tailored learning experience that is enjoyable and immersive. It is currently used in 150+ nations and has benefitted more than 40 million kids around the world.
SplashLearn is offered throughout all digital platforms (iOS, Android and Web). For additional information, go to www.splashlearn.com. Follow SplashLearn on Facebook, Instagram and Twitter.
SplashLearn, the US-headquartered finding out company 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 largest edtech sector-focused equity capital company worldwide. Accel, who earlier invested $7 million in Series B, also participated in this round.
SplashLearn, the US-headquartered discovering company started 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 childs knowing capability and assists them master skills at their own rate. In 2020, more than 10 million new users signed up with the SplashLearn program. In the latter half of 2020, SplashLearn broadened its offering beyond the math program to consist of reading and likewise launched an individualized tutoring item, owing to growing demand from parents and teachers.
Owl Ventures is the largest venture capital fund in the world focused on the education technology market with over $1.2 billion in assets under management. Owl Ventures has deep domain expertise and leverages a worldwide network of Limited Partners, financiers, and tactical partners to assist business owners scale their companies into transformative category-leading business.
Accel is a global equity capital firm that partners with exceptional creators with unique insights, from inception through all stages 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. The company looks for to comprehend entrepreneurs as people, appreciate their creativity and play to their strengths. Due to the fact that success doesnt have a stereotype. For more, see www.accel.com or www.twitter.com/accel_india.
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” SplashLearn is well poised to produce a distinct modification in the digital knowing area 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 area, 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.
” We are proud to partner and support SplashLearn which is causing a transformation in the digital knowing area,” said Abhinav Chaturvedi, Partner, Accel, who signed up with the companys board in 2018
With the beginning of Covid-19, SplashLearn saw a surge of practically 3x in adoption, as more trainees turned online and households began looking for academic assistance. In 2020, more than 10 million brand-new users joined the SplashLearn program. The demand was available in not just from the United States however also the UK, Australia, and Canada. In the latter half of 2020, SplashLearn broadened its offering beyond the math program to consist of reading and likewise launched an individualized tutoring product, owing to growing demand from instructors and parents.
About Owl Ventures.
eSchool News Staff.