SplashLearn Raises $18 Million in Series C Funding Round From Owl Ventures & Accel
” SplashLearn is well poised to bring about a distinct modification in the digital learning space with its unique mix of clinically designed curriculum and its pedagogical techniques with global appeal. SplashLearn suits our objective of supporting innovative business in the edtech area, assisting drive a paradigm shift in the method education is imparted, bringing it to scale” stated Amit A. Patel Managing Director, Owl Ventures, who would be joining the companys board together with Abhinav Chaturvedi.
About the Author:.
Owl Ventures is the largest venture capital fund in the world concentrated on the education technology market with over $1.2 billion in properties under management. The Silicon Valley-based firm buys the worlds leading education technology business throughout the education spectrum incorporating PreK-12, college and future of work (career movement/ expert knowing). Owl Ventures has deep domain proficiency and leverages a global network of Limited Partners, financiers, and strategic partners to help entrepreneurs scale their businesses into transformative category-leading business. Discover more at www.owlvc.com
SplashLearn, the US-headquartered learning 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 adapts to each childs learning capability 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 broadened its offering beyond the math program to consist of reading and likewise released a customized tutoring product, owing to growing demand from instructors and moms and dads.
SplashLearn, formerly Splash Math, creates engaging finding out experiences built to change kids into fearless learners.
SplashLearn, formerly Splash Math, produces engaging learning experiences constructed to change children into courageous learners. Its PreK-5 game-based learning program is curriculum-aligned and has an adaptive algorithm that uses each kid an individualized knowing experience that is fun and immersive. It is presently utilized in 150+ nations and has actually benefitted more than 40 million kids around the world.
” We imagine a world where every kid would learn, fearlessly. The video games within the program objective to shift 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 single kid. Thus minimizing their worry of failure, and creating what we like to call fearless learners” said Arpit Jain, CEO and co-founder, SplashLearn. “The funds will primarily be used for growth and scaling our brand-new vertical– tutoring”, he included.
SplashLearn is offered throughout all digital platforms (iOS, Android and Web). For more details, visit www.splashlearn.com. Follow SplashLearn on Facebook, Instagram and Twitter.
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 mathematics program to consist of reading and also launched a personalized tutoring product, owing to growing need from moms and dads and teachers.
SplashLearn, the US-headquartered learning 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 largest edtech sector-focused equity capital firm in the world. Accel, who earlier invested $7 million in Series B, likewise got involved in this round.
Accel is an international venture capital firm that partners with extraordinary creators with special 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.
eSchool News Staff.
SplashLearn was integrated in 2010. The bulk of the 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 learning program that smartly adapts to each kids knowing ability and assists them master abilities at their own speed. Its curriculum covers pre-kindergarten through grade 5 for mathematics and reading. With a strong concentrate on engagement and efficacy, it has over 4,000+ curriculum-aligned games and activities, created to produce an exciting knowing experience for kids.
About Owl Ventures.
” We are happy to partner and support SplashLearn which is bringing about a change in the digital knowing area,” said Abhinav Chaturvedi, Partner, Accel, who signed up with the companys board in 2018