SplashLearn Raises $18 Million in Series C Funding Round From Owl Ventures & Accel
eSchool News Staff.
SplashLearn, formerly Splash Math, develops engaging learning experiences built to change children into fearless learners.
With the beginning of Covid-19, SplashLearn saw a rise of nearly 3x in adoption, as more students turned online and households began seeking academic assistance. In 2020, more than 10 million new users joined the SplashLearn program. The demand was available in not just from the US however also the UK, Australia, and Canada. In the latter half of 2020, SplashLearn expanded its offering beyond the mathematics program to consist of reading and also introduced a tailored tutoring item, owing to growing demand from instructors and moms and dads.
SplashLearn, the US-headquartered learning 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 adapts to each kids learning ability and assists 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 math program to consist of reading and likewise introduced an individualized tutoring product, owing to growing need from instructors and moms and dads.
Accel is an international equity capital company that partners with remarkable founders with unique insights, from inception through all phases of private company 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 firm has actually backed over the past 35+ years. The company looks for to comprehend business owners as individuals, value their originality and play to their strengths. Because success does not have a stereotype. For more, check out www.accel.com or www.twitter.com/accel_india.
SplashLearn was included in 2010. The bulk of business originates from the United States and presently, trainees in one in every three schools in the nation usage SplashLearn. SplashLearn is a game-based knowing program that wisely adapts to each kids knowing 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 efficacy, it has more than 4,000+ curriculum-aligned video games and activities, created to create an interesting knowing experience for kids.
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The video games within the program goal to move the current narrative around knowing, turning it into an experience that enhances the childs desire to discover by making learning itself rewarding for every child. Therefore reducing their worry of failure, and producing what we like to call brave learners” stated Arpit Jain, CEO and co-founder, SplashLearn.
” SplashLearn is well poised to produce a distinct modification in the digital knowing space with its special mix of scientifically created curriculum and its pedagogical approaches with international appeal. SplashLearn suits our objective of supporting ingenious business in the edtech area, helping 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 companys board together with Abhinav Chaturvedi.
SplashLearn, formerly Splash Math, creates engaging learning experiences constructed to transform kids into fearless learners. Its PreK-5 game-based learning program is curriculum-aligned and has an adaptive algorithm that uses each kid a tailored knowing experience that is fun and immersive. It is currently utilized in 150+ countries and has benefitted more than 40 million kids around the world.
About Owl Ventures.
” We are proud to partner and assistance SplashLearn which is producing a change in the digital knowing area,” said Abhinav Chaturvedi, Partner, Accel, who signed up with the companys board in 2018
SplashLearn is readily available throughout all digital platforms (iOS, Android and Web). To learn more, check out www.splashlearn.com. Follow SplashLearn on Facebook, Instagram and Twitter.
SplashLearn, the US-headquartered learning company 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 largest edtech sector-focused equity capital company worldwide. Accel, who previously invested $7 million in Series B, also got involved in this round.
Owl Ventures is the largest endeavor capital fund in the world focused on the education innovation market with over $1.2 billion in properties under management. Owl Ventures has deep domain expertise and leverages a global network of Limited Partners, investors, and tactical partners to assist entrepreneurs scale their organizations into transformative category-leading business.