SplashLearn, the US-headquartered studying firm started 2021 on a excessive observe elevating $18 million in Collection C funding spherical led by Owl Ventures. San Francisco based mostly Owl Ventures is the biggest edtech sector-focused enterprise capital agency on this planet. Accel, who earlier invested $7 million in Collection B, additionally participated on this spherical.
SplashLearn was included in 2010. The majority of the enterprise comes from america and presently, college students in a single in each three faculties within the nation use SplashLearn. SplashLearn is a game-based studying program that intelligently adapts to every baby’s studying potential and helps them grasp expertise at their very own tempo. Its curriculum covers pre-kindergarten by way of grade 5 for math and studying. With a powerful concentrate on engagement and efficacy, it has over 4,000+ curriculum-aligned video games and actions, designed to create an thrilling studying expertise for youths.
With the onset of Covid-19, SplashLearn noticed a surge of just about 3x in adoption, as extra college students turned on-line and households started in search of academic assist. In 2020, greater than 10 million new customers joined the SplashLearn program. The demand got here in not solely from the US but in addition the UK, Australia, and Canada. Within the latter half of 2020, SplashLearn expanded its providing past the maths program to incorporate studying and likewise launched a personalised tutoring product, owing to rising demand from mother and father and academics.
“We envision a world the place each baby would be taught, fearlessly. The video games inside the program goal to shift the present narrative round studying, turning it into an expertise that augments the kid’s need to be taught by making studying itself rewarding for each baby. Thus decreasing their worry of failure, and creating what we prefer to name fearless learners” mentioned Arpit Jain, CEO and co-founder, SplashLearn. “The funds will primarily be used for development and scaling our new vertical – tutoring”, he added.
“SplashLearn is effectively poised to carry a couple of distinct change within the digital studying house with its distinctive mix of scientifically designed curriculum and its pedagogical strategies with international enchantment. SplashLearn suits into our goal of supporting modern firms within the edtech house, serving to drive a paradigm shift in the best way schooling is imparted, bringing it to scale” mentioned Amit A. Patel Managing Director, Owl Ventures, who could be becoming a member of the corporate’s board together with Abhinav Chaturvedi.
“We’re proud to associate and assist SplashLearn which is bringing a couple of transformation within the digital studying house,” mentioned Abhinav Chaturvedi, Accomplice, Accel, who joined the corporate’s board in 2018.
SplashLearn, previously Splash Math, creates participating studying experiences constructed to rework youngsters into fearless learners. Its PreK-5 game-based studying program is curriculum-aligned and has an adaptive algorithm that gives every baby a personalised studying expertise that’s enjoyable and immersive. It’s presently utilized in 150+ international locations and has benefitted greater than 40 million youngsters world wide.
SplashLearn is obtainable throughout all digital platforms (iOS, Android and Net). For extra data, go to www.splashlearn.com. Comply with SplashLearn on Fb, Instagram and Twitter.
About Owl Ventures
Owl Ventures is the biggest enterprise capital fund on this planet targeted on the schooling know-how market with over $1.2 billion in belongings beneath administration. The Silicon Valley-based agency invests on this planet’s main schooling know-how firms throughout the schooling spectrum encompassing PreK-12, greater schooling and future of labor (profession mobility/ skilled studying). Owl Ventures has deep area experience and leverages a world community of Restricted Companions, traders, and strategic companions to assist entrepreneurs scale their companies into transformative category-leading firms. Study extra at www.owlvc.com
Accel is a world enterprise capital agency that companions with distinctive founders with distinctive insights, from inception by way of all phases of personal firm development. Acko, Atlassian, Blackbuck, BookMyshow, Bounce, Braintree, BrowserStack, CrowdStrike, CureFit, Deliveroo, DJI, Dropbox, Etsy, Fb, Flipkart, Freshworks, Jet, Kayak, Lynda.com, Qualtrics, Rovio, Slack, Spotify, Supercell, Swiggy, Tenable, UiPath, UrbanClap and Venmo are among the many firms the agency has backed over the previous 35+ years. The agency seeks to grasp entrepreneurs as people, respect their originality and play to their strengths. As a result of greatness doesn’t have a stereotype. For extra, go to www.accel.com or www.twitter.com/accel_india