Owl Ventures and Accel Partners participated in the Series C round for SplashLearn
The startup noted a 10X increase in traffic from India, but the market contributes less than 1% to its revenue
The company has its presence across 150 countries, with the US being its largest revenue contributor
US-headquartered edtech startup SplashLearn has raised $18 Mn in a Series C funding round led by San Francisco-based venture capital firm Owl Ventures, with participation from Accel Partners. The company plans to use this funding to scale its new personalised tutoring product to sign up more parents and get more teachers involved.
“We envision a world where every child would learn, fearlessly. The games within the program aim to shift the current narrative around learning, turning it into an experience that augments the child’s desire to learn by making learning itself rewarding for every child. Thus reducing their fear of failure, and creating what we like to call fearless learners,”