SplashLearn, a US-based edtech startup, has secured $18 million in a Series C funding round led by venture capital firm Owl Ventures, with participation from Accel Partners.
Launched in 2010 by Arpit Jain, Mayank Jain, Joy Deep Nath, and Umang Jain, SplashLearn (formerly Splash Math) teaches maths via a gamified curriculum.
The schools can use the product free of cost, but students have to pay a subscription fee, which enables parents to track their child’s progress and helps them identify areas of improvement
“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,” Splash’s CEO and co-founder Arpit Jain told Inc42.
With the fresh funds, the company plans to scale its new personalised tutoring product to sign up more parents and on-board more teachers.