ClassWallet

ClassWallet

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Contact Information

Overview

Founded in 2014, ClassWallet is the leading purchasing and reimbursement platform for public funds. The company’s patented digital wallet technology ensures that public funds reach the right people and are used for the right purpose – at a fraction of the time and cost of existing technology solutions with better compliance safeguards. ClassWallet is used by state government agencies and school districts across 32 states, helping those clients realize the full potential of over $2.7 billion in public funds. Its integrated marketplace of top retailers and service providers includes Amazon, Best Buy, Home Depot, Michaels, Office Depot, Scholastic, Staples, Varsity Tutors, and more.

Headquartered in Hollywood, Florida, ClassWallet ranked number 477 on the prestigious Inc. 5000 list of the fastest-growing private companies in the U.S. in 2023 and the 61st fastest-growing software company. It also ranks as the 114th fastest-growing company in North America according to the Deloitte Technology Fast 500.

About

Industries

Financial Services, FinTech

Founded

2014

Employees

101-250

Headquarters locations

United States, North America

Social

N/A

Profile Resume

ClassWallet headquartered in United States, North America, operates in the Financial Services, FinTech sector. The company focuses on Financial Services and has secured $5.7B in funding across 56 round(s). With a team of 101-250 employees, ClassWallet is actively contributing to advancements in Financial Services. Their latest funding round, Pre Seed Round - ClassWallet, raised $635.0K. Discover more about their projects, partnerships, and impact on our platform.

Employees

imagePlace Neil Steinhardt

Neil Steinhardt

Co-Founder and President

imagePlace Jamie Rosenberg

Jamie Rosenberg

Founder and CEO

imagePlace Stephen Lindeman

Stephen Lindeman

Chief Operating Officer

Funding Rounds

Funding rounds

7

Investors

3

Lead Investors

0

Total Funding Amount

$101.8M

Details

6

ClassWallet has raised a total of $101.8M in funding over 6 rounds.

Announcement dateTransaction nameNumber of InvestorsMoney raisedLead Investor
2023Private Equity95.0M
2016Seed1.5M
2015Seed1.9M
2014Seed635.0K

Investors

ClassWallet is funded by 27 investors.

Investor NameLead InvestorFunding RoundPartners
Alpaca VC-FUNDING ROUND - Alpaca VC1.9M
Cito Ventures-FUNDING ROUND - Cito Ventures1.9M
ClassWallet-FUNDING ROUND - ClassWallet1.9M
Edovate Capital-FUNDING ROUND - Edovate Capital1.9M

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