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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
Financial Services, FinTech
2014
101-250
Headquarters locations
United States, North America
Social
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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.
Funding Rounds
7
3
0
$101.8M
Details
6
ClassWallet has raised a total of $101.8M in funding over 6 rounds.
Announcement date | Transaction name | Number of Investors | Money raised | Lead Investor |
---|---|---|---|---|
2023 | Private Equity | 95.0M | ||
2016 | Seed | 1.5M | ||
2015 | Seed | 1.9M | ||
2014 | Seed | 635.0K |
Investors
ClassWallet is funded by 27 investors.
Investor Name | Lead Investor | Funding Round | Partners |
---|---|---|---|
Alpaca VC | - | FUNDING ROUND - Alpaca VC | 1.9M |
Cito Ventures | - | FUNDING ROUND - Cito Ventures | 1.9M |
ClassWallet | - | FUNDING ROUND - ClassWallet | 1.9M |
Edovate Capital | - | FUNDING ROUND - Edovate Capital | 1.9M |
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