ClassWallet Funding & Investors
ClassWallet removes the paper from the ubiquitous 'paper trail.' When purchases must be tracked, then invoices, purchase orders, reimbursement requests are surely in tow, which can incur up to $100 - $200 in labor costs per transaction. ClassWallet Enterprise streamlines payments by combining a reloadable virtual wallet with the power of a network marketplace to connect funders, buyers… · More and suppliers in a single, patent-pending platform. The result is that ClassWallet owns both funding and purchasing data and provides real-time tracking and reconciliation in a completely paperless environment, saving billions in transaction costs. ClassWallet has processed over $10M in transactions, and is led by Jamie Rosenberg (2nd venture) and Neil Steinhardt (former Skrill USA Managing Director).
https://classwallet.com/Total Amount Raised: $101,835,000
ClassWallet Funding Rounds
Seed
$2,300,000
Seed Investors
RainfallFlorida FundersBrentwood AssociatesSinovation VenturesNewSchools Venture FundPrivate Equity
$95,000,000
Private Equity Investors
Guidepost Growth EquityEducation Growth PartnersLazard Asset ManagementSeed
$1,500,000
Seed Investors
Sinovation VenturesWilliam GuttmanTechstarsSeed
$1,900,000
Seed Investors
NewSchools Venture FundKaplan VenturesWilliam GuttmanAlpaca VCCito VenturesEdovate CapitalDebt Financing
$500,000
Debt Financing Investors
Novel CapitalPre Seed
$635,000
Pre Seed Investors
TechstarsKaplan EdTech AcceleratorNewSchools Venture Fund