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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

    Rainfall
    Florida Funders
    Brentwood Associates
    Sinovation Ventures
    NewSchools Venture Fund
  • Private Equity

    $95,000,000

    Private Equity Investors

    Guidepost Growth Equity
    Education Growth Partners
    Lazard Asset Management
  • Seed

    $1,500,000

    Seed Investors

    Sinovation Ventures
    William Guttman
    Techstars
  • Seed

    $1,900,000

    Seed Investors

    NewSchools Venture Fund
    Kaplan Ventures
    William Guttman
    Alpaca VC
    Cito Ventures
    Edovate Capital
  • Debt Financing

    $500,000

    Debt Financing Investors

    Novel Capital
  • Pre Seed

    $635,000

    Pre Seed Investors

    Techstars
    Kaplan EdTech Accelerator
    NewSchools Venture Fund
Funding info provided by Diffbot.