ClassWallet Funding & Investors
Hollywood, FL
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
Private Equity
$95,000,000
Private Equity Investors
Guidepost Growth EquityEducation Growth PartnersLazard Asset ManagementDebt Financing
$500,000
Debt Financing Investors
Novel CapitalSeed
$2,300,000
Seed Investors
RainfallFlorida FundersBrentwood AssociatesSinovation VenturesNew Schools Venture FundSeed
$1,500,000
Seed Investors
Sinovation VenturesWilliam GuttmanTechstarsSeed
$1,900,000
Seed Investors
New Schools Venture FundKaplan VenturesWilliam GuttmanAlpaca VCCito VenturesEdovate CapitalPre Seed
$635,000
Pre Seed Investors
TechstarsKaplan EdTech AcceleratorNew Schools Venture Fund