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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 Equity
    Education Growth Partners
    Lazard Asset Management
  • Debt Financing

    $500,000

    Debt Financing Investors

    Novel Capital
  • Seed

    $2,300,000

    Seed Investors

    Rainfall
    Florida Funders
    Brentwood Associates
    Sinovation Ventures
    New Schools Venture Fund
  • Seed

    $1,500,000

    Seed Investors

    Sinovation Ventures
    William Guttman
    Techstars
  • Seed

    $1,900,000

    Seed Investors

    New Schools Venture Fund
    Kaplan Ventures
    William Guttman
    Alpaca VC
    Cito Ventures
    Edovate Capital
  • Pre Seed

    $635,000

    Pre Seed Investors

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