Over 3600 schools use ClassWallet to automate processes for transactions for nearly 170,000 teachers and principals, freeing up hundreds of thousands of man hours.
We have a suite of solutions:
TeacherWallet
A virtual wallet for teachers to purchase classroom supplies via:
- Virtual wallet
- Integrated e-commerce marketplace
- Reimbursement management
MaintenanceWallet
A virtual wallet for maintenance crews to quickly buy the supplies they need, via:
- Virtual wallet
- Purchase card
- Integrated e-commerce marketplace
FamilyWallet
A virtual wallet for grant and scholarship recipients to pay for tuition, goods and services via:
- Virtual wallet
- DirectPay
- Integrated e-commerce marketplace
Used by:
- K-12 Education
- Public sector
- Nonprofit
Features:
- Virtual wallet that enables organizations to fund users electronically
- Integrated e-commerce marketplace curated with merchants designed specifically for the organization and user needs
- Fully integrated reimbursement management that allows users to request reimbursement via ACH while providing digital copies of receipts
- DirectPay online ACH billpay that enables users to initiate payments to service providers
- Purchase card that is reloadable with features that limit use to specific whitelisted vendors, spending limits, and digital receipt capture with data
- Approval workflow
- Reporting
- Data integrates with all accounting systems
- Mobile user interface
Location: United States, Florida, Hollywood
Employees: 11-50
Phone: +1 877-969-5536
Total raised: $99.935M
Founded date: 2014
Investors 7
Date | Name | Website |
- | Miami Ange... | miamiangel... |
- | Techstars | techstars.... |
08.11.2020 | RAINFALL V... | rainfall.c... |
- | Alpaca VC | alpaca.vc |
- | LearnStart | learnstart... |
- | Brentwood ... | brentwood.... |
- | Florida Fu... | floridafun... |
Funding Rounds 4
Date | Series | Amount | Investors | Deal News |
21.08.2023 | - | $95M | Guidepost ... | finsmes.co... |
07.05.2018 | - | $2.3M | - | vcnewsdail... |
08.03.2018 | - | $735K | - | vcnewsdail... |
13.07.2015 | Seed | $1.9M | - | finsmes.co... |
Mentions in press and media 31
Date | Title | Description | Source |
21.08.2023 | ClassWallet Closes $95 Million Funding Round to Continue Res... | MIAMI–(BUSINESS WIRE)–ClassWallet, the leading digital wallet-based purchasing and reimbursement pla... | brentwood.... |
20.08.2023 | Обзор технологических стартапов в образовании за последнюю н... | Джейми Розенберг, Нил Стейнхардт, соучредители ClassWallet 0 Обсудить 272 показа 18 открытий Что... | vc.ru/educ... |
15.08.2023 | ClassWallet Closes $95M Funding Round | ClassWallet, a Hollywood, Florida-based provider of a digital wallet-based purchasing and reimbursem... | finsmes.co... |
15.08.2023 | ClassWallet Secures $95M Growth Financing | MIAMI, FL, ClassWallet, the leading digital wallet-based purchasing and reimbursement platform for... | vcnewsdail... |
15.08.2023 | South Florida scaleup ClassWallet raises $95M to continue re... | Facebook Tweet Pin LinkedIn Email By Nancy Dahlberg After several years of doubling and tripli... | refreshmia... |
21.03.2023 | ClassWallet Announces Significant Minority Growth Partnershi... | MIAMI, March 21, 2023 /PRNewswire/ — ClassWallet, a leading digital wallet purchasing and reimbursem... | brentwood.... |
06.03.2023 | 5+ things to know in #MiamiTech: Y Combinator’s top [Miami] ... | Facebook Tweet Pin LinkedIn Email 1 YC in the house? Well, yes, including 4 unicorns There was... | refreshmia... |
01.09.2022 | Now with 160 employees, ClassWallet sees 916% 3-year growth.... | Facebook Tweet Pin LinkedIn Email By Riley Kaminer Hollywood-based ClassWallet helps teachers,... | refreshmia... |
23.09.2021 | Thousands of schools use ClassWallet’s tools to more easily ... | Facebook Tweet Pin LinkedIn Email Miami-based edtech ClassWallet has grown 700% in the past yea... | refreshmia... |
15.09.2021 | ClassWallet Expands its Marketing Focus by Hiring Karen Nels... | ClassWallet, the leading digital wallet technology for K-12 education, has appointed Karen Nelson, a... | aithority.... |
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