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
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: $99.94M
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 |
| 21.08.2023 | - | $95M | Guidepost ... |
| 07.05.2018 | - | $2.3M | - |
| 08.03.2018 | - | $735K | - |
| 13.07.2015 | Seed | $1.9M | - |
Mentions in press and media 32
| Date | Title | Description |
| 02.01.2025 | Governor Ivey Announces CHOOSE Act Applications Officially Open for Alabama Families | MONTGOMERY – Governor Kay Ivey on Thursday announced applications for the CHOOSE Act, the state’s new Education Savings Account (ESA) program that supports the success of K-12 students across the state, are officially open. Families can now... |
| 21.08.2023 | ClassWallet Closes $95 Million Funding Round to Continue Reshaping the Way State and Local Government Agencies Do Business | MIAMI–(BUSINESS WIRE)–ClassWallet, the leading digital wallet-based purchasing and reimbursement platform for public funds, announced today it closed its first institutional growth capital funding round of $95 million. Guidepost Growth Equi... |
| 20.08.2023 | Обзор технологических стартапов в образовании за последнюю неделю | Джейми Розенберг, Нил Стейнхардт, соучредители ClassWallet 0 Обсудить 272 показа 18 открытий Что стало известно об инвестировании в стартапы EdTech за прошедшую неделю В порядке возрастания раскрытых привлеченных инвестиций. Mediasphere Пла... |
| 15.08.2023 | ClassWallet Closes $95M Funding Round | ClassWallet, a Hollywood, Florida-based provider of a digital wallet-based purchasing and reimbursement platform for public funds, raised $95M in funding. The round was led by Guidepost Growth Equity, and included Education Growth Partners ... |
| 15.08.2023 | ClassWallet Secures $95M Growth Financing | MIAMI, FL, ClassWallet, the leading digital wallet-based purchasing and reimbursement platform for public funds, has closed its first institutional growth capital funding round of $95 million. >> Click here for more funding data on... |
| 15.08.2023 | South Florida scaleup ClassWallet raises $95M to continue reshaping the way public agencies do business | Facebook Tweet Pin LinkedIn Email By Nancy Dahlberg After several years of doubling and tripling its business, ClassWallet, the digital wallet-based purchasing and reimbursement platform for public funds, announced today it closed a growth ... |
| 21.03.2023 | ClassWallet Announces Significant Minority Growth Partnership with Guidepost Growth Equity | MIAMI, March 21, 2023 /PRNewswire/ — ClassWallet, a leading digital wallet purchasing and reimbursement platform for public funds, today announced it has received a significant minority growth investment from Guidepost Growth Equity. This p... |
| 06.03.2023 | 5+ things to know in #MiamiTech: Y Combinator’s top [Miami] companies plus news from FloSpine, Blink Charging, ClassWallet, Togal.AI & more | Facebook Tweet Pin LinkedIn Email 1 YC in the house? Well, yes, including 4 unicorns There was a time way back in #MiamiTech history – Ok, 5 years ago – when a Y Combinator company was as rare as a unicorn. Papa, now a unicorn, was selected... |
| 01.09.2022 | Now with 160 employees, ClassWallet sees 916% 3-year growth. That's 'just scratching the surface' | Facebook Tweet Pin LinkedIn Email By Riley Kaminer Hollywood-based ClassWallet helps teachers, maintenance crews, and families get access to the capital they need – so schools can worry less about accounts payable and more on educating the ... |
| 23.09.2021 | Thousands of schools use ClassWallet’s tools to more easily make financial transactions | Facebook Tweet Pin LinkedIn Email Miami-based edtech ClassWallet has grown 700% in the past year. It’s the mid-1990s, and Jamie Rosenberg is fresh off a law degree at the University of Miami. He’s working as a mergers and acquisitions attor... |
Show more