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ClassWallet

Financial Technology (FinTech) / Education Technology (EdTech) ~320 employees
Founded
--
Employees (Est.)
~320
16 leaders known
Total Funding
$95.0M
Funding Rounds
1
Last Funding
2023-08-15

About ClassWallet

ClassWallet is a digital wallet solution provider focused on maximizing the positive impact of public funding on people's lives. Their patented platform simplifies the management of public funds with high standards of program integrity, efficiency, transparency, and security, catering to government agencies, school districts, and families.

Products & Services

Digital Wallet:A seamless digital solution for recipients to use public funds online or in-store, with spending guardrails and audit-ready reporting for compliance.
Marketplace:A platform to facilitate transactions and manage public fund expenditures.
Solutions for Government Agencies:Tailored services for state agencies to distribute funds, strengthen compliance, and reduce administrative costs.
Solutions for School Districts:Tools to manage school purchases and reimbursements digitally, reducing risk and processing time.
Solutions for Families:Support for family scholarships and grants, streamlining disbursement and reporting of funds.

Specialties

Digital Wallet Technology Public Funds Management Compliance and Transparency Cybersecurity Program Implementation for Education and Government Sectors

Funding History

Debug: View Raw Funding Data
# Type Amount Fields Date Fields Investors
1 RT: Institutional Growth Capital
T: -
FT: Institutional Growth Capital
A: 95000000
MR: -
FA: $95 million
FAN: 95000000
D: 2023-08-15
FD: 2023-08-15
3 investors
Institutional Growth Capital Latest
2023-08-15
$95.0M
3 investors (Pro only)

Growth Metrics

+45%
Employee Growth
YoY
3.2x
Funding Growth
Last Round
12
Markets
Operating
10K+
Customers
Active

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Team & Leadership

J

Jamie Rosenberg

Founder and Executive Chairman, ClassWallet

L

Lisa

I

Ivy

R

Reid

N

Nica

A

Anil Arora

Senior Partner, TIFIN, Former CEO, Yodlee

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Recent News

ClassWallet Announces New Product Launch

2 days ago

Company unveils innovative solution to transform the industry, expanding market reach and capabilities...

Read more →

Leadership Team Expands with Industry Veteran

1 week ago

New executive brings 20+ years of experience to accelerate growth and strategic initiatives...

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Company Recognized as Industry Leader

2 weeks ago

Receives prestigious award for innovation and customer satisfaction in competitive market...

Read more →

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Key Competitors

C1

Competitor Alpha

Series B · $50M raised

C2

Competitor Beta

Series C · $120M raised

C3

Competitor Gamma

Series A · $25M raised

C4

Competitor Delta

Seed · $10M raised

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Company Details

Industries
Financial Technology (FinTech) / Education Technology (EdTech)
Company Size
~320 employees (est.)

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Technology Stack

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