About Allovue
Allovue is a Technology company based in Baltimore (United States) founded in 2013, and was acquired by PowerSchool in January 2024. It operates as a financial budgeting and management software for schools is provided. It operates in the Technology and Education sectors. Allovue has raised $13.64 million across 8 funding rounds from investors including PowerSchool, Macquarie Group and TEDCO. The company has 33 employees. Allovue has completed 1 acquisition, including Equiday. Allovue offers products and services including PowerSchool SIS, Schoology Learning, Naviance, and Allovue. Its focus areas include EdTech, K-12 EdTech, School IT and Finance. Its legal entity is ALLOVUE, INC. Its competitors include PowerSchool, Anthology, GoGuardian, Frontline Education and Education Dynamics and 3 more; 6 of its 8 listed competitors have raised funding.
Company details
Allovue was founded in 2013 and is based in Baltimore, United States. Software solutions for school financial management are offered in the education technology sector. Expense analytics, budgeting, planning, tracking, and reporting functions are supported. Integration of financial data with performance metrics like test scores and attendance is enabled. Decision-making processes are informed by these tools, prioritizing student outcomes in resource allocation.
- Headquarters Baltimore, United States
- Employees 33
- SectorsTechnologyEducation
- Website allovue.com
- Social LinkedIn X Facebook
- Acquired by PowerSchool (Jan 2024)
- Legal Name Allovue, Inc
- Total Equity Funding$13.64M (USD)
in 8 rounds
- Latest Funding Round$4M (USD), Series A
May 2019
- InvestorsPowerSchool
& 7 more
- Employee Count33
- Investments & Acquisitions
- Acquired byPowerSchool
(Jan 2024)
Products & Services of Allovue
Allovue offers a comprehensive portfolio of products and services, including PowerSchool SIS, Schoology Learning, Naviance, and Allovue.
Manages student data, attendance, and grades for K-12 schools.
Facilitates curriculum delivery and collaboration for educators.
Supports college planning and career exploration for students.
Handles budgeting and financial tracking for school districts.
Funding Insights of Allovue
Allovue has successfully raised a total of $13.64M across 8 strategic funding rounds. The most recent funding activity was a Series A round of $4 million completed in May 2019. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding $13.64M
- Total Rounds 8
- Last Round Series A — $4M
- First Round $975,000
(Feb 2014)
- Investors Count 7
All 8 funding rounds of Allovue with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| May 2019 | $4M | Series A | – | Macquarie Group | – |
| Jan 2019 | $25,000 | Series A | – | AccelerateBaltimore | – |
| Apr 2018 | $2M | Series A | – | – | |
| Feb 2018 | $500,000 | Series A | – | – | – |
| Dec 2015 | $5.14M | Series A | – | Rethink Capital Partners | |
| Jun 2015 | $1M | Seed | – | – | – |
| May 2014 | $800,000 | Debt – Conventional | – | – | – |
| Feb 2014 | $975,000 | Seed | – | – |
8 investors in total: 8 institutional.
Investors in Allovue
Allovue has secured backing from 8 investors, including institutional and venture fund investors. Prominent investors backing the company include PowerSchool, Macquarie Group and TEDCO.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
- | – | acceleratebaltimore.com | - | |
Real estate, venture capital investments, and financial services are provided. | – | rethink-capital.com | White Plains, United States | |
Seed stage venture capital firm investing in US | – | kaporcapital.com | Oakland, United States | |
- | – | baltimoreangels.com | - | |
Red House Education is engaged in K-12 knowledge brokerage and social impact venture capital. | 2010 | redhouse.nyc | - | |
Venture capital fund and startup accelerator programs focused on seed and early stage companies | 1998 | tedcomd.com | Columbia, United States | |
A global financial services organization with Australian heritage is operated. | 1969 | macquarie.com | Sydney, Australia | |
Cloud-based software for K-12 education is provided. | 1997 | powerschool.com | Folsom, United States |
Investor details for Allovue
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
People of Allovue
27 people are tracked at Allovue (7 in leadership, 20 in team); the tracked headcount is 33.
| Name | Role | Group |
|---|---|---|
Jess Gartner | Founder & CEO | Leadership |
Maggie Lubberts | Vice President Of Product Management | Leadership |
Brandon Casto | District Partner | Leadership |
Kiran Palukuri | Senior District Partner | Leadership |
Alana Bethea | Senior District Partner | Leadership |
Mariana Caballero | Director Of Customer Success | Leadership |
Justin Dayhoff | Director Of Strategic Services | Leadership |
Annalee Arbeitman | Business Development Specialist | Team |
John Derr | Senior Software Developer | Team |
Ben Mcdonald | Business Development Specialist | Team |
Andre Pardal | Senior Software Developer | Team |
Bruce Wong | Software Developer | Team |
Tristan Zimmerman | Engineering Manager | Team |
Steven Valencia | Software Developer | Team |
Angela Quinton | Software Developer | Team |
Ryan Lee | Business Development Specialist | Team |
Caitlin Latorre | Product Manager | Team |
Ava Gaiety Wroten | Senior Software Developer | Team |
Moustafa Tawfik | Account Manager | Team |
Mark Olson | Computer Beep Booper | Team |
7 more people are available in the full profile.
Complete people profiles for Allovue
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
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Investments & Acquisitions by Allovue
Allovue has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Equiday.
| Company Name | Description | Domain | Location | Founded | Acquired | Amount |
|---|---|---|---|---|---|---|
Software solutions for school funding management are provided. | equiday.org | Bethesda, United States | 2018 | Mar 2019 | •••• |
Complete acquisition details for Allovue
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- Acquired stakes
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- Complete history
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Timeline of Allovue
5 dated milestones of Allovue across 11 years, from founding to its latest funding, stage changes and deals.
- Founded Allovue is founded.
- Funding First funding round of $975K.
- Acquisition Acquires Equiday.
- Funding Latest funding round, Series A, of $4.0M.
- Exit Acquired by PowerSchool.
Competitors of Allovue
Allovue has 8 listed competitors in our database, 6 of them funded. They include PowerSchool, Anthology, GoGuardian, Frontline Education and Education Dynamics, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| powerschool.com | 1997 | Folsom, United States | $32M | 2,270 | Cloud-based software for K-12 education is provided. | |
| anthology.com | 1996 | Boca Raton, United States | $128.6M | – | LMS and CRM solutions are provided for educational institutions. | |
| goguardian.com | 2014 | Los Angeles, United States | $200M | 237 | School devices and student activities are monitored via AI platform. | |
| frontlineeducation.com | 1998 | Malvern, United States | – | 799 | SaaS-based platform offering management solutions for schools | |
| educationdynamics.com | 2005 | Hoboken, United States | $110.5M | – | Prospecting and student retention platform for educational institutions | |
| finalsite.com | 1998 | Glastonbury, United States | – | 127 | SaaS solutions for school websites and management are provided. | |
| 2u.com | 2008 | Annapolis, United States | $100.91M | 2,364 | Learning platforms are provided for students from preschool to college. | |
| nexteducation.in | 2007 | Hyderabad, India | $73.16M | 695 | End-to-end SaaS-based K-12 education solutions are provided. |
Detailed competitors of Allovue
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- Full competitor set
- Operating metrics
- Benchmarks
- Competitive positioning
Verified entity values are shown only after access is granted.
Web traffic of Allovue
Websites that share an audience with Allovue (allovue.com).
Websites whose visitors overlap most with Allovue. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| groklearning.com | 100% | – | #257,325 | View details |
Top companies in Finance & Accounting Applications
10 companies that operate in the same segment as Allovue (Finance & Accounting Applications), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Cloud-based accounts payable and receivable software for businesses | 2006 | Palo Alto, California, United States | USD 325.6 M | USD 1.65 B | 2,360 | |
Corporate travel and expense management are facilitated through SaaS platform. | 2015 | Palo Alto, California, United States | USD 1.58 B | USD 3.52 M | 847 | |
Financial and accounting software is developed for businesses and individuals. | 1983 | Mountain View, California, United States | USD 49.62 M | USD 21.45 B | 18,200 | |
Spend management and accounts payable solutions are delivered to businesses. | 2019 | New York, New York, United States | USD 5.06 B | – | – | |
Business spends, payments, and rewards are streamlined by automated workflows. | 2011 | Hyderabad, Telangana, India | USD 13.75 M | USD 149.43 M | 431 | |
SaaS-driven credit card and spend management solutions platform for businesses | 2017 | Draper, Utah, United States | USD 1.16 B | – | 1 | |
Subscription-based online banking is offered to SMEs and freelancers. | 2017 | Paris, France | USD 717.15 M | – | – | |
Cloud-based ERP software is provided for business management across segments. | 1996 | Oslo, Oslo, Norway | USD 198.09 M | – | – | |
Payflow is recognized as a financial wellness application for employees. | 2020 | Alcobendas, Comunidad De Madrid, Spain | USD 58.23 M | – | – | |
Cloud-based HR and payroll solutions are offered for small businesses. | 2012 | San Francisco, California, United States | USD 718.35 M | – | – |
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Related news about Allovue
Complete news archive for Allovue
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Frequently Asked Questions about Allovue
Allovue was founded in 2013 and raised its 1st funding round 1 year after it was founded.
Allovue is headquartered in Baltimore, United States. It is registered at Baltimore, Maryland, United States.
Allovue is a funded company, having raised a total of $13.64M across 8 funding rounds to date. The company's 1st funding round was a Seed of $975K, raised on Feb 2014.
Allovue has 33 employees.
Allovue was founded in 2013 and is based in Baltimore, United States. Software solutions for school financial management are offered in the education technology sector. Expense analytics, budgeting, planning, tracking, and reporting functions are supported. Integration of financial data with performance metrics like test scores and attendance is enabled. Decision-making processes are informed by these tools, prioritizing student outcomes in resource allocation.
Allovue's top competitors include PowerSchool, GoGuardian and Anthology.
Allovue offers PowerSchool SIS, Schoology Learning, Naviance, and Allovue.
Allovue has made 1 acquisition, including Equiday.
Allovue has 8 investors. Key investors include PowerSchool, Macquarie Group, TEDCO, AccelerateBaltimore, and Rethink Capital Partners.
Allovue operates through Allovue, Inc.
Yes. Allovue was acquired by PowerSchool in January 2024.