About ClassWallet
ClassWallet is a company based in Miami (United States) founded in 2014. ClassWallet has raised $106.69 million across 8 funding rounds from investors including Techstars, Education Growth Partners and Guidepost Growth Equity. ClassWallet offers products and services including Digital Wallet and Marketplace. ClassWallet operates in a competitive market with competitors including Ramp, Navan, Brex, PowerSchool and Brightwheel, among others.
- Headquarter Miami, United States
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Sectors
EducationTechnology Travel & Hospitality Financial Services
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Phone
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Website
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Social
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- Legal Name Kleo, Inc.
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Annual Revenue
Not available
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Net Profit
Not available
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EBITDA
Not available
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Total Equity Funding
$106.69 M (USD)
in 8 rounds
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Latest Funding Round
$95 M (USD), Series A
Aug 15, 2023
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Investors
Techstars
& 14 more
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Employee Count
Not available
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Products & Services of ClassWallet
ClassWallet offers a comprehensive portfolio of products and services, including Digital Wallet and Marketplace.
Platform for secure management and spending of public funds
Facilitates vendor transactions for public fund recipients
People of ClassWallet
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Funding Insights of ClassWallet
ClassWallet has successfully raised a total of $106.69M across 8 strategic funding rounds. The most recent funding activity was a Series A round of $95 million completed in August 2023. 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.
Investors in ClassWallet
ClassWallet has secured backing from 15 investors, including venture fund, institutional, and angel investors. Prominent investors backing the company include Techstars, Education Growth Partners and Guidepost Growth Equity.
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Growth-stage companies are targeted for investment by Guidepost Growth Equity.
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PE firm investing in North America and Europe
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Venture capital investments are provided to early-stage tech startups.
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Investor details for ClassWallet
Investor domains, locations, round participation, and complete history require an active premium plan.
- Investor domains
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Investments & Acquisitions by ClassWallet
Investment portfolio details for ClassWallet
Portfolio company identities, transaction dates, round details, and investment values require an active premium plan.
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- Transaction dates
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Financial Statements - ClassWallet
Detailed financials for ClassWallet
Historical revenue, profit, statement rows, ratios, and trend charts require an active premium plan.
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- Profit trends
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Classwallet Comparisons
Peer comparison for ClassWallet
Named peer metrics, headcount, funding, location, and side-by-side benchmarks require an active premium plan.
- Named peers
- Headcount comparison
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- Operating benchmarks
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Competitors of ClassWallet
ClassWallet operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Ramp, Navan, Brex, PowerSchool and Brightwheel, among others.
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Spend management and accounts payable solutions are delivered to businesses.
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Corporate travel and expense management are facilitated through SaaS platform.
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SaaS-driven credit card and spend management solutions platform for businesses
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Cloud-based software for K-12 education is provided.
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Online platform for preschool management and parent updates is offered.
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LMS and CRM solutions are provided for educational institutions.
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Detailed competitors of ClassWallet
Competitor domains, locations, full profiles, and operating metrics require an active premium plan.
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Latest news on Classwallet
Complete news archive for ClassWallet
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Frequently Asked Questions about ClassWallet
ClassWallet was founded in 2014.
ClassWallet is headquartered in Miami, United States. It is registered at Miami, Florida, United States.
ClassWallet is a funded company, having raised a total of $106.69M across 8 funding rounds to date.
ClassWallet was founded in 2014 and is based in Miami, United States. A SaaS platform is operated to deliver digital wallet solutions tailored for educational institutions. Services include online merchant access for educational resources, end-to-end reimbursement management, digital receipt capture, and approval workflows. Operations focus on streamlining financial processes within the education sector across the U.S.
ClassWallet offers Digital Wallet and Marketplace.
ClassWallet has 15 investors. Key investors include Techstars, Education Growth Partners, Guidepost Growth Equity, Lazard Asset Management, and Florida Funders.