ClassWallet
Latest round
- Seed
Last raised
- May 2018
Total raised
- $12M
Investors
- 10
About ClassWallet
ClassWallet, founded in 2014 by Jamie Rosenberg and Neil Steinhardt, operates from Hollywood, US, providing a digital wallet platform that simplifies fund management processes.ClassWallet provides a digital wallet solution designed to manage public funds efficiently for a variety of stakeholders, including government agencies, educational institutions, and families. Its core offerings facilitate the setup and management of vendor accounts, allowing organizations to streamline the purchasing and reimbursement process through a user-friendly digital platform. The service includes spending guardrails, audit-ready reporting, and unparalleled security models to ensure compliance with regulatory requirements and to enhance administrative efficiency. ClassWallet's solutions cater to a diverse client base, including school districts, early care and education programs, and organizations supporting vocational rehabilitation initiatives. The company collaborates with government agencies and educational institutions, which utilize its platform for efficient fund disbursement and management. Transactions typically involve direct contracts or partnerships, where clients pay for the service of managing their financial disbursements, thereby reducing administrative burdens associated with traditional processes. ClassWallet's revenue structure includes fees based on the volume of transactions processed through its platform, as well as potential subscription models for ongoing access to its services. ClassWallet plans to launch new products designed to enhance their service capabilities, although specific release dates have not been disclosed. Additionally, the company seeks to penetrate new markets and regions to increase its presence and customer base.
Who invested in ClassWallet
10 investors across 5 rounds
See all investors in ClassWallet
Sign up free to see every VC on the cap table, the rounds they joined, and how much each round raised.
Questions about ClassWallet
Who invested in ClassWallet?
ClassWallet has 10 investors on record across 5 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.
How much funding has ClassWallet raised?
ClassWallet has raised 5 venture rounds. Sign up free to see how much each round raised and the total.
When did ClassWallet last raise money?
ClassWallet's most recent round on record is a Seed, in May 2018.
What does ClassWallet do?
ClassWallet, founded in 2014 by Jamie Rosenberg and Neil Steinhardt, operates from Hollywood, US, providing a digital wallet platform that simplifies fund management processes.
Where is ClassWallet headquartered?
ClassWallet is headquartered in Hollywood, US.
Which VCs invest in companies like ClassWallet?
Among active investors with capital left to deploy, Andreessen Horowitz, Founders Fund, Accel and Thrive Capital back software companies at ClassWallet's stage. Their profiles are linked below.
VCs backing software startups at Seed
Raising like ClassWallet? Find the right VCs.
Capital Atlas matches your startup to active investors by stage, sector and region.