Tech Company Financing Transactions
ClassWallet Funding Round
ClassWallet secured a $1.9 million Seed investment round on 7/13/2015. Investors included Accelerate Growth Partners, Kaplan Ventures and NewSchools Venture Fund.
Transaction Overview
Company Name
Announced On
7/13/2015
Transaction Type
Venture Equity
Amount
$1,900,000
Round
Seed
Proceeds Purpose
The company will use the funding to fuel sales and accelerate its product roadmap. The team plans to release the next version of its platform this summer, which will include a reloadable ClassWallet debit card and a Pay by ClassWallet API for vendors to integrate.
Company Information
Company Status
Private & Independent
Industry
ECommerce
Mailing Address
4141 Northeast 2nd Ave. 203B
Miami, FL 33137
USA
Miami, FL 33137
USA
Phone
Website
Email Address
Overview
ClassWallet removes the paper from the ubiquitous paper trail. When purchases must be tracked, then invoices, purchase orders, reimbursement requests are surely in tow, which can incur up to $100 - $200 in labor costs per transaction.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Jamie Rosenberg
President
Neil Steinhardt
VP - Engineering
Eddie Butler
VP - Operations
Ana Pamintuan
VP - Sales
Melody Page
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Prev: 7/13/2015: SoundFocus venture capital transaction
Next: 7/13/2015: OwnLocal venture capital transaction
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Where The Data Comes From
Our team works diligently to report on all VC transactions involving tech companies. VC investment data records on this site are sourced from news reports and company announcements. The data comes to us via our partnership with VentureDeal.com, an affiliated venture.
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