Tech Company Financing Transactions
ClassWallet Funding Round
ClassWallet, operating out of Miami, secured $2.3 million from Florida Funders, Rainfall Capital and Brentwood Venture Capital.
Transaction Overview
Company Name
Announced On
5/8/2018
Transaction Type
Venture Equity
Amount
$2,300,000
Round
Seed
Investors
Florida Funders (Lead Investor) (Thomas Wallace)
Rainfall Capital (Lead Investor)
Proceeds Purpose
The new funding will help us to support the growing demand for our product as most school districts are seeking ways to reduce administrative overhead and improve quality control, ClassWallet founder and CEO Jamie Rosenberg said in a statement.
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
Browse more venture capital transactions:
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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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