When was ClassWallet founded?

ClassWallet was founded in 2014 and raised its 1st funding round within a year of its incorporation.

Where is ClassWallet located?

ClassWallet is headquartered in Miami, United States.

How many employees does ClassWallet have?

As of Jul 31, 2026, the latest employee count at ClassWallet is 107.

Is ClassWallet a funded company?

ClassWallet is a funded company, having raised a total of $107M across 8 funding rounds to date. The company's 1st funding round was a $***** Seed round, raised on Oct 22, 2014.

When was the latest funding round of ClassWallet?

ClassWallet's latest funding was a $***** Series A round on Aug 15, 2023, with participation from 3 investors. Its primary sector is Payments. In United States, the Payments sector has seen $5.44B in funding in 2026 to date.

Where does ClassWallet rank among its competitors?

ClassWallet ranks 149th amongst 5359 active competitors, of which 281 are funded. It stands 7th in terms of total funding among its competitors. The most recent competitor to raise funding was Ramp, which secured $782M in Jun, 2026.

Who are the top competitors of ClassWallet?

ClassWallet's top competitors include Ramp, Navan and Pleo. Among them, Ramp secured the most recent funding round in June, 2026.

ClassWallet - 2026 Company Profile, Team, Funding & Competitors

Company Details

Provider of digital wallet platform for managing and disbursing public funds. The platform offers a streamlined solution for recipients to access and utilize funds, both online and in physical stores. It provides tools for compliance, audit-ready reporting, and secure transactions. The platform supports various sectors, including government agencies, educational institutions, and scholarship programs, facilitating efficient and transparent fund management.

Website: classwallet.com
Social

Key Metrics

Founded Year

2014

Location

Miami, United States

Stage

Series A

Total Funding

$107M in 8 rounds

Latest Funding Round

Series A, Aug 15, 2023, $*****

Investors

Florida Funders & 22 more

Ranked

149^th among 5359 active competitors

Employee Count

107 as on Jul 31, 2026

Similar Companies

Ramp & 3540 more

View ClassWallet's full profile

ClassWallet is associated with 1 legal entity given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Reports
Kleo, Inc. CIN: 1669699 , United States, Active		$1 - $1M (As on Apr 14, 2016)	-	-

ClassWallet has raised a total funding of $107M over 8 rounds. Its first funding round was on Oct 22, 2014. Its latest funding round was a Series A round on Aug 15, 2023 for $*****. 3 investors participated in its latest round. ClassWallet has 22 institutional investors and 1 angel investor.

Here is the list of recent funding rounds of ClassWallet:

Filter this list

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Aug 15, 2023	8183210	Series A	6693955	2866567	8357000	9661948
Mar 21, 2023	9693143	Seed	2669312	8356607	9075958	2386577
May 07, 2018	7297334	Seed	3336731	9270684	Florida Funders & 1 more	SV Angel & 3 more

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View details of ClassWallet's funding rounds and investors

The founders of ClassWallet is Jamie Rosenberg.

Here are the details of ClassWallet's key team members:

Jamie Rosenberg: Founder of ClassWallet and founder of 1 other company.

ClassWallet's Board of Directors

ClassWallet's board has 1 active member. James Rosenberg is independent board member.

Here is the list of ClassWallet's board of directors:

Name	Type	Representing	Status	Duration
James Rosenberg	Independent board member	-	Current	10y 4m

View details of ClassWallet's Founder profiles and Board Members

ClassWallet's employee count trend

ClassWallet has 107 employees as of Jul 26. Here is ClassWallet's employee count trend over the years:

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Top competitors of ClassWallet include Ramp, Navan and Pleo. Here is the list of Top 10 competitors of ClassWallet, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Ramp 2019, New York City (United States), Series F	Provider of a platform for spend management, corporate cards, and payables	$3.22B	Founders Fund, Coatue & 72 others	84/100
2nd	Navan 2015, Palo Alto (United States), Public	Provider of a platform for business travel and expense management	$1.58B	Andreessen Horowitz, Greenoaks & 22 others	80/100
3rd	Pleo 2015, Copenhagen (Denmark), Series C	Provider of spend management platform with virtual and physical card options	$434M	Kinnevik, Thrive Capital & 15 others	80/100
4th	Brex 2017, San Francisco (United States), Acquired	Provider of financial software platform, cards, banking, expense, and accounting	$1.2B	DST Global, Greenoaks & 70 others	80/100
5th	PowerSchool 1997, Folsom (United States), Acquired	Provider of software and cloud-based solutions for K-12 education	$32M	Warburg Pincus, Snider Capital & 7 others	78/100
6th	Spendesk 2016, Paris (France), Series C	Provider of software for managing corporate spending and invoice processing	$304M	Index Ventures, General Atlantic & 22 others	77/100
7th	Emburse 2002, San Francisco (United States), Acquired	Provider of software for managing corporate travel and expense reporting	$7.5M	Salesforce Ventures, Sherpalo Ventures & 27 others	76/100
8th	Concur 1988, Bellevue (United States), Acquired	Provider of travel, expense, and invoice management solutions for businesses	-	Redpoint Ventures, RRE Ventures & 8 others	75/100
9th	Marqeta 2010, Oakland (United States), Public	Provider of a platform for modern card issuing and payment solutions	$528M	Coatue, Greylock Partners & 64 others	75/100
10th	Expensify 2008, San Francisco (United States), Public	Provider of expense management software, corporate cards, and travel booking	$27.8M	Redpoint Ventures, OpenView & 11 others	74/100
149th	ClassWallet 2014, Miami (United States), Series A	Provider of digital wallet platform for managing and disbursing public funds	$107M	Education Growth Partners, Brentwood Associates ... & 21 others	46/100