United States · 
Who invested in ClassWallet?
ClassWallet's investors include NewSchools Venture Fund, Techstars, Florida Funders, Sinovation Ventures and Alpaca VC, and 8 more on record.
201320152017201920212023
$635KSeries A$635KSeed$1.9MSeed$2.3MRound$95MGrowth
United States · Growth startup
Who invested in ClassWallet
Funding summaryUpdated 26 Oct 2026
$102Mraised across 7 rounds since 2013, from 7 sources
$635KSeries A$635KSeed$1.2MSeed$1.9MSeed$2.3MRound$95MGrowth
- Latest round
- Growth, $95MAug 2023
- Step-upi
- 41.3×
- Investors
- 13
The funding story
Each circle is a round, placed by date and sized by amount. The line above is the running total.
- First round
- Series A, $635K Aug 2013
- Biggest round
- $95M Growth · Aug 2023
- Usual gap between rounds
- 2.8 years the median of 4
The rounds
- Aug 2023Growth$95M2 new3 returning
Source recorded
- May 2018Round$2.3M3 new
Florida Funders
Brentwood Venture Capital- Rainfall Ventures/ Silicon Valley angels
Reported by FinSMEs
- Jul 2015Seed$1.9M4 new1 returning
From a historical funding record
- Mar 2014CrowdfundingAmount undisclosed
No investor was named in the report.
From a historical funding record
- Mar 2014Seed$1.2M3 new
From a historical funding record
- Feb 2014Seed$635K
No investor was named in the report.
From a historical funding record
- Aug 2013
Founders and team
From ClassWallet's own website: 5 on the team.
- Stephen LindemanChief Executive Officer, ClassWallet
- Kristie MathesonSenior Vice President, Operations
- Brian LevinChief Financial Officer
- Kathryn MartinChief Legal Officer
- Chris CordesHead of People
Who was in which round
The busiest backers across the latest rounds. A filled square is a round they joined; a dark one, a round they led.
Series A2013Seed2014Seed2014Crowdfunding2014Seed2015Round2018Growth2023
NewSchools Venture Fund
TechstarsFlorida Funders
Sinovation Ventures
Alpaca VCWilliam GuttmanBrentwood Venture CapitalKaplan EdTech Accelerator
Kaplan Ventures
El Paso Corporation
NewSchools Venture FundTechstarsFlorida FundersSinovation VenturesAlpaca VCWilliam GuttmanBrentwood Venture CapitalKaplan EdTech AcceleratorKaplan VenturesEl Paso CorporationEveryone who backed them
William GuttmanAngel1round
Kaplan EdTech AcceleratorAccelerator1round
Accelerated Growth PartnersAccelerator1round
Rainfall Ventures/ Silicon Valley angelsno record of our own yet1round
Missing a round, or an investor who was in one? Tell us.
Also claim to have backed them
This firm lists ClassWallet as a portfolio company on their own website, but no report of a round names it. They are the firms' own claims, kept apart from the rounds above.
Quick answers about ClassWallet
How much has ClassWallet raised?
ClassWallet has raised $102M across 7 rounds since 2013. One round did not disclose an amount, so the total is a floor.
When did ClassWallet last raise?
ClassWallet's most recent round was a Growth of $95M in Aug 2023.
What was ClassWallet's biggest round?
Its most recent round, $95M in Aug 2023, is also its largest on record.
Who backed ClassWallet first?
ClassWallet's first round on record, in Aug 2013, was backed by El Paso Corporation.
What stage is ClassWallet at?
ClassWallet's latest named round is a Growth, in Aug 2023.
Where is ClassWallet based?
ClassWallet is based in the United States.
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