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Paper trail. Without the paper

Paper trail. Without the paper

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. ClassWallet Enterprise streamlines payments by combining a reloadable virtual wallet with the power of a network marketplace to connect funders, buyers and suppliers in a single, patent-pending platform. The result is that ClassWallet owns both funding and purchasing data and provides real-time tracking and reconciliation in a completely paperless environment, saving billions in transaction costs. ClassWallet has processed over $10M in transactions, and is led by Jamie Rosenberg (2nd venture) and Neil Steinhardt (former Skrill USA Managing Director).

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Jose Prado

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Founder & CEO of ClassWallet; Founder of AdoptAClassroom.org, one of largest education philanthropies in US; former M&A atty. Teachers change lives.


Funded over

2 rounds

Latest round

Seed (Jul 2015)