Founded in 2014, ClassWallet is a first-of-its-kind decentralized spend management solution that enables disbursement and spending of funds across the K-12 landscape. ClassWallet provides a digital wallet that enables state agencies and school districts to disburse funds to staff, teachers, and parents in real-time in order for them to make necessary purchases to support educational needs. The platform automates notoriously manual and bureaucratic processes that can otherwise take weeks or months, saving valuable time and overhead costs to track, pay, and facilitate rules-based purchases and reimbursements. 

    ClassWallet is used in 27 states and by 20 state agencies across 6,200 schools serving over 6 million students. ClassWallet’s integrated marketplace of leading suppliers and learning curricula includes top retailers like Office Depot, Staples, Scholastic, Best Buy, School Specialty, and Lakeshore Learning.