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ClassWallet Collects Seed Venture Capital

Tuesday, July 14, 2015 5:45:00 AM PDT | VentureDeal
   Miami, Florida  --  E-Commerce technology company ClassWallet has secured $1.9 million in seed stage venture capital financing.

ClassWallet has developed an online way for teachers to get and disburse money for their classrooms.

The system promises to make it easier for teachers to manage money, shop for education products and keep track of spending in one integrated platform.

Investors in the round included NewSchools Venture Fund and Kaplan Ventures.

The company said it would use the funding to accelerate its product development and fuel its sales efforts.

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