当大厅和斯图尔特

2023年3月21日

分享这篇文章提供的新闻分享这篇文章迈阿密,3月21日2023 / ClassWallet从领先的电子钱包购买和报销平台公共资金,今天宣布,它已收到一个重要的少数民族增长来自路标的投资增长权益。这种伙伴关系将进一步加强公司的能力帮助政府机构和教育机构解决日益增长的受托责任与控制和合规相关的公共资金分配和管理。路标提供了额外的行业影响力和支持营销策略、产品路线图,和招聘计划。“ClassWallet已经从根本上改变了政府机构和学校支付基金顺从地在规模,“说基因避难所,路标普通合伙人。“公司体现了我们寻找的一切作为一个entrepreneur-led,资本效率,快速增长,在一个令人信服的和高度差异化的业务市场。我们很高兴与ClassWallet合作扩展他们的领先地位在教育和政府数字花管理市场。”ClassWallet is the market leader in efficient and compliant disbursement of funds to a decentralized user base addressing $25 billion of state and federal government and K-12 education funding initiatives. Through its patented digital wallet technology, ClassWallet enables its customers to disburse funds quickly and compliantly at scale, while automating every step of the purchasing and reimbursement lifecycle. The desire to streamline workflows and the need to ensure compliance, mitigate potential fraud, and track spending are driving adoption of the solution. Prior to ClassWallet, state departments and school districts were relying on manual processes and legacy tools for fund disbursement and spend management, which were not purpose-built for compliant spending and efficient disbursement at scale. ClassWallet has rapidly expanded to over 27 states and hundreds of school districts (including four of the top 10 districts nationally), supporting numerous funding programs such as educational savings accounts (ESAs), early childcare, learning loss grants and teacher stipends. "For public funds to have the intended impact, it is critical to minimize compliance-related bureaucracy and get the funds into the hands of end-users in the most streamlined way possible," said Jamie Rosenberg, ClassWallet Founder and CEO. "In Guidepost, we found a true partner with deep industry and functional expertise who shares our strategic vision of helping unlock the full impact of public funds. This partnership will enable us to accelerate our go-to-market efforts, enhance our product offering, expand our addressable market, and continue to deliver exceptional customer value to state and district partners." ClassWallet was advised on the investment by William Blair and Goodwin Procter LLP. Guidepost Growth Equity was advised by Choate Hall & Stewart LLP. About ClassWallet Founded in 2014, ClassWallet ( www.classwallet.com ) is the leading digital wallet technology platform for federal, state and local education and government agencies. 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 6.1 million students. ClassWallet's integrated marketplace of leading suppliers and learning curricula includes top retailers like Office Depot, Staples, Scholastic, School Specialty, Lakeshore Learning, and more. Headquartered in Miami, ClassWallet has been ranked number 779 on the prestigious Inc. 5000 list of the fastest-growing private companies in the U.S. in 2022 and the 56th fastest growing financial services company. It also ranks as the 155th fastest growing company in North America according to the Deloitte Technology Fast 500. About Guidepost Guidepost Growth Equity is a leading core growth equity firm that partners with entrepreneur-led technology companies utilizing technology to transform industries including application and infrastructure software and tech-enabled and data services. Current and prior investments include Atlas, Lucid (acquired by Cint Group AB), Mineral, OutSystems, Traction on Demand (acquired by Salesforce), and Tractive. Guidepost Growth Equity provides the flexible capital, operational assistance, and strategic guidance necessary to support the continued success of high growth businesses and has over $1.6 billion of capital under management. For more information, please visit our website at guidepostgrowth.com . CONTACTS: Feintuch Communications