ClassWallet Closes $95 Million Funding Round to Continue Reshaping the Way State and Local Government Agencies Do Business

ClassWallet, the leading digital wallet-based purchasing and reimbursement platform for public funds, announced today it closed its first institutional growth capital funding round of $95 million. Guidepost Growth Equity led the raise which included Education Growth Partners (EGP) and Lazard Family Office Partners. The investment builds on ClassWallet’s rapid growth and supports its continued efforts to reshape the way government agencies do business.

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