Allovue
Date | Investors | Amount | Round |
---|---|---|---|
- | N/A | - | |
$100k | Grant | ||
N/A | $800k | Seed | |
$1.0m | Seed | ||
$5.1m | Series A | ||
$2.0m | Series A | ||
$4.0m | Series A | ||
* | N/A | Acquisition | |
Total Funding | AUD20.1m |
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EditAllovue is a financial technology company that specializes in providing software solutions for K-12 education finance management. The company serves school districts and education leaders by offering tools to budget, manage, and evaluate district spending. Operating in the education technology (edtech) market, Allovue's core product, Balance, helps school districts create and plan budgets, monitor spending, and ensure financial transparency and equity. The business model is subscription-based, generating revenue through licensing fees for its software platform. Allovue also offers training and customer support to ensure effective implementation and usage of its solutions. The company aims to streamline financial processes, promote transparency, and engage communities in understanding school expenditures.
Keywords: edfintech, K-12 finance, budgeting software, financial transparency, education equity, district spending, financial management, school budgets, edtech solutions, ESSA compliance.