Allovue Overview
- Year Founded
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2013

- Status
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Acquired/Merged
- Employees
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61

- Latest Deal Type
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M&A
- Latest Deal Amount
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$38.2M
Allovue General Information
Description
Developer of education finance software designed to empower educators to strategically and equitably allocate resources to support the needs of students. The company's software connects school districts' financial data systems to track both budgets and spending and helps district officials, principals, and school administrators visualize, analyze, and optimize the impact of spending on outcomes in education, enabling clients to make proper financial decisions for annual expenses.
Contact Information
Website
www.allovue.com(Operating Subsidiary)
Corporate Office
- 1014 West 36th Street
- Suite 220
- Baltimore, MD 21211
- United States
Corporate Office
- 1014 West 36th Street
- Suite 220
- Baltimore, MD 21211
- United States
Allovue Valuation & Funding
Deal Type | Date | Amount | Raised to Date | Post-Val | Status | Stage |
---|---|---|---|---|---|---|
6. Merger/Acquisition | 22-Jan-2024 | $38.2M | Completed | Generating Revenue | ||
5. Debt - PPP | 28-Apr-2020 | Completed | Generating Revenue | |||
4. Later Stage VC (Series A) | 11-Feb-2019 | Completed | Generating Revenue | |||
3. Later Stage VC | 26-Apr-2018 | Completed | Generating Revenue | |||
2. Early Stage VC (Series A) | 16-Dec-2015 | $5.14M | $5.14M | Completed | Generating Revenue | |
1. Accelerator/Incubator | 01-Oct-2013 | Completed | Startup |
Allovue Cap Table
Stock | # of Shares Authorized |
Par Value | Dividend Rate (%) | Original Issue Price |
Liquidation | Liquidation Pref. Multiple |
Conversion Price | % Owned |
---|---|---|---|---|---|---|---|---|
Series A |
Allovue Comparisons
Industry
Financing
Details
Allovue Competitors (13)
One of Allovue’s 13 competitors is Regent Education, a Venture Capital-Backed company based in Frederick, MD.
Company Name | Financing Status | Location | Employees | Total Raised | Last Financing Date/Type | Last Financing Amount |
---|---|---|---|---|---|---|
Regent Education | Venture Capital-Backed | Frederick, MD | ||||
Ellucian | Private Equity-Backed | Reston, VA | ||||
SchoolMint | Private Equity-Backed | Lafayette, LA | ||||
5000fish | Corporation | Herndon, VA | ||||
Blackbaud | Formerly PE-Backed | Charleston, SC |
Allovue Signals
Allovue Former Investors (20)
Investor Name | Investor Type | Holding | Investor Since | Participating Rounds |
---|---|---|---|---|
Accelerate Baltimore | Accelerator/Incubator | Minority | ||
Baltimore Angels | Angel Group | Minority | ||
Baltimore Boost Fund | Government | Minority | ||
Angel (individual) | Minority | |||
Angel (individual) | Minority |
Allovue Acquisitions (1)
Allovue’s most recent deal was a Merger/Acquisition with Equiday. The deal was made on 17-Mar-2019.
Company Name | Deal Date | Deal Type | Deal Size | Industry | Lead Partner |
---|---|---|---|---|---|
Equiday | 17-Mar-2019 | Merger/Acquisition | Asset Management |
Allovue FAQs
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When was Allovue founded?
Allovue was founded in 2013.
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Where is Allovue headquartered?
Allovue is headquartered in Baltimore, MD.
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What is the size of Allovue?
Allovue has 61 total employees.
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What industry is Allovue in?
Allovue’s primary industry is Financial Software.
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Is Allovue a private or public company?
Allovue is a Private company.
-
What is the current valuation of Allovue?
The current valuation of Allovue is
. -
What is Allovue’s current revenue?
The current revenue for Allovue is
. -
How much funding has Allovue raised over time?
Allovue has raised $11.1M.
-
Who are Allovue’s investors?
Accelerate Baltimore, Baltimore Angels, Baltimore Boost Fund, , and are 5 of 20 investors who have invested in Allovue.
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Who are Allovue’s competitors?
Regent Education, Ellucian, SchoolMint, 5000fish, and Blackbaud are some of the 13 competitors of Allovue.
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When was Allovue acquired?
Allovue was acquired on 22-Jan-2024.
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Who acquired Allovue?
Allovue was acquired by PowerSchool Group.
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