Allovue
Allovue, Inc. is a financial software company dedicated to supporting school districts and K-12 education departments in the United States. Founded in 2013 and based in Baltimore, Maryland, Allovue develops innovative solutions that enable educators to effectively budget, manage, and evaluate financial resources. Its flagship product, Balance, integrates with existing accounting and data systems, allowing district officials, principals, and administrators to visualize and analyze spending, track expenditures, identify trends, and plan for future investments. The platform facilitates communication of district budgets to staff, boards, and community leaders, ensuring alignment with educational goals. Additionally, Allovue offers supplemental services, including funding equity analysis and financial management training, aimed at empowering education decision-makers to allocate resources equitably and strategically to enhance student outcomes.
1 past transactions
Equiday
Acquisition in 2019
Equiday, Inc., founded in 2018 and based in Rockville, Maryland, specializes in developing software solutions aimed at budget planning within the education sector. Operating as a subsidiary of Allovue, Inc., Equiday provides strategic support to K-12 public school districts, assisting them in designing and implementing equitable funding models. The company focuses on offering tools for fund management, allocation, and transfer services, specifically tailored for government institutions and schools across the United States. Additionally, Equiday's services include tracking the usage of public funds spent across various state agencies, districts, and schools, thereby promoting transparency and efficiency in educational budgeting.
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