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.
Equiday
Acquisition in 2019
Equiday, Inc., based in Rockville, Maryland, specializes in developing software solutions for budget planning in the education sector. Founded in 2018, the company focuses on providing software and strategic support to K-12 public school districts, assisting them in designing and implementing equitable funding models. As a subsidiary of Allovue, Inc., Equiday offers services that include fund management, allocation, and transfer, specifically tailored for government institutions and schools across the United States. Additionally, the company tracks the usage of public funds spent across various state agencies, districts, and schools, ensuring transparency and efficiency in educational financing.
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