What KEV Group does

KEV Group is a North American K-12 school finance SaaS company that unifies fee management, online and in-person payments (including POS hardware), school-level accounting, disbursements, reconciliation, and audit-ready reporting in a single cloud platform built on Microsoft Azure with U.S. and Canadian data residency. Founded in 1996 in Toronto by two school bookkeepers, Kim Vivian-Downs and Evelyn Eagle, the company serves more than 1,000 districts and 28,000+ schools across the United States and Canada and manages approximately $8 billion in student activity fees annually, processing over $1 billion in online payments each year. The product portfolio centers on the SchoolCash Suite (SchoolCash Online for parents, SchoolCash Management for accounting) and has been expanded through acquisitions including TRA/SchoolFunds Online (2018), InTouch Receipting (2023), Lunchbox Orders (2023), Gray Step Software's ASBWorks and Booster Finance (2024), TES Software (2025), and ebase (2026).

The platform integrates with 20+ district ERP systems (PowerSchool, Skyward, Tyler Munis, Oracle, Frontline, Infinite Visions, and others) and 25+ SIS platforms (PowerSchool SIS, Infinite Campus, Aeries, Follett Aspen, Tyler SIS, and others), positioning itself as a layer that completes the financial picture without replacing existing district systems. Security and compliance posture is institutional-grade: PCI DSS Level 1, SOC 1 Type 2, SOC 2 Type 2, FERPA, COPPA, and FINTRAC registration.

Revenue is generated through three streams: annual or multi-year SaaS subscriptions priced per district and module set, transaction fees on digital payments processed through the platform, and sale or rental of POS devices used at school events and offices. Distribution is sales-led enterprise field motion targeting district CFOs and business managers, supported by free K-12 Financial Maturity and Vulnerability Assessments, ASBO conference presence, content marketing, and the Ed Tech JPA channel partnership in California. The company is privately held, profitable, and since 2025 has been backed by Five Arrows, the private equity arm of Rothschild & Co, which made a multi-hundred million dollar growth investment.

Name

KEV Group

Legal name

KEV Group

Website

https://kevgroup.com

Company type

Private

Founded year

1996

Operating status

Operating

Headcount range

101–250 employees

Short description

KEV Group is a K-12 school finance SaaS platform unifying fee management, online and POS payments, school-level accounting, and audit-ready reporting for 1,000+ districts and 28,000+ schools across North America, backed by Five Arrows private equity.

Ownership category

akta.pro rank

Product category

K-12 School Finance Software

NAICS

Educational Support Services (611710), Educational Services (611)

SIC

Services-Educational Services (8200)

akta.pro primary industry

Student Information Systems (SIS) & School Administration Platforms (EDAJAMAB)

akta.pro secondary industries

K–12 SIS & District Administration Platforms (EDAFAEAA), State/Federal Reporting, Accountability & Audit Readiness (EDAJAHAF), Student Billing, Invoicing & Account Statements (EDALAJAC)

Keywords

• K-12 school finance
• Activity fund management
• Education payment processing
• School accounting software
• Student fee management

Headquarters

HQ city

Fort Worth

HQ country

United States

HQ region

North America

Offices7 records

Markets served

GTM type

B2B

Offering type

Software

Cost components

Personnel, Technology or R&D, Marketing or Sales, Operations, Infrastructure

Revenue model

1. SaaS Subscription: Annual or multi-year subscription fees for access to the SchoolCash Suite platform, charged per district or school deployment. Pricing varies based on district size and number of schools.
2. Payment Processing: Transaction fees on digital payments processed through the platform (credit cards, debit cards, digital wallets). Funds are deposited to district bank accounts typically within 1-2 business days.
3. POS Device Sales/Rental: Sale or rental of point-of-sale devices for in-person payment collection at school events and offices.

Pricing tiers

Go-to-market motion2 records

Distribution channels3 records

Marketing channels8 records

Core offering

KEV Group provides a cloud-based K-12 school finance platform (SchoolCash Suite) that unifies fee management, online and in-person payment processing, school-level accounting, disbursements, reconciliation, and audit-ready reporting for school districts. The platform integrates with leading ERP and SIS systems to give district finance leaders real-time visibility and control over school-generated funds while giving parents and bookkeepers simple, purpose-built tools. KEV also operates acquired product lines for facilities management (ebase), receipting (InTouch Receipting), California ASB fund management (ASBWorks), and Ontario lunch/fundraising (Lunchbox).

Product overview

KEV Group offers a platform-plus-acquired-brands portfolio built around its core SchoolCash (SchoolCash Suite) school finance platform, which unifies fee management, payments (online and in-person via POS), school-level accounting, disbursements, reconciliation, and audit-ready reporting for K-12 districts. SchoolCash Online serves as the parent-facing portal while SchoolCash Management handles the accounting and disbursement side. KEV Group has expanded through acquisitions including ebase (facility management and rentals for K-12, serving 7,000+ facilities), InTouch Receipting (school receipting and POS), Gray Step Software's ASBWorks and Booster Finance (California school fund management), Lunchbox (Ontario-based lunch programs and fundraising), myPTEZ (fee management), and TES Software (Utah/Alabama K-12 financial management). The combined organization serves 28,000+ schools across North America managing approximately $8 billion in student activity fees annually.

Differentiator

Problem solved

Functional benefit

Brands

• SchoolCash: Core K-12 school finance platform for fee management, payments, and accounting
• SchoolCash Online
• SchoolCash Management
• SchoolFunds Online
• ebase
• InTouch Receipting
• ASBWorks
• Lunchbox

Products and services

• SchoolCash (SchoolCash Suite) Unified K-12 school finance platform combining fee management, online and in-person payment processing, school-level accounting, disbursements, reconciliation, and audit-ready reporting in a single connected system that integrates with district ERP and SIS platforms. Built for K-12 school districts in the U.S. and Canada.
• Point-of-Sale (POS) Devices Cellular-enabled and WiFi-capable POS hardware devices sold or rented to K-12 schools for in-person collection of card and digital wallet payments at the front office or at school events, with automatic posting to the correct GL account.
• ebase All-in-one facility management and rentals platform for K-12 districts, used by 7,000+ facilities across North America. Modules include automated work order management, preventive maintenance scheduling, facility scheduling and rentals, safety and compliance tracking, asset and lifecycle management, and staffing and resource management.
• InTouch Receipting Point-of-sale and receipting solution for K-12 schools that enables credit card readers, online payment portals, and automated reporting tools, integrating with district ERP systems for automatic GL posting and receipt generation.
• ASBWorks School fund management solution serving K-12 districts in California, available through Ed Tech JPA's competitive bidding contracts for member districts.
• Booster Finance School finance module designed to support school booster funds and activity accounts within the Gray Step product suite.
• Lunchbox Full-service lunch program and fundraising management solution serving 400+ schools across Ontario.
• myPTEZ School finance product within KEV Group's portfolio, providing fee management and payment processing capabilities for K-12 schools.
• TES Software Financial management solutions provider for K-12 schools, now part of the KEV Group portfolio serving districts in Utah and Alabama.

Quantifiable outcome

• Reduced cash handling significantly with 50-75% parent adoption rate within first year
• +6 more outcomes

Named customers10 records

Segments4 records

Ideal customer profiles2 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration42 records

Feature7 records

Partnerships

Seven partnerships are on record, tiered core.

• ebasecoreStrategic or Co-development Partner · 29 January 2026Acquired ebase to combine school-level finance platform with facilities operations capabilities, creating unified solution for districts managing both financial and physical asset needs. Serves 7,000+ facilities across North America.
• Ed Tech JPAcoreChannel Partner/ Reseller/ DistributorPartnership to expand access to school finance solutions across California. ASBWorks (KEV Group's product) is now available to Ed Tech JPA's 200+ member districts through competitively bid contracts.
• PowerSchoolcoreTechnology or IntegrationPre-built integration with PowerSchool SIS allowing automatic student data sync for fee assignment and balance tracking
• SkywardcoreTechnology or IntegrationPre-built integration with Skyward ERP and SIS platforms for district-wide financial data synchronization
• Tyler TechnologiescoreTechnology or IntegrationIntegration with Tyler's Munis ERP platform for K-12 district financial management
• OraclecoreTechnology or IntegrationIntegration with Oracle ERP systems for school district financial operations
• Frontline EducationcoreTechnology or IntegrationIntegration with Frontline Education's ERP and human capital management solutions for K-12 districts

Scale indicators8 records

Recent moves8 records

Expansion highlights5 records

Direct peers

• MySchoolBucks: Heartland Payment Systems' K-12 payments and fee management platform serving thousands of U.S. school districts. Directly competes with KEV's SchoolCash Online in online fee collection, cafeteria payments, and parent-facing payment portals, with comparable target buyer (district CFO/business manager).
• RevTrak: K-12 online payment processing platform used by school districts to collect fees, lunch payments, and activity fund revenue. Closely comparable to SchoolCash Online and InTouch Receipting with similar feature set and district customer base.
• PaySchools: K-12 payment and fee management SaaS serving U.S. school districts with online payments, cafeteria management, and activity fund tracking. Direct competitor to KEV with overlapping target market of district business managers and CFOs.
• LINQ (formerly TITAN Solutions): K-12 operations platform offering nutrition, payments, registration, and finance modules to U.S. school districts. Overlaps directly with KEV on payment processing and school-level financial workflows, with a similarly bundled SaaS go-to-market.
• FACTS Management (Nelnet): Nelnet-owned K-12 tuition management, financial needs assessment, and payment platform widely used by private and Catholic K-12 schools. Direct comparable to SchoolCash on tuition/fee billing and parent-facing payment workflows.

Broad incumbents

• PowerSchool: Largest K-12 SIS/ERP vendor in North America with broad financial, payment, and student information modules. While KEV sits alongside PowerSchool via integrations today, PowerSchool's expanding payments and activity-fund functionality makes it the most consequential incumbent threat to KEV's niche.
• Tyler Technologies: Major public-sector ERP vendor whose Munis and Tyler SIS products are deployed across hundreds of K-12 districts. As an upstream system of record that KEV integrates with, Tyler represents both a critical partner and a potential competitor if it expands native activity-fund functionality.
• Skyward: K-12 ERP and SIS vendor serving thousands of U.S. districts with finance, HR, and student information modules. Comparable to KEV on district financial workflows but broader in scope; integrated partner with built-in risk of native activity-fund expansion.
• Frontline Education: K-12 ERP and human capital management vendor serving district finance, HR, and operational needs. Strategic integration partner of KEV with comparable district finance office buyer personas and overlapping financial management workflows.

Emerging players

• Aeries Software: California-headquartered K-12 SIS vendor (Aeries SIS) used widely by West Coast districts; increasingly expanding into financial communications and payment workflows. Emerging competitor to KEV in California, where KEV gained a foothold via the Gray Step/ASBWorks acquisition.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks7 records

Key highlights7 records

Customer concentration

• YouTubeyoutube.com/@KEVGroup
• LinkedInlinkedin.com/company/kev-group
• Xx.com/kevgroup
• Facebookfacebook.com/KEV-Group-111378062266170

Compliance7 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Subsidiaries6 records

Funding overview

Funding rounds3 records

Investors3 records

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A5 records

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about KEV Group