Veracross
“Can a purpose-built SIS for private K-12 schools become the single unified system-of-record across academics, admissions, development, and the business office?”
Founded2002
HQWakefield, Massachusetts, United States
FoundersElliott Breuer
Latest roundDebt (per PitchBook)
IndustryVertical SaaS / Education (K-12 SIS)
The story
Veracross began in 2002 as a founder-built SIS for a single Boston-area independent school and grew into a global platform now serving 3,300+ private K-12 schools across 70+ countries. Its embedded-finance surface area is tuition-management-centric: VC Pay wraps BlueSnap (US) and Stripe (international) rather than issuing accounts or lending. Recent expansion has been horizontal via acquisitions in APAC (Digistorm, Firefly, Epraise) and vertical via AI (VC Studio) rather than deeper into financial services.
Product timeline
2002
Elliott Breuer begins building SIMS (School Information Management System) for a K-8 independent school outside Boston.· founding
2003
First paying Veracross customer signs on after demo to an 800+ student K-12 independent school.· launch
2018
Veracross Checkout supports BlueSnap (preferred), Authorize.Net, Network Merchants, Braintree, DiamondMind, and PayPal Express.· product
2025
VC Pay tuition management platform documented with BlueSnap (US) and Stripe (international) as payment providers.· product
2026
Launches VC Studio, an AI-powered reporting layer built on the Veracross unified database.· product
2026
Acquires/integrates Digistorm, Firefly, and Epraise to expand the APAC ed-tech product suite.· acquisition
Acquisitions
The stack
3 layers disclosed in Veracross’s embedded-finance stack
Payments / PSP
FX & payouts
in the full report
Accounting
in the full report
Accounting gap: significant
5 more providers across 2 layers, with confidence-scored evidence and source URLs, are in the Embedded Finance Index report.