Meritize - About the company
Meritize is a series B company based in Frisco (United States), founded in 2016 by Chris Keaveney. It operates as an Online education loans platform. Meritize has raised $20.1M in funding from investors like Colchis Capital Management, Chicago Ventures and Edvisors. The company has 43 active competitors, including 12 funded and 10 that have exited. Its top competitors include companies like Navient, Climb Credit and Credible Labs.
Company Details
Online education loans platform. The platform uses the FICO score and the borrower of previous academic, military, and work achievements to provide loans. Students can finance their tuition fees and living expenses through the platform. The company also offers quality skills-based training programs and customized talent acquisition programs.
- Website
- www.meritize.com/
- Email ID
- *****@meritize.com
- Phone Number
- +1 **********
- Registered Address
- 5805 MAIN ST STE 220,FRISCO,TX,75034,43
Key Metrics
Founded Year
2016
Location
Frisco, United States
Stage
Series B
Total Funding
$20.1M in 3 rounds
Latest Funding Round
Investors
Ranked
12th among 43 active competitors
Employee Count
25 as on Mar 31, 2026
Legal entities associated with Meritize
Meritize is associated with 1 legal entity given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
MERITIZE FINANCIAL, INC. CIN: 32064781191 , United States, Active | Sep 07, 2017 | - | - | - |
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Meritize's funding and investors
Meritize has raised a total funding of $20.1M over 3 rounds. Its first funding round was on Feb 21, 2018. Its latest funding round was a Series B round on Jun 30, 2022 for $*****. 6 investors participated in its latest round. Meritize has 15 institutional investors.
Here is the list of recent funding rounds of Meritize:
Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Jun 30, 2022 | 3345351 | Series B | 5480870 | 1759053 | 1791133 | 3551118 |
Oct 01, 2018 | 6106065 | Series A | 2562560 | 8061998 | 3021145 | |
Feb 21, 2018 | 5281168 | Seed | 2907963 | 9915982 |
View details of Meritize's funding rounds and investors
Meritize's founders and board of directors
Founder? Claim ProfileThe founders of Meritize is Chris Keaveney. Chris Keaveney is the CEO of Meritize.
Here are the details of Meritize's key team members:
- Chris Keaveney: Founder & CEO of Meritize.
View details of Meritize's Founder profiles and Board Members
Meritize's employee count trend
Meritize has 25 employees as of Mar 26. Here is Meritize's employee count trend over the years:
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Meritize's Competitors and alternates
Top competitors of Meritize include Navient, Climb Credit and Credible Labs. Here is the list of Top 10 competitors of Meritize, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Navient 2014, Wilmington (United States), Public | Provider of loans for students | - | 67/100 | |
2nd | Climb Credit 2014, New York City (United States), Series A | Career training financing solutions for accessible and affordable education | $12.9M | 65/100 | |
3rd | Credible Labs 2014, San Francisco (United States), Acquired | An alternate lending platform for financing student loans and refinancing student loan debt. | $22M | 65/100 | |
4th | LendKey Technologies 2007, New York City (United States), Series C | Student & Home improvement loans online by local community lenders | $42.2M | 61/100 | |
5th | Ascent 2003, San Diego (United States), Series C | Online platform for education loans | $78.1M | 60/100 | |
6th | College Ave 2014, Wilmington (United States), Acquired | Student loans marketplace | $50M | 59/100 | |
7th | Nelnet 1998, Lincoln (United States), Public | Provider of diversified services including loan servicing, payment processing, and technology | - | - | 57/100 |
8th | Tuition.io 2011, Santa Monica (United States), Series B | Provider of student loan repayment and tuition assistance benefits | $14.4M | 51/100 | |
9th | Funding U 2015, Atlanta (United States), Series A | Provider of fixed-interest, no-cosigner student loans for undergraduate students | $7.4M | 51/100 | |
10th | Platform offering financial solutions | $2.07M | 46/100 | ||
12th | Meritize 2016, Frisco (United States), Series B | Online education loans platform | $20.1M | 43/100 |
Looking for more details on Meritize's competitors? Click here to see the top ones
Meritize's Investments and acquisitions
Meritize has made no investments or acquisitions yet.
Reports related to Meritize
Here is the latest report on Meritize's sector:
News related to Meritize
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Dallas-Based Workforce Finance Startup Announces Impact InvestmentRad AI•Jul 05, 2022•Meritize, Aegon Am
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Wind Academy from Siemens Gamesa to invest in U.S. wind technician trainingWindpowerEngineering•Nov 04, 2021•Windacademyusa, Meritize, Siemens Gamesa
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Dallas-based Startup Hires CTO, Helping Workers Build Most In-Demand SkillsPR Newswire•Sep 13, 2019•Meritize
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SkillsBuilding training program in Dallas offers debt-free training in weldingThe FABRICATOR•Mar 26, 2019•Meritize
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