Meritize

Frisco, United States Founded: 2016 • Age: 10 yrs
Education loans are facilitated online using scores and achievements.
Annual revenue - Latest available
Total funding $20.1M 3 rounds
Employees - Tracked headcount
Investors 14 Known backers
Products 3 Services tracked
Competitors 10 Brand Intelligence

About Meritize

Meritize is a company based in Frisco (United States) founded in 2016. Meritize has raised $20.14 million across 3 funding rounds from investors including BAWAG Group, Aegon Asset Management and Edvisors. Meritize offers products and services including Meritize Loans, Coaching Sessions, and Job Placement Services. Meritize operates in a competitive market with competitors including Navient, College Ave, ClimbCredit, Ascent and LendKey Technologies, among others.

  • Headquarter Frisco, United States
  • Sectors
    Education
    Financial Services
  • Email
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  • Phone
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  • Website
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  • Social
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  • Legal Name Meritize Financial, Inc.
Operational Areas
Education → Education Technology (EdTech) Unlock Sub-Sector Unlock Segment
Financial Services → FinTech & Digital Finance Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    Not available
  • Net Profit
    Not available
  • EBITDA
    Not available
  • Total Equity Funding
    $20.14 M (USD)

    in 3 rounds

  • Latest Funding Round
    Not available
  • Investors
    BAWAG Group

    & 13 more

  • Employee Count
    Not available
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Products & Services of Meritize

Meritize offers a comprehensive portfolio of products and services, including Meritize Loans, Coaching Sessions, and Job Placement Services.

Product name locked
Category locked
Primary

Loans for skills-based education based on merit and credit.

Product name locked
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Guidance for job search and professional development.

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Helps connect graduates with employers in relevant fields.

People of Meritize

Headcount 50-200
Employee Profiles 9
Board Members and Advisors 1
Employee Profiles
People
Sameer Dhoju
Data Analytics Manager
People
Johnathan Hawkins
Financial Services Professional
People
Stephanie Edwards
Director Customer Operations
People
Jeffrey Buschow
Vice President And Head Of Finance

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Board Members and Advisors
people
Seth Harris
Advisor

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Funding Insights of Meritize

Meritize has successfully raised a total of $20.14M across 3 strategic funding rounds. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.

Investors in Meritize

Meritize has secured backing from 14 investors, including institutional and venture fund investors. Prominent investors backing the company include BAWAG Group, Aegon Asset Management and Edvisors.

All
Venture Fund
Institutional
Investor Description Founded Year Domain Location
Buyouts and growth equity investments are pursued in multiple sectors.
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VC firm investing in seed stage tech companies in the US
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Investor details for Meritize

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Investments & Acquisitions by Meritize

Investments
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Investment portfolio details for Meritize

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Financial Statements - Meritize

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Detailed financials for Meritize

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Meritize Comparisons

Meritize Primary company
Description
Education loans are facilitated online using scores and achi...
Location
Frisco, United States
Founded Year
2016
Annual Revenue
Not available
Net Profit
Not available
EBITDA
Not available
Employees
Not available
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Peer comparison for Meritize

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Competitors of Meritize

Meritize operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Navient, College Ave, ClimbCredit, Ascent and LendKey Technologies, among others.

Company Name Domain Founded year HQ Location Description
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Student loans and federal servicing are provided by Navient.
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Student loans marketplace for undergraduate and graduate education is operated.
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Education loans are offered to students at partner schools.
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Software development and cloud services are provided by Ascent.
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Student & Home improvement loans online by local community lenders
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Alternate lending for student loans and refinancing is provided.
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Detailed competitors of Meritize

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Latest news on Meritize

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Complete news archive for Meritize

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Frequently Asked Questions about Meritize

Meritize was founded in 2016 and raised its 1st funding round 2 years after it was founded.

Meritize is headquartered in Frisco, United States. It is registered at Frisco, Texas, United States.

Meritize is a funded company, having raised a total of $20.14M across 3 funding rounds to date.

Meritize was founded in 2016 in Frisco, United States, within the education finance sector. An online platform is operated to provide loans for tuition and living expenses, with assessments based on FICO scores alongside borrowers academic, military, and work histories. Skills-based training programs are offered, along with customized talent acquisition services, to support student financing and career development.

Meritize's top competitors include ClimbCredit, Navient and College Ave.

Meritize offers Meritize Loans, Coaching Sessions, and Job Placement Services.

Meritize has 14 investors. Key investors include BAWAG Group, Aegon Asset Management, Edvisors, Colchis Capital, and Cube Finance Group.

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