MeritShare

Seattle, United States Founded: 2012 • Age: 14 yrs Acquired By TerryBerry
Employee Recognition Software

About MeritShare

MeritShare is a Technology company based in Seattle (United States) founded in 2012, and was acquired by TerryBerry in December 2013. Employee Recognition Software. MeritShare has raised $20 thousand across 1 funding round from investors including TerryBerry and 9Mile Labs. The company was acqui-hired. MeritShare offers products and services including Employee Engagement Platform, Recognition Platform, Wellness Programs, and Surveys. Its focus areas include Enterprise Applications, HRTech, Employee Engagement and Employee Recognition. Its competitors include Fond, Vantage Circle and Blueboard; 3 of its 3 listed competitors have raised funding.

Company details

MeritShare was founded in 2012 in Seattle, United States, as an employee recognition platform in the HR technology sector. Awards are published online by enterprises, with integration to social media for broader visibility. A unified profile is provided for users to aggregate recognitions from multiple companies, organizations, and peers. Premium services are available starting at 99 per month, following incubation in the 9Mile Labs accelerator program.

Key Metrics
  • Total Equity Funding
    $20K (USD)

    in 1 rounds

  • Latest Funding Round
    $20K (USD), Seed

    Mar 2013

  • Investors
    TerryBerry

    & 1 more

  • Acquired by
    TerryBerry

    (Dec 2013)

Products & Services of MeritShare

MeritShare offers a comprehensive portfolio of products and services, including Employee Engagement Platform, Recognition Platform, Wellness Programs, and Surveys.

Employee Engagement Platform
Software Platform

Platform for recognition and surveys to enhance employee engagement

Recognition Platform
Recognition Tools

Tools for peer recognition and service awards

Wellness Programs
Health Services

Programs including step challenges for employee health

Surveys
Analytics Tools

Survey solutions for employee feedback and analytics

Funding Insights of MeritShare

MeritShare has successfully raised a total of $20K through 1 strategic funding round. The most recent funding activity was a Seed round of $20 thousand completed in March 2013. 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.

  • Total Funding $20,000
  • Total Rounds 1
  • Last Round Seed β€” $20,000
  • First Round $20,000

    (Mar 2013)

  • Investors Count 1

All 1 funding rounds of MeritShare with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
Mar 2013$20,000Seed––
Valuation history

2 investors in total: 2 institutional.

Investors in MeritShare

MeritShare has secured backing from 2 investors, including venture fund investors. Prominent investors backing the company include TerryBerry and 9Mile Labs.

All
Venture Fund
InvestorDescriptionFounded YearDomainLocation
Investment in early-stage enterprise B2B startups.
9milelabs.com
Employee recognition is facilitated through digital platforms and programs.
1918terryberry.comGrand Rapids, United States
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Investor details for MeritShare

The complete investor list, round-by-round participation and investor portfolios require an active premium plan.

  • Complete investor list
  • Round participation
  • Investor portfolios
  • Co-investor network

Verified entity values are shown only after access is granted.

Timeline of MeritShare

3 dated milestones of MeritShare across 1 years, from founding to its latest funding, stage changes and deals.

  1. Founded MeritShare is founded.
  2. Funding First funding round of $20K.
  3. Exit Acquired by TerryBerry.

Competitors of MeritShare

MeritShare has 3 listed competitors in our database, 3 of them funded. They include Fond, Vantage Circle and Blueboard.

Company NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
fond.co2012San Francisco, United States$36.02M31
Employee recognition and perks are facilitated via a digital platform.
vantagecircle.com2011Plano, United States$349,751262
Employee benefits and engagement are delivered via a cloud-based platform.
blueboard.com2013San Francisco, United States$17.96M154
Perks management platform for employers
Premium access

Detailed competitors of MeritShare

The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.

  • Full competitor set
  • Operating metrics
  • Benchmarks
  • Competitive positioning

Verified entity values are shown only after access is granted.

Top companies in HR & Workforce Technology

3 companies that operate in the same segment as MeritShare (HR & Workforce Technology) in United States, ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
Anonymous employee reviews and job search platform are operated.
2007San Francisco, California, United StatesUSD 201.5 M1,695
Cloud-based LMS platform for IT industry
2004Farmington, Utah, United StatesUSD 235.41 MUSD 4.95 M1,774
Employee health benefits are facilitated via a cloud-based platform.
2007Plymouth Meeting, Pennsylvania, United StatesUSD 228.3 M
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Frequently Asked Questions about MeritShare

MeritShare was founded in 2012 and raised its 1st funding round 1 year after it was founded.

MeritShare is headquartered in Seattle, United States. It is registered at Seattle, Washington, United States.

MeritShare is a funded company, having raised a total of $20K across 1 funding round to date. The company's 1st funding round was a Seed of $20K, raised on Mar 2013.

MeritShare was founded in 2012 in Seattle, United States, as an employee recognition platform in the HR technology sector. Awards are published online by enterprises, with integration to social media for broader visibility. A unified profile is provided for users to aggregate recognitions from multiple companies, organizations, and peers. Premium services are available starting at 99 per month, following incubation in the 9Mile Labs accelerator program.

MeritShare's top competitors include Vantage Circle, Blueboard and Fond.

MeritShare offers Employee Engagement Platform, Recognition Platform, Wellness Programs, and Surveys.

MeritShare has 2 investors. Key investors include TerryBerry, and 9Mile Labs.

Yes. MeritShare was acquired by TerryBerry in December 2013.

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