Meritize Growth, Revenue, Number of Employees and Funding

Overview

Location:
Dallas, TX USA
Total Funding:$23.4M
Industry:Finance
Founded:2016
Lead Investor(s):Colchis Capital
Press

City Ranking

Industry Ranking

State Ranking

Growjo 10k Ranking

Estimated Revenue & Financials

  • Meritize's estimated revenue is currently $9.4M per year.
  • Meritize received $13.2M in venture funding in October 2018.
  • Meritize's estimated revenue per employee is $180000
  • Meritize's total funding is $23.4M.

Employee Data

  • Meritize has 52 Employees.
  • Meritize grew their employee count by 68% last year.
  • Meritize currently has 10 job openings.

What Is Meritize?

Meritize is a new kind of academic lender, founded on the principle that high-performing students are high-performing borrowers. Meritize looks beyond traditional credit scores and uses student academic data to expand student lending opportunities, making smart loans that empower borrowers on the path to success.

keywords:N/A

52

Number of Employees

$9.4M

Revenue (est)

10

Current Jobs

68%

Employee Growth %

$23.4M

Total Funding

N/A

Valuation

N/A

Accelerator

N/A

Type

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Meritize News

12-Sep-19 - Dallas-based Startup Hires CTO, Helping Workers Build Most ...

FRISCO, Texas, Sept. 13, 2019 /PRNewswire/ -- Meritize, developer of merit-based financing solutions, today announced the appointment of ...

12-Sep-19 - Need Cash? Companies Are Considering Magazine Subscriptions and Phone Bills When Making Loans

Christina Segura, 24, had a low credit score from unpaid medical debts when she applied for financing from fintech startup Meritize. But the ...

12-Sep-19 - WSJ: Lenders Are Using Grades, Magazine Subscriptions to ...

Meritize suggested the Journal that it considers components equivalent to improvement in grades and signs that students reveal themselves.

Meritize Funding

DateAmountRoundLead InvestorsReference
2018-02-22$6.8MUndisclosedColchis CapitalArticle
2018-10-02$13.2MAColchis CapitalArticle

Meritize Executive Hires

DateNameTitleReference
2017-05-23Manu SharmaChief Credit OfficerArticle
2017-06-13Phillip StegnerCFOArticle
2019-02-14Eugene OstrovskyChief Financial OfficerArticle