Meritize is an education lender based in Frisco, Texas, led by CEO Chris Keaveney. The company uses individuals' academic, military and work achievements to enhance credit evaluation through a proprietary merit-based lending program. Its Meritize SkillsBuilding™ platform supports skills-based education and employer talent development to help close the skills gap and build skills-based careers. The lender leverages academic and experiential data to increase access to educational funding and improve outcomes. Meritize will use the Series A proceeds to scale operations, grow, and enhance its technology. Meritize is a Frisco, Texas-based student lending platform that uses an individual’s academic data to improve credit evaluation and broaden access to career-focused education financing. The company partners with schools and employers to offer student loans, financing for employer training and career success services. Meritize was co-founded by Chris Keaveney and Phillip Stegner and launched in January 2017, with full-phase lending beginning in the third quarter. It raised seed capital to accelerate growth and continue building its lending platform. The business plans to deploy the new funds to support sales and marketing and expand the team as it scales.

Total raised

$20M

Funding rounds

2

Latest round

Series A

Latest activity

Oct 2018