Merit International

InternetSeries BMillbrae, USmerits.com

Latest round

Series B

Last raised

Nov 2021

Total raised

$58M

Investors

13

About Merit International

Merit International, Inc.Founded in 2015 by Tomer Kagan in Millbrae, US, Merit International, Inc. specializes in digital credentialing solutions.Merit operates as a digital credentialing platform, specializing in providing secure and efficient solutions for workforce development, professional licensing, grants management, and emergency management. The core offerings enable clients, which include workforce agencies, educational institutions, and government entities, to streamline processes involving sensitive personal information. Their platform facilitates rapid integration with state licensing boards, enhancing the efficiency of credential issuance and renewal. Additionally, Merit supports cross-agency data sharing to improve visibility and accountability, essential for disaster response and recovery efforts.S.Merit's revenue model is structured around licensing agreements and service subscriptions, where clients pay for access to the platform and its various functionalities. Transactions generally involve annual or multi-year agreements that enable organizations to utilize Merit’s technology for credentialing and program management. Specific pricing plans for services, while not disclosed, reflect the value of automating workflows and managing critical data more effectively. Merit’s solutions are tailored for diverse sectors, including education, workforce development, and emergency management, which drive client engagements.In November 2021, Merit International, Inc. The company plans to enhance its ecosystem to allow entire industries to operate programmatically and efficiently. Specific new product launches and geographic market expansions are in the pipeline, although exact details and timelines are yet to be disclosed.

Who invested in Merit International

13 investors across 2 rounds

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Funding rounds

  1. Series B

    Nov 2, 2021

    Amount

    $54M

    Investors

    Locked

  2. Seed

    Jan 20, 2017

    Amount

    $4.3M

    Investors

    Locked

Questions about Merit International

Who invested in Merit International?

Merit International has 13 investors on record across 2 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.

How much funding has Merit International raised?

Merit International has raised 2 venture rounds. Sign up free to see how much each round raised and the total.

When did Merit International last raise money?

Merit International's most recent round on record is a Series B, in Nov 2021.

What does Merit International do?

Merit International is a internet company.

Where is Merit International headquartered?

Merit International is headquartered in Millbrae, US.

Which VCs invest in companies like Merit International?

Among active investors with capital left to deploy, Andreessen Horowitz, Founders Fund, Accel and Thrive Capital back internet companies at Merit International's stage. Their profiles are linked below.

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