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Lumerit

Lumerit
2004 FOUNDED
M&A STATUS
61-70 EMPLOYEES
M&A LATEST DEAL TYPE
$29M LATEST DEAL AMOUNT
Description

Provider of an education planning platform intended to reduce student's dependence on debt. The company's platform offers customized degree plans as per budget and flexible college courses keeping in mind the student's requirements, enabling students to incur lower costs and eliminate the use of debt in colleges.

Formerly Known As
CollegePlus, GL Resources
Ownership Status
Acquired/Merged
(Operating Subsidiary)
Financing Status
Formerly Angel backed
Primary Industry
Educational and Training Services (B2C)
Other Industries
Social/Platform Software
Parent Company
Primary Office
  • 116 Kestrel Drive
  • Spring Branch, TX 78070
  • United States

+1 (210) 000-0000 000. 0
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Lumerit Valuation and Funding

Deal Type Date Amount Raised to Date Post-Val Status Stage
4. Merger/Acquisition 31-Oct-2019 $29M 00.000 0000 Completed Generating Revenue
3. Angel (individual) 04-Jun-2019 00.000 00.000 Completed Generating Revenue
2. Angel (individual) 30-Dec-2017 $350K $2.85M Completed Generating Revenue
1. Angel (individual) 11-Jan-2017 $2.5M $2.5M Completed Generating Revenue
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Lumerit Executive Team (5)

Name Title Board
Seat
Contact
Info
Richard Beyer Chief Executive Officer & Board Member
Phil Balsamo Chief Financial Officer
Ryan Yamane Co-Founder, Board Member & Chief Operating Officer
Brian Shaw Chief Technology Officer
Forest Robertson Co-Founder, Chief Development Officer, Development & Board Member

Lumerit Board Members (8)

Name Representing Role Since Contact
Info
Cornelius Kerwin Self Board Member 000 0000
Forest Robertson Lumerit Co-Founder, Chief Development Officer, Development & Board Member 000 0000
John Gee Lumerit Board Member 000 0000
Michael Clark Lumerit Board Member 000 0000
Peter McDonald Ph.D Lumerit Board Member 000 0000
You’re viewing 5 of 8 board members. Get the full list »