Lumerit Overview

  • Year Founded
  • 2004

Year Founded

  • Status
  • Acquired/​Merged

  • Employees
  • 70

Employees

  • Latest Deal Type
  • M&A

  • Latest Deal Amount
  • $29M

Lumerit General Information

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.

Contact Information

Formerly Known As
CollegePlus, GL Resources
Ownership Status
Acquired/Merged
Financing Status
Formerly VC-backed
Corporate Office
  • 116 Kestrel Drive
  • Spring Branch, TX 78070
  • United States
+1 (855)
Primary Industry
Educational and Training Services (B2C)
Other Industries
Social/Platform Software
Acquirer
Vertical(s)
TMT
Corporate Office
  • 116 Kestrel Drive
  • Spring Branch, TX 78070
  • United States
+1 (855)

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Lumerit Valuation & Funding

Deal Type Date Amount Raised to Date Post-Val Status Stage
4. Merger/Acquisition 31-Oct-2019 $29M Completed Generating Revenue
3. Seed Round 04-Jun-2019 Completed Generating Revenue
2. Angel (individual) 30-Dec-2017 $350K $2.85M Completed Generating Revenue
1. Seed Round 11-Jan-2017 $2.5M $2.5M Completed Generating Revenue
To view Lumerit’s complete valuation and funding history, request access »

Lumerit Signals

Growth Rate

Weekly
Growth
Weekly Growth

Size Multiple

Median
Size Multiple

Key Data Points

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Lumerit FAQs

  • When was Lumerit founded?

    Lumerit was founded in 2004.

  • Where is Lumerit headquartered?

    Lumerit is headquartered in Spring Branch, TX.

  • What is the size of Lumerit?

    Lumerit has 70 total employees.

  • What industry is Lumerit in?

    Lumerit’s primary industry is Educational and Training Services (B2C).

  • Is Lumerit a private or public company?

    Lumerit is a Private company.

  • What is the current valuation of Lumerit?

    The current valuation of Lumerit is .

  • What is Lumerit’s current revenue?

    The current revenue for Lumerit is .

  • How much funding has Lumerit raised over time?

    Lumerit has raised $4.38M.

  • When was Lumerit acquired?

    Lumerit was acquired on 31-Oct-2019.

  • Who acquired Lumerit?

    Lumerit was acquired by Pearson.

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