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.
Website
Formerly Known As
CollegePlus, GL Resources
Ownership Status
Acquired/Merged
(Operating Subsidiary)
(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 |
Lumerit Executive Team (5)
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 |