Lumerit Overview
- Founded
-
2004
- Status
-
Acquired/Merged
- Employees
-
70
- 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
Website
www.lumeriteducation.com
Formerly Known As
CollegePlus, GL Resources
Ownership Status
Acquired/Merged
Financing Status
Formerly Angel backed
Primary Industry
Educational and Training Services (B2C)
Other Industries
Social/Platform Software
Acquirer
Primary Office
- 116 Kestrel Drive
- Spring Branch, TX 78070
- United States
Lumerit Valuation & 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. Seed Round | 04-Jun-2019 | 00.000 | 00.000 | 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 |
Lumerit Board Members (8)
| Name | Representing | Role | Since |
|---|---|---|---|
| Michael Clark | Lumerit | Board Member | 000 0000 |
Lumerit Signals
Growth Rate
0.80%
Weekly
Growth
Growth
Weekly Growth
0.80%, 93rd %
-35.5%.
530%
Size Multiple
219x
Median
Size Multiple
219x, 100th %ile
0.00x
0.95x.
413Kx
Key Data Points
Twitter Followers
5.5k
Similarweb Unique Visitors
15.0K
Majestic Referring Domains
314
