Vemo Education Overview
- Year Founded
-
2015

- Status
-
Acquired/Merged
- Employees
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15

- Latest Deal Type
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M&A
Vemo Education General Information
Description
Developer of income-based payment platform designed to help colleges and universities to provide student financing programs to increase access and affordability. The company's platform collaborates and works with higher education institutions and their affiliates to effectively design and implement unique alternatives to traditional debt-dependent education finance options, enabling universities to help increase educational opportunities and reduce financial barriers to economic mobility.
Contact Information
Website
www.vemoeducation.comCorporate Office
- 1560 Wilson Boulevard
- Suite 950
- Arlington, VA 22209
- United States
Corporate Office
- 1560 Wilson Boulevard
- Suite 950
- Arlington, VA 22209
- United States
Vemo Education Valuation & Funding
Deal Type | Date | Amount | Raised to Date | Post-Val | Status | Stage |
---|---|---|---|---|---|---|
9. Merger/Acquisition | 01-Jul-2022 | Completed | Generating Revenue | |||
8. Debt - PPP | 14-Apr-2020 | Completed | Generating Revenue | |||
7. Secondary Transaction - Private | 13-May-2019 | Completed | Generating Revenue | |||
6. Early Stage VC (Series A) | 21-Feb-2019 | Completed | Generating Revenue | |||
5. Seed Round | 12-Sep-2017 | Completed | Startup | |||
4. Secondary Transaction - Private | 28-Mar-2017 | Completed | Startup | |||
3. Seed Round | 08-Apr-2016 | Completed | Startup | |||
2. Secondary Transaction - Private | 05-Jan-2016 | $350K | $2.53M | Completed | Startup | |
1. Seed Round | 23-Nov-2015 | $2.53M | $2.53M | Completed | Startup |
Vemo Education Cap Table
Stock | # of Shares Authorized |
Par Value | Dividend Rate ($) | Original Issue Price |
Liquidation | Liquidation Pref. Multiple |
Conversion Price | % Owned |
---|---|---|---|---|---|---|---|---|
Series A | ||||||||
Seed 4 | ||||||||
Seed 3 | ||||||||
Seed 2 | 2,500,000 | $0.001000 | $0.08 | $1 | $1 | 1x | $1 | 1.14% |
Seed 1 | 7,700,000 | $0.001000 | $0.01 | $0.14 | $0.14 | 1x | $0.14 | 3.5% |
Vemo Education Comparisons
Industry
Financing
Details
Vemo Education Competitors (27)
One of Vemo Education’s 27 competitors is Propelld, a Venture Capital-Backed company based in Bangalore, India.
Company Name | Financing Status | Location | Employees | Total Raised | Last Financing Date/Type | Last Financing Amount |
---|---|---|---|---|---|---|
Propelld | Venture Capital-Backed | Bangalore, India | ||||
Meritize | Venture Capital-Backed | Frisco, TX | ||||
Tuition.io | Venture Capital-Backed | San Mateo, CA | ||||
Fundera | Formerly VC-backed | New York, NY | ||||
Credit Karma | Venture Capital-Backed | Oakland, CA |
Vemo Education Signals
Vemo Education Former Investors (17)
Investor Name | Investor Type | Holding | Investor Since | Participating Rounds |
---|---|---|---|---|
Angel (individual) | Minority | |||
Angel (individual) | Minority | |||
Core Innovation Capital | Venture Capital | Minority | ||
Angel (individual) | Minority | |||
ECMC Group - Education Impact Fund | Impact Investing | Minority |
Vemo Education Acquisitions (1)
Vemo Education’s most recent deal was a Merger/Acquisition with Edmit. The deal was made on 27-May-2021.
Company Name | Deal Date | Deal Type | Deal Size | Industry | Lead Partner |
---|---|---|---|---|---|
Edmit | 27-May-2021 | Merger/Acquisition | Application Software |
Vemo Education FAQs
-
When was Vemo Education founded?
Vemo Education was founded in 2015.
-
Where is Vemo Education headquartered?
Vemo Education is headquartered in Arlington, VA.
-
What is the size of Vemo Education?
Vemo Education has 15 total employees.
-
What industry is Vemo Education in?
Vemo Education’s primary industry is Financial Software.
-
Is Vemo Education a private or public company?
Vemo Education is a Private company.
-
What is Vemo Education’s current revenue?
The current revenue for Vemo Education is
. -
How much funding has Vemo Education raised over time?
Vemo Education has raised $35.7M.
-
Who are Vemo Education’s investors?
Core Innovation Capital, , and ECMC Group - Education Impact Fund are 5 of 17 investors who have invested in Vemo Education.
, , -
Who are Vemo Education’s competitors?
Propelld, Meritize, Tuition.io, Fundera, and Credit Karma are some of the 27 competitors of Vemo Education.
-
When was Vemo Education acquired?
Vemo Education was acquired on 01-Jul-2022.
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