Edmit (Application Software) Overview
- Year Founded
-
2017
- Status
-
Acquired/Merged
- Employees
-
20
- Latest Deal Type
-
M&A
Edmit (Application Software) General Information
Description
Developer of an ed-tech platform designed to create price and value transparency in higher education. The company's platform provides personalized data related to scholarships and financial aid, employment outcomes, and student debt, enabling college-bound students and their families to understand the holistic costs, affordability and value of different colleges and make well-informed decisions.
Contact Information
Website
www.edmit.meCorporate Office
- 2 Oliver Street
- 8th Floor
- Boston, MA 02109
- United States
Corporate Office
- 2 Oliver Street
- 8th Floor
- Boston, MA 02109
- United States
Edmit (Application Software) Valuation & Funding
| Deal Type | Date | Amount | Raised to Date | Post-Val | Status | Stage |
|---|---|---|---|---|---|---|
| 7. Merger/Acquisition | 27-May-2021 | Completed | Generating Revenue | |||
| 6. Accelerator/Incubator | 05-Dec-2019 | Completed | Generating Revenue | |||
| 5. Accelerator/Incubator | 17-Dec-2018 | Completed | Generating Revenue | |||
| 4. Seed Round | 30-Jul-2018 | Completed | Generating Revenue | |||
| 3. Seed Round | 16-Nov-2017 | Completed | Startup | |||
| 2. Accelerator/Incubator | Completed | Startup | ||||
| 1. Accelerator/Incubator | Completed | Startup |
Edmit (Application Software) Cap Table
| Stock | # of Shares Authorized |
Par Value | Dividend Rate (%) | Original Issue Price |
Liquidation | Liquidation Pref. Multiple |
Conversion Price | % Owned |
|---|---|---|---|---|---|---|---|---|
| Seed |
Edmit (Application Software) Comparisons
Industry
Financing
Details
Edmit (Application Software) Competitors (1)
One of Edmit (Application Software)’s competitors is Inceptia, a Corporation company based in Lincoln, NE.
| Company Name | Financing Status | Location | Employees | Total Raised | Last Financing Date/Type | Last Financing Amount |
|---|---|---|---|---|---|---|
| Inceptia | Corporation | Lincoln, NE |
Edmit (Application Software) Signals
Edmit (Application Software) Former Investors (31)
| Investor Name | Investor Type | Holding | Investor Since | Participating Rounds |
|---|---|---|---|---|
| Angel (individual) | Minority | |||
| Benefitfocus | Corporation | Minority | ||
| Bessemer Venture Partners | Venture Capital | Minority | ||
| Angel (individual) | Minority | |||
| Catapult VC | Venture Capital | Minority |
Edmit (Application Software) FAQs
-
When was Edmit (Application Software) founded?
Edmit (Application Software) was founded in 2017.
-
Where is Edmit (Application Software) headquartered?
Edmit (Application Software) is headquartered in Boston, MA.
-
What is the size of Edmit (Application Software)?
Edmit (Application Software) has 20 total employees.
-
What industry is Edmit (Application Software) in?
Edmit (Application Software)’s primary industry is Application Software.
-
Is Edmit (Application Software) a private or public company?
Edmit (Application Software) is a Private company.
-
What is Edmit (Application Software)’s current revenue?
The current revenue for Edmit (Application Software) is .
-
How much funding has Edmit (Application Software) raised over time?
Edmit (Application Software) has raised $3.15M.
-
Who are Edmit (Application Software)’s investors?
, Benefitfocus, Bessemer Venture Partners, , and Catapult VC are 5 of 31 investors who have invested in Edmit (Application Software).
-
Who are Edmit (Application Software)’s competitors?
Inceptia is a competitor of Edmit (Application Software).
-
When was Edmit (Application Software) acquired?
Edmit (Application Software) was acquired on 27-May-2021.
-
Who acquired Edmit (Application Software)?
Edmit (Application Software) was acquired by Vemo Education.
Data Transparency
-
Meet our data hygiene team
Discover how our experts ensure you’re getting the most accurate financial data in the industry.
Read more -
How PitchBook sources data
Our data operations team has logged over 3.5 million hours researching, organizing, and integrating the information you need most.
Discover our process