Founded in 2017, Meritize is working to scale its operations and accelerate momentum to meet the education and training needs of fast-growing industries such as information technology and health care. The new CFO The new CFO brings nearly 30 years of corporate finance and investment banking experience to the company.
In this week’s roundup of hires, promotions, and accolades in North Texas, you’ll also find news from ECI Software Solutions, CIEN+, Daseke, Richardson Chamber of Commerce, Schneider Electric, INFOLAB, Meritize, and others.
Plus, Enhabit Home Health Hits the NYSE, Irving Web3 Investor Raising Two New Funds, TPG leads $750M raise in clean energy firm; Coppell-based Neurolens raises $2.7M; Fort Worth's Jet Health raises $1M; Frisco edtech startup Meritize lands funding; Honeywell acquires Fort Worth nitrile glove maker Rhino Health USA; and more North Texas-related deals.
Meritize CEO Chris Keaveney, in a previous stint as a student loan credit officer, saw that "educational finance was really not student lending—it was family lending. And the loans were really made to prime and super-prime co-signers."
Meritize provides an alternative to the traditional way of securing an educational loan, he says. The platform looks at a person's "potential to succeed," providing options that can help get workers trained and placed in a variety of industries.
Founded in 2016 by Chief Executive Officer Chris Keaveney (right) and Chief Credit & Analytics Officer Phillip Stegner, the fast-growing education lender has raised a total of $23.4 million in funding, according to Crunchbase. [Photo via Meritize]
In this weekly roundup of leadership and executive moves by companies and organizations in North Texas, you’ll find news from SierraConstellation Partners, Caregiver, Inc., Norton Rose Fulbright, Tricolor Insurance, Southern Methodist University, and MedWell Solutions.
Regardless of what type of funding it is—seed, venture capital, angel, or corporate—here are 17 North Texas companies that successfully pulled in capital to back their ventures.
From an education loan platform to social marketing and retail, here are some of the latest capital raises, mergers, and acquisitions with North Texas ties.
Fort Worth-based American Airlines made a trio of charitable commitments to observe the 25th anniversary of the 9/11 terrorist attacks.
The airline and its CR Smith Museum, located at American’s Fort Worth campus, said they’ve made their 9/11 collection available to the National September 11 Memorial & Museum in New York City....
Seventeen-year-old Minh Nguyen is building xOrbita, an autopilot platform for satellites. Not in a classroom but in the real world. That on its own would be quite a feat.
But Nguyen’s company said he recently stepped up his burgeoning entrepreneurship as the youngest person ever accepted into the prestigious EWOR fellowship program for early-stage startups....
University of North Texas alum Vikas Sinha and his wife, Anuradha, donated $20 million to launch a college specializing in AI and advanced analytics at UNT.
The Denton university said the Anuradha and Vikas Sinha College of Artificial Intelligence and Advanced Analytics will concentrate on the development, application and responsible use of AI, intelligent systems and data analytics....
Fort Worth-based American Airlines made a trio of charitable commitments to observe the 25th anniversary of the 9/11 terrorist attacks.
The airline and its CR Smith Museum, located at American’s Fort Worth campus, said they’ve made their 9/11 collection available to the National September 11 Memorial & Museum in New York City....
Seventeen-year-old Minh Nguyen is building xOrbita, an autopilot platform for satellites. Not in a classroom but in the real world. That on its own would be quite a feat.
But Nguyen’s company said he recently stepped up his burgeoning entrepreneurship as the youngest person ever accepted into the prestigious EWOR fellowship program for early-stage startups....
University of North Texas alum Vikas Sinha and his wife, Anuradha, donated $20 million to launch a college specializing in AI and advanced analytics at UNT.
The Denton university said the Anuradha and Vikas Sinha College of Artificial Intelligence and Advanced Analytics will concentrate on the development, application and responsible use of AI, intelligent systems and data analytics....