Merit

Aspire Technologies is the Workforce Technology Company.

San Francisco, United States · Founded 2016 · $71.0M raised

Employees
51–200
Founded
2016
Business Model
B2B
Website
merits.com
Total Funding
$71.0M
Last Round
$981K GrantMar 2024
Rounds
3

Totals include recorded grants and other qualifying funding, not just equity. What counts toward funding.

Indexed holds 3 funding rounds and 6 investors for this company. The full record is or through the API.

About

Merit is building the future of digital identity, transforming how large-scale government programs operate. Its interoperable digital credentialing platform empowers individuals with secure, verified credentials that simplify everyday life, and the company has helped provide educational enrichment to over 200,000 students while driving results in 20+ states, including hundreds of millions of dollars in grants. Merit is backed by Andreessen Horowitz, Greylock, Experian, Snowflake, and ServiceNow.

Summary

Merit is a SaaS company based in San Francisco, United States, founded in 2016. It has raised $71.0M in total across 3 rounds, most recently a $981K Grant round in Mar 2024. Investors include Rose Park Advisors, L Catterton and Andreessen Horowitz.

Tech & App Stack

5 technologies & apps tracked

Every product and vendor across these categories, with where each signal came from.

Create a free account with 25 free credits every month, no card needed, to unlock the full tech & app stack, funding history, and valuations.

Funding History

GrantSBIR Phase II (DHS)Mar 2024
$981K

Sign up to see all 3 events

Funding: Series A through Grant. Amounts, valuations, and investors where available.

Investors

Similar Companies

OpenAI

OpenAI is an AI research and deployment company dedicated to ensuring that general-purpose artifi...

San Francisco, United States5001–10000Artificial Intelligence, Generative AI
Corporate RoundTotal funding$179.6BMar 2026
Databricks

Databricks provides a unified data and AI platform that helps enterprises build and run applicati...

San Francisco, United States10001+Analytics, Artificial Intelligence
Series G+Total funding$20.0BJul 2026
Stripe

Stripe provides payments, billing, money-management, fraud-prevention, and identity tools that he...

South San Francisco, United States5001–10000Banking, Fintech
Series G+Total funding$8.8BMar 2023
Aramark CorporationIPO

Aramark delivers food, facilities-management, hospitality, refreshment, and supply-chain services...

Philadelphia, United States10001+E-Commerce, SaaS
Private EquityTotal funding$8.3BAug 2006
BMC SoftwareAcquired

BMC builds enterprise software that orchestrates workflows across cloud, mainframe, and hybrid en...

Houston, United States5001–10000SaaS
Private EquityTotal funding$6.9BSep 2013
ByteDance

ByteDance is a Chinese technology company that utilizes AI to distribute content based on users' ...

Beijing, China10001+Social Media, Artificial Intelligence
Growth EquityTotal funding$6.1BOct 2018

Your company? Embed this profile

Add the live badge to your site — it stays current as your funding data updates.

Merit on Indexed.vc
<a href="https://indexed.vc/companies/merit"><img src="https://indexed.vc/api/badge/company/merit" alt="Merit on Indexed.vc" width="260" height="76" /></a>