PORTFOLIO PROFILES

Impact Thesis

Vision

Reduce the U.S. skills gap and unlock the potential of underserved learners through access to affordable financing

Problem

Chris Keaveney Founder & CEO

Headquarters Frisco, TX

Theme Unlocking Equitable Pathways

Stage Series C

Approach

Only half of the labor force has access to the training programs needed to address the persistent skills gaps in the economy,1 and the cost of postsecondary education and workforce training programs is a considerable barrier to matriculation and completion for underrepresented learners.

Alignment

Meritize leverages a holistic credit evaluation that includes past academic or military achievements to increase access to financing for skills-based training programs.

Meritize targets learners and educational institutions that traditional lenders such as Sallie Mae won’t serve based on the length of the program or their cosigner requirements. Meritize also looks to partner with institutions with high graduation and completion rates, delivering an attractive ROI for their underserved learners and helping improve loan performance.

Impact