Merit works with trusted private, state, and municipal organizations to solve critical real-world problems using verified identity in sectors such as workforce development, emergency services, licensing, education, and defense readiness.
More than 1,400 organizations have sent 2.5 million merits, engaging 250,000+ active individuals – and its verified identity network grows daily.
More than 1,400 organizations have sent 2.5 million merits, engaging 250,000+ active individuals – and its verified identity network grows daily.
Location: United States, California, Millbrae
Employees: 51-200
Phone: +1 833-463-7487
Total raised: $60M
Founded date: 2016
Investors 4
| Date | Name | Website |
| - | Azure Capi... | azurecap.c... |
| - | a16z | a16z.com/ |
| - | Silicon Ve... | siliconven... |
| - | UpHonest C... | uphonestca... |
Funding Rounds 2
| Date | Series | Amount | Investors |
| 16.01.2025 | - | $10M | - |
| 13.01.2022 | Series B | $50M | - |
Mentions in press and media 4
| Date | Title | Description |
| 16.01.2025 | Merit Systems raises $10M to create a new economic model called ‘open-source capitalism’ Your vote of support is important to us and it helps us keep the content FREE. One click below supports our mis... | A pioneering startup called Merit Systems Inc. is getting a lot of attention today after raising $10 million to create a new economic model for software developers that it calls “open-source capitalism.” Today’s round was led by heavyweight... |
| 20.09.2024 | New Partnership with Merit Announced to Help Increase and Support High School Quality Pre-Apprenticeship (QPA) Programs | Iowa Office of Apprenticeship (IOA) is announcing a new partnership with Merit, focused on better serving high school Quality Pre-Apprenticeships (QPA) and expanding those programs to better support the future workforce. The partnership wit... |
| 13.01.2022 | Merit Raises $50M in Series B Funding | Merit, a Millbrae, Calif.-based verified identity platform, raised $50M in Series B funding, bringing the total raised to date to $80M. The round was led by Rose Park Advisors with participation from a16z, Bow Capital, Govtech Fund, Experia... |
| 12.01.2022 | Merit grabs $50M Series B to expand digital credentials platform | When we think about identity in the digital world, it usually involves a username and password, but Merit (originally called Sigma) wants to help governments issue digital credentials that link back to a government license database with the... |