Tech Company Financing Transactions
Merit Network Funding Round
Merit Network, based in Ann Arbor, received $831.9 thousand from USDA.
Transaction Overview
Company Name
Announced On
4/23/2025
Transaction Type
Venture Equity
Amount
$831,865
Round
Undisclosed
Investors
USDA (Lead Investor)
Proceeds Purpose
To develop community-driven digital equity plans, including infrastructure planning, educational programs, and digital skills training, across several rural communities in Michigan.
Company Information
Company Status
Private & Independent
Industry
EdTech
Mailing Address
880 Technology Dri B
Ann Arbor, MI 48108-8963
USA
Ann Arbor, MI 48108-8963
USA
Phone
Website
Email Address
Overview
Merit provides solutions for the specific needs of your organization, rather than a one-size-fits-all approach. A 100% Michigan-based nonprofit organization since 1966, Merit is the trusted provider for education, government, health care, libraries and nonprofit organizations.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Roger Blake
Chief Information Officer
David Dennis
Vice President
Charlotte Bewersdorff
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About Database of VC Transactions
We do our best to report on all VC transactions involving tech companies. VC investment data records reported here are sourced from news reports and company announcements. The data is sourced from VentureDeal.com, an affiliated venture.
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