Companies · Edtech

Academic Merit, LLC

PORTLAND · Edtech · refined from filed group “Other

Diligence memoA one-page analyst read on Academic Merit, LLC — recommendation, valuation, rhythm, risks.
$2.1M
Total raised · real
4
Rounds
0.5×
Latest step-up
Top 43%
Sector rank · raised
Seed
Latest stage · inferred · Tue Apr 25 2017 00:00:00 GMT+0000 (Coordinated Universal Time)

Academic Merit, LLC looks under-valued against its niche peers and is dormant on financing cadence.

Synthesized from the figures below est. — every claim rests on a number shown on this page. Valuation uses the edtech sector profile.

Analyst read est. — computed against this company's niche peers in the same era. Inputs shown; not a quoted figure.

Under-valued
  • Modeled value is 0.39× the median modeled value of Seed Edtech companies in 2016–2018 (14 peers) — value vs value, same stage and era.
Dormant
  • Last raise 9.2 yr ago; this sector typically re-raises about every 15 months.
  • Silent for over 3× the sector's normal cadence.

Procedural diagnosis est. — rule-based common-sense checks over the filing pattern, issuer name, activity cadence, and surfaced operating evidence.

Issuer-vehicle patternmedium confidence

Academic Merit, LLC behaves more like a recurring private-offering issuer than a conventional venture-backed operating company.

Issuer structure
Company-like
No recurring-offering pattern strong enough to override normal financing interpretation.
Lifecycle
13.1 yr record
Peak capital year was 2015 with $1.4M across 2 filings.
Market position
ahead of 58% of Edtech peers
Capital scale is ahead of 58% of Edtech peers; modeled value is above 50% of peers by modeled value. Large capital with mid-pack modeled value can signal an issuer/program profile rather than operating-company growth.
Valuation reliability
Normal applicability
Stage/dilution valuation models are weakest when the issuer is broad-sector, recurring, or vehicle-like.
Operating evidence
Sparse
No clear CEO/founder/principal role is surfaced, so operating-company confidence is lower.
Data quality
Consistent
Canonical totals and visible filing detail are broadly aligned.
What triggered this
  • Legal name looks like an issuer vehicle rather than a product company.
  • No clearly named CEO/founder/principal role in the public records surfaced here.
  • No verified homepage on the profile yet.
  • Capital program peaked in 2015: $1.4M across 2 filings.
  • Largest single filing was $1.2M on 2015-12-21.
How to read the page
  • Read this less like a startup funding journey and more like a capital-raising program.
  • Stage-based valuation and peer labels have lower applicability for this pattern.
  • The more important signal is lifecycle: repeated filings ended years ago, so current activity needs outside confirmation.
Leadership

No named principal in this company's public records yet — see all operators below.

Explore how these operators interlock with other companies in the operator network.

Where it sits in Edtech

Academic Merit, LLC is one of 262 Edtech companies tracked from PORTLAND. By capital raised it ranks mid-pack (ahead of 58% of sector peers), and mid-pack by modeled valuation est..

Ranking is computed against this company's own sector cohort — reported capital is fact; valuation tiers are modeled.

As reported in public records reported — not modeled.

US
Jurisdiction
Rule 506(b)
Reg D exemption
7
Investors (latest)
2017-04-25
First sale
Amount raised vs valuation, by round

Solid bars are reported offering amounts reported; hatched bars are the modeled post-money valuation est. — both on one shared scale so you can read raise-vs-worth at each round directly. Use the toggles to overlay data labels and the niche-peer / market average value lines.

Amount raised · realModeled valuation · estCumulative funded · real
$0$13M$25M$38M$50MPre-Seed · 2013-06-05 Raised $100K (real) Modeled valuation $2.4M (est)$100K$2.4MPre-Seed2013Pre-Seed · 2015-06-29 Raised $200K (real) Modeled valuation $4.8M (est)$200K$4.8MPre-Seed2015Seed · 2015-12-21 Raised $1.2M (real) Modeled valuation $24M (est)$1.2M$24MSeed2015Seed · 2017-04-25 Raised $600K (real) Modeled valuation $12M (est)$600K$12MSeed2017+$200K+$1.2M+$600KCumulative $2.1M

The line shows cumulative reported funding over the period; + labels show new capital added between points when there is room. Toggle on-bar figures, plus the niche-peer and market averages, to read this company against its cohort. Benchmarks are modeled medians.

Financing ladder & sequence gaps
Pre-Seed$100K · 2013
Pre-Seed extension$200K · 2015
Seed$1.2M · 2015
Seed extension$600K · 2017

Stages are modeled from round size (public records carry no series label). Ladder is contiguous — every modeled rung has a record.

Modeled valuation trajectory
$11.6M
Base estimate est.
$497K
Conservative case
$90.7M
Upside case
$3.0M
Modeled post-money

Round size and date are reported; the stage label is inferred from round size (latest is Seeda $1.0M–$4.0M round). Valuation is modeled from stage benchmarks scaled by the edtech sector profile. Directional, not a quoted figure.

Pre-Seed · modeled $2.4M · 2013-06-052013Pre-Seed · modeled $4.8M · 2015-06-29Seed · modeled $24.0M · 2015-12-21Seed · modeled $11.6M · 2017-04-252017
Model inputs · modeled:benchmark-stage-stepup-v1
20%
Dilution assumption
Implied ownership sold in the financing.
37%
Survival probability
17% low · 57% high
1.48×/yr
Annual markup
1.94×/yr upside case
6.0 yr
Elapsed time used
9.2 yr actual, capped for stale marks
edtech
Sector profile
Adjusts growth and survival by industry.
Financing rhythm
16 mo
Avg between rounds
$551K/yr
Capital velocity
13.1 yr
On record since
2013
First round
4
Rounds on file
How it compares to the market

Benchmarked against 262 companies in Edtech. Each bar is a median (the middle company, not an average — outliers don't skew it). Two yardsticks: real money raised (reported on Form D) and modeled value (our estimate est.). These are whole-sector medians across all stages, except the per-stage row.

Total raised — vs sector median (real $, all stages) 0.9× of median
This company$2.1M
Sector median$2.4M
Latest round — vs other Seed rounds in sector (real $, this stage) 0.3× of median
This company$600K
Sector median$1.8M
Modeled value — vs sector median (estimate, all stages) 0.6× of median
This company$11.6M
Sector median$19.9M

Raised more than 58% of sector peers (real $). Modeled value above 50% of peers (estimate).

Niche peers — same stage & era

A tighter cohort than the sector chart above — only companies at the same stage (Seed) that last raised in the same ~3-year era, ranked by modeled value est. (not money raised). This is the exact set the analyst read compares against, so a like-for-like cohort is what makes "over/under-valued" meaningful. This company ranks #13 of 14.

This companyCohort peer
$10.0M$100.0M$100K$1.0M$10.0MCapital raised (log)EnCompass Education Solutions, Inc. · Seed Raised $3.5M · modeled $66.7M (est)SolBe Learning Uno, LLC · Seed Raised $3.0M · modeled $58.2M (est)Learning Machine Technologies, Inc. · Seed Raised $3.0M · modeled $57.8M (est)SchoolStatus, LLC · Seed Raised $5.0M · modeled $38.5M (est)School Bell Partners LLC · Seed Raised $2.0M · modeled $38.5M (est)Blended Education Inc. · Seed Raised $1.8M · modeled $34.4M (est)Educational Concepts, L.L.C. · Seed Raised $1.6M · modeled $30.8M (est)Pro-MECH Learning Systems, LLC · Seed Raised $4.8M · modeled $28.9M (est)EdTech Invest, LLC · Seed Raised $1.5M · modeled $28.9M (est)Sama Learning, Inc. · Seed Raised $1.5M · modeled $28.9M (est)Invoke Learning, LLC · Seed Raised $1.2M · modeled $22.6M (est)Thread Learning, Inc. · Seed Raised $1.0M · modeled $20.2M (est)Academic Merit, LLC (this company) Raised $2.1M · modeled $11.6M (est)Academic Merit, LLC
CompanyStageRaised · realValue · estvs peer med.
EnCompass Education Solutions, Inc.Seed$3.5M$66.7M2.23×
SolBe Learning Uno, LLCSeed$3.0M$58.2M1.95×
Learning Machine Technologies, Inc.Seed$3.0M$57.8M1.94×
SchoolStatus, LLCSeed$5.0M$38.5M1.29×
School Bell Partners LLCSeed$2.0M$38.5M1.29×
Blended Education Inc.Seed$1.8M$34.4M1.15×
Educational Concepts, L.L.C.Seed$1.6M$30.8M1.03×
Pro-MECH Learning Systems, LLCSeed$4.8M$28.9M0.97×
EdTech Invest, LLCSeed$1.5M$28.9M0.97×
Sama Learning, Inc.Seed$1.5M$28.9M0.97×
Invoke Learning, LLCSeed$1.2M$22.6M0.76×
Thread Learning, Inc.Seed$1.0M$20.2M0.68×
Academic Merit, LLC this companySeed$2.1M$11.6M0.39×
Full financing history

Stage is inferred from round size est., not reported on the filing — a round's dollar size maps to a bucket: Pre-Seed <$1.0M · Seed $1.0M–$4.0M · Series A $4.0M–$15M · Series B $15M–$40M · Series C $40M–$100M · Series D+ $100M–$400M · Growth/Late >$400M.

StageAmount · realAnnouncedPost-money · estValue · estConf.
Pre-Seed$100K2013-06-05$556K$2.4M85%
Pre-Seed$200K2015-06-29$1.1M$4.8M85%
Seed$1.2M2015-12-21$6.2M$24.0M85%
Seed$600K2017-04-25$3.0M$11.6M90%
What happened at each round

Step-up, pace versus the sector's normal cadence, and revenue/exemption moves — read straight from the reported round facts reported.

  1. Pre-Seed$100K2013-06-05
    • First recorded raise — entered as Pre-Seed.
    • 1 investor on this round.
  2. Pre-Seed$200K2015-06-29
    • Raised again after 25 mo — slower than the ~15 mo sector norm.
    • Round 2.0× larger than the prior — scaling up.
    • Switched to Rule 506(b) (was Rule 504).
    • 1 investor on this round.
  3. Seed$1.2M2015-12-21
    • Came back fast: 6 mo vs the ~15 mo sector norm.
    • Round 6.2× larger than the prior — scaling up.
    • Switched to Rule 506(c) (was Rule 506(b)).
    • 16 investors on this round.
  4. Seed$600K2017-04-25
    • Raised 16 mo later, in step with the ~15 mo sector norm.
    • Round 2.1× smaller than the prior — bridge or down round.
    • Switched to Rule 506(b) (was Rule 506(c)).
    • 7 investors on this round.
Intelligence
2018 ~Q3
Modeled next raise · ~16mo cadence
$600K
Modeled next size est.range $600K$960K
0.5×
Last step-up
$551K/yr
Capital velocity

Predictive signals are modeled est. from this company's own cadence and step-up, plus sector benchmarks — directional, not advice. Peer set and a CSV export live in your analyst workspace.

Key people & operators

Officers, directors and promoters named in this company's public recordsreported — the people who run it (not its investors). "Also runs" counts come from name-matching across all records, so verify before acting.

PersonRoleAlso runsTied since
Edward G Preston2015-12
Gee G Kim2015-12
Gee Kin Chou2015-06
Gee-Kin G Chou2017-04
H Odgen Morse III2015-12
H Ogden Morse III2013-06
H Ogden Morse Jr.2013-06
Jeff G True2015-12
Jeff Ogden True2015-06
Jeffrey D True2013-06
John D Goodrich2013-06
Linda G Roberts2013-06
Martin G Scaglione2015-12
Martin Kin Scaglione2015-06
Matthew D Bevin2013-06
Robert D Kump2013-06
Steven G Shapiro2015-12
Steven Ogden Shapiro2015-06
Ted G Preston2015-06
Timothy P Brooks2013-06
Registry & provenance

Academic Merit, LLC is an official record sourced from the U.S. Securities and Exchange Commission (SEC). U.S. data is aggregated from SEC Form D filings.

United States
Country of record
US
Jurisdiction
1578643
SEC CIK
Similar companies

Nearest neighbours across the whole database — matched on sector, stage and capital scale, and on shared operators (officers or directors named at both companies in public filings). A discovery shortlist, not a valuation cohort — verify before acting, the same way modeled figures are directional.

CompanySectorStageRaised · realValue · estWhy similar
BASE Education, LLCEdtechSeed$2.1M$9.6Msame sector · same stage
Riff Learning, Inc.EdtechSeed$2.2M$30.8Msame sector · same stage
Papaya Tutoring Services, Inc.EdtechSeed$2.3M$16.5Msame sector · same stage
Education Bot, Inc.EdtechSeed$2.0M$3.7Msame sector · same stage
Flashlight Learning, Inc.EdtechSeed$2.3M$5.2Msame sector · same stage
Continuing Education & Resources, IncEdtechSeed$2.0M$38.5Msame sector · same stage
FoondaMateEdtechSeed$2.0M$18.3Msame sector · same stage
School Bell Partners LLCEdtechSeed$2.0M$38.5Msame sector · same stage
Semantically similar

Matched by meaning, not labels — a local language model reads each company's name, sector and description and ranks the closest in that learned space. This catches look-alikes that cross sector boundaries; the structured list above explains its matches, this one trusts the text. Directional, like every modeled signal here.

CompanySectorStageValue · estMatch
Merit Systems, Inc.Software / TechSeries A$48.2M83%
i merit inc.Other TechnologySeries B$578.5M83%
Academic Insight Lab, LLCEdtechPre-Seed$981K83%
BASE Education, LLCEdtechSeed$9.6M83%
McGraw-Hill Education, Inc.EdtechSeries D+$377.2M82%
Benchmark Learning Inc.EdtechPre-Seed$1.1M82%
Galileo Education Holdings, LLCEdtechSeed$8.9M81%
Open Education Technologies LLCEdtechPre-Seed$6.3M81%
Frequently asked
How much funding has Academic Merit, LLC raised?
Academic Merit, LLC has raised approximately $2.1M in disclosed capital across 4 recorded financing rounds, aggregated from public filings.
What is Academic Merit, LLC's estimated valuation?
Provath's modeled valuation for Academic Merit, LLC is approximately $11.6M (modeled range $497K–$90.7M). This is an algorithmic estimate derived from round sizes and same-niche peers — not a quoted or reported figure.
What funding stage is Academic Merit, LLC at?
Academic Merit, LLC's latest modeled financing stage is Seed. Its most recent recorded round closed around Tue Apr 25.
What does Academic Merit, LLC do and where is it based?
Academic Merit, LLC operates in the Edtech sector, based in PORTLAND.
Explore related

See where Academic Merit, LLC sits in the wider market — its sector, location and stage cohorts, each with their own leaderboards and capital-flow timelines.

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