Accredible – a leading digital credentialing platform – recently announced the closing of its Series B financing led by Frontier Growth with participation by new and existing investors, including The Stephens Group, PivotNorth, and Uncork Capital. The latest funding round will continue accelerating Accredible’s growth and product innovation to meet the global demand for its platform from universities, associations, and technology companies looking to create and grow their digital credential programs.
Since being founded in 2013, Accredible has helped leading organizations streamline creating, issuing, managing, and verifying digital certificates and badges with its digital credentialing platform. Over 2,000 customers like Skillsoft, Slack, IEEE, Cengage, and MIT rely on Accredible to issue and verify over 75 million career-advancing credentials.
KEY QUOTES:
“With the explosion of skills-based hiring and the global demand for workers to upskill and reskill, 2023 has been a true watershed moment for the digital credential industry. We’re hearing from education, training, and association leaders that digital credentials have evolved to become the primary credentialing format for high-stakes credentials and are now a ‘need to have’ to keep pace with the future of work and education. The momentum we’re seeing validates our belief that while achieving certifications should be tough, managing and growing programs shouldn’t be.”
- Danny King, CEO and co-founder of Accredible
“We are delighted to partner with Accredible in their journey to accelerate the immutable trend of digitalization of the credential market. Accredible has emerged as the leading platform for third-party issuers of digital credentials with a particular focus on driving more revenue and better retention for their clients. This growth equity investment will enable the company to continue enhancing its line of credential products, offering even more value to their customers while providing an exceptional customer experience for the recipients of credentials.”
- Andrew Lindner, Founding Partner of Frontier Capital, who will join the Accredible Board of Directors
“We are excited to partner with the Accredible team as they continue to execute on their vision to bring credentialing into the digital world. Through our ed tech vertical, we identified the need for more efficient management of credentials as they have become an increasingly critical component of the modern educational journey. Students now earn numerous credentials throughout their careers, and Accredible’s solution enables the efficient management of these credentials, both for the issuer and student.”
Ryan Morrow, Principal at the Stephens Group
