Accredible, the world’s leading digital credentialing platform, has successfully closed its Series B financing round, with Frontier Growth as the lead investor. The investment will be used to accelerate Accredible’s growth and drive product innovation to meet the increasing global demand for its platform. Universities, associations, and technology companies are turning to Accredible to develop and expand their digital credential programs.
Since its founding in 2013, Accredible has played a crucial role in streamlining the creation, issuance, management, and verification of digital certificates and badges. With the trust of over 2,000 customers, including prominent organizations like Skillsoft, Slack, and MIT, Accredible has issued and verified over 75 million career-enhancing credentials. The company’s CEO, Danny King, highlighted the growing emphasis on skills-based hiring and the need for individuals to upskill and reskill, and Accredible aims to simplify the process while maintaining the value of certifications.
Frontier Growth, the lead investor in the financing round, expressed its delight in partnering with Accredible as a leading platform for third-party issuers of digital credentials. The investment will support Accredible in enhancing its line of credential products and providing exceptional value to customers and recipients. The Stephens Group also praised Accredible’s role in efficiently managing credentials, which have become a critical aspect of modern education. Accredible has been recognized for its achievements, including being listed on the Inc. 5000 list of fastest-growing companies and receiving the Best SaaS Product for Learning Management or Training award.
Overall, Accredible’s successful Series B financing round will enable the company to further grow its presence in the digital credentialing industry and continue providing efficient and innovative solutions for customers, issuers, and students.