Accredible, the leading digital credentialing platform, has successfully completed its Series B financing round with Frontier Growth as the primary investor. This round saw participation from both new and existing investors, including The Stephens Group, PivotNorth, and Uncork Capital. The funding will be utilized to fuel Accredible’s growth and drive innovation in response to the increasing global demand for its platform. Universities, associations, and technology companies are turning to Accredible to develop and expand their digital credential programs. With over 2,000 trusted customers, including Skillsoft, Slack, IEEE, Cengage, and MIT, Accredible issues and verifies over 75 million career-enhancing credentials on their behalf.
Accredible, founded in 2013, has become a significant player in the digital credential industry by streamlining the creation, issuance, management, and verification of digital certificates and badges through its platform. The company’s CEO, Danny King, highlights the industry’s growth, particularly in skills-based hiring and the need for individuals to upskill and reskill, and Accredible’s commitment to making the certification process efficient and manageable. Frontier Growth, the lead investor, recognizes Accredible as a leading platform for third-party issuers of digital credentials and is excited to support its revenue growth and client retention efforts.
Ryan Morrow, a Principal at The Stephens Group, commends Accredible for its role in managing credentials efficiently, which is becoming increasingly important in modern education. Accredible’s recent achievements include being recognized as one of the fastest-growing companies on the Inc. 5000 list and receiving the Best SaaS Product for Learning Management or Training award from the 2023 SaaS Awards. With this new investment, Accredible aims to further enhance its line of credential products, deliver exceptional value to customers, and provide an outstanding experience for credential recipients.