What is Credly?
Credly specializes in the design and development of sophisticated application software tailored for the digital credentialing market. The company provides a comprehensive suite of tools, including badge development, visual design, data reporting, and implementation support, which allow organizations to issue and manage verifiable credentials. By digitizing the recognition of skills and achievements, Credly enables institutions and corporations to bridge the gap between education and employment, facilitating a more transparent and efficient talent discovery process within the United States and beyond.
How much funding has Credly raised?
Credly has raised a total of $19.2M across 4 funding rounds:
Angel/Seed
$2.5M
Private Equity
$4.6M
Unspecified
$11.1M
Debt
$1M
Angel/Seed (2016): $2.5M with participation from City & Guilds Group, Lumina Foundation, New Markets Venture Partners, Lion Brothers Company, and University Ventures
Private Equity (2017): $4.6M, investors not publicly disclosed
Unspecified (2019): $11.1M supported by Pearson, University Ventures, Strada Education Foundation, ZOMA Capital, Lumina Foundation, New Markets Venture Partners, and Lion Brothers Company
Debt (2020): $1M featuring PPP
Key Investors in Credly
Pearson
Pearson is a global leader in educational publishing and media, providing comprehensive digital learning platforms and assessment services to institutions and individual learners worldwide.
University Ventures
University Ventures is a specialized investment firm focused on the future of higher education, supporting companies that introduce innovative learning approaches and affordable educational solutions.
New Markets Venture Partners
New Markets Venture Partners is a prominent edtech venture capital firm that provides strategic support to mission-driven startups aiming to transform learning and enhance economic mobility.
What's next for Credly?
As Credly moves forward, the focus remains on deepening its integration within enterprise human resources and educational systems. The recent capital infusion is expected to accelerate the development of its data reporting capabilities and expand its footprint in the workforce training sector. By leveraging its existing network of partners, the company is well-positioned to capitalize on the growing trend of skill-based hiring, where verifiable credentials serve as the primary currency for professional mobility and organizational development.
See full Credly company page
