Participated · Equity · Apr 2019

Credly, launched in 2012 and led by CEO Jonathan Finkelstein, is a New York City–based digital credentials company. It provides thousands of employers, training organizations, associations, certification programs and workforce development initiatives with a platform to translate learning experiences into professional opportunities using digital credentials. The platform offers enterprise-class tools that generate data-driven insights to help organizations attract, engage, develop and retain talent, address skills gaps, and highlight opportunities through a global network of credential issuers. Last year Credly acquired Acclaim, Pearson's digital credential business, expanding its footprint. In April 2019 the company raised $11.1m in new funding, bringing total funding to date to $18.2m. Investors in the round included Zoma Capital, Strada Education Network, New Markets Venture Partners, University Ventures, Pearson, Lumina Foundation and Lion Brothers Company. Credly is a NYC-based enterprise-class digital credential service that issues, verifies, shares and manages digital credentials and open badges. The platform enables organizations to officially verify skills and competencies, distribute portable and secure digital credentials and open badges, and gain actionable data and insights. Its users include thousands of educational institutions, industry associations, employers and workforce development programs. Led by founder and CEO Jonathan Finkelstein, Credly has raised more than $7M in total funding. In this round it raised $4.6M, which it intends to use to accelerate development efforts. The company focuses on delivering enterprise features for credential management and data-driven insights. Credly provides an enterprise-class platform that enables organizations to officially verify skills and competencies, distribute portable and secure digital credentials and open badges, and gain actionable data and insights. The system is used by thousands of educational institutions, companies, and professional associations to validate and acknowledge learner, employee, and member competencies. Led by founder and CEO Jonathan Finkelstein, Credly focuses on credential management and distribution workflows for institutions and employers. The company closed a $2.5M seed financing, bolstering its early-stage financial position. The platform emphasizes portability and security of credentials and delivers analytics to its customers. No additional future plans beyond the product and customer focus are specified in the article.