Credly Closes $4.6 Million

Credly completed $4.6 million in financing, led by New Markets Venture Partners. University Ventures, Lumina Foundation, City & Guilds Group and Lion Brothers also participated in the funding.

Credly is a leading digital credential service provider, helping the world recognize achievement with the most popular platforms for verifying, sharing and managing digital credentials and badges. The enterprise-class system allows organizations officially to verify skills and competencies; distribute portable and secure digital credentials and open badges; and gain actionable data and insights. Thousands of educational institutions, industry associations, employers and workforce development programs use Credly to make achievements visible.

According to the company, the investment reflects a growing focus on credential technology among employers grappling with widening skills gaps, education institutions preparing learners with skills required by the modern labor market, and job seekers eager to share digitally verified evidence of what they can do.