Accreditrust Received Investment from Verisys

Accreditrust, a Warren, NJ-based global service provider for the curation of sustainable, portable and independently verifiable credentials, received a multimillion-dollar investment from Verisys, a regulatory compliance solution provider for the healthcare industry.

The exact amount of the deal was not disclosed.

The company intends to use the funds to grow operations and further develop its TrueCred™ SaaS solution.

Led by CEO Eric Korb, Accreditrust provides TrueCred, a SaaS-based solution that allows companies offering credential processing, instructional delivery, testing, human capital management and professional networking applications to license APIs to process secure credentials. The company is currently collaborating with members including Educational Testing Services (ETS) to develop next generation digital credentials.



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