Credly, a NYC-based platform for managing, distributing and using digital credentials, closed a $2.5m seed funding round.
The round was led by University Ventures and New Markets Venture Partners with participation from Lumina Foundation Venture Fund, the London-based City & Guilds Group and Lion Brothers Company. The investment is part of the first round of investments of City & Guilds Group’s New Venture Fund, and is the first direct investment by Lumina Foundation.
Led by Jonathan Finkelstein, founder and CEO, Credly provides a platform for managing, distributing and using digital credentials, which represent a range of verified skills, abilities and certifications. The enterprise-class system allows organizations to officially verify skills and competencies; distribute portable and secure digital credentials and open badges; and gain actionable data and insights.
It is currently used by thousands of educational institutions, companies, and professional associations to securely validate and acknowledge the competencies achieved by learners, employees, and members of their communities.