Accredify Secures $7M Series A Funding to Expand Verifiable Tech Solutions
Singapore-based Accredify, a pioneer in verifiable technology solutions, has secured $7 million in Series A funding. The company aims to expand its regional presence and accelerate the development of its SaaS solution.
Founded in 2019, Accredify enables government institutes and enterprises to issue verifiable documents digitally. Its SaaS solution is already used across the public and private sectors, processing over 12 million verifications on 2 million issued documents.
The funding round was co-led by iGlobe Partners and SIG Venture Capital, with participation from returning investors Pavilion Capital and Qualgro. Accredify plans to use the funds to expand its staff in Singapore and target nations, including Australia and Japan, where it aims to scale its services and diversify use cases of verifiable technology solutions across various industries.
Accredify's CEO and co-founder, Quah Zheng Wei, sees verifiable data as the future standard for information. The company is currently building digital trust in 9 markets and 8 industries, with a focus on Singapore, Australia, and Japan in the coming year.
Accredify's successful Series A funding round will support its mission to pioneer the world's transition to verifiable data. With the backing of prominent investors, the company is well-positioned to expand its regional presence and drive the adoption of verifiable technology solutions across industries.
