Forget getting accredited. Get your documents accredified! Meet Accredify. This Singaporean SaaS startup just raised a $7M Series A. With their end-to-end verification solutions, they're fighting against fraud and forgery.

• They've already processed over 12M verifications on 2M issued documents!
• They've worked with 600 users in nine markets and eight industries.
  

Investor check. iGlobe Partners and SIG Venture Capital co-led the round. Existing investors Pavilion Capital and Qualgro also joined in!

🤔 Started from the bottom

Founded in 2019, they started in education by helping universities and colleges create and issue verifiable qualifications — like tamper-proof graduation certificates and transcripts.

The real deal? Their solution has been used commercially by governments and corporations across multiple markets! It's way beyond just a proof-of-concept.

✅ Now we're here

• Helped 467k migrant workers recover and safely return to work and powered 1.5M travelers' HealthCerts for pre-departure COVID test results — through their partnership with Singapore's Ministry of Health.
• Worked with Singapore's Accounting and Corporate Regulatory Authority (ACRA) to launch verifiable business profiles and incorporation/registration certificates.
• Been used to verify gemstones and more!

📑 How it works

Their end-to-end solution helps you issue, manage and verify documents with the power of blockchain.

• Once a document is "Accredified" it is already digitized and easy to share.
• Accredified documents can be traced and checked for authenticity — just drag and drop them into Accredify.

The details. When a new company works with Accredify, they create an identity for the client on the blockchain (usually Ethereum) to create a wallet (or a document store) on the blockchain network.

• Whenever the company issues a verifiable document with Accredify, the document's digital fingerprint is captured and stored in its document store on the blockchain.
• This lets verifiers instantly verify a company’s issued documents, where the contents of the document being verified are checked against the fingerprint in the document store on the blockchain.

✈️ APAC Path

With the new $$$, they'll be pushing for their APAC expansion, especially to scale their services and explore more use cases for their solution across industries.

• They're focusing on Singapore, Australia and Japan.
  

It's office-ial. They'll grow their team in Singapore and their focus countries, invest in their Sydney office and are planning for their Japan office.

• They're exploring their Japan expansion through pilots with government entities.