About Accredify
Accredify is a company based in Singapore (Singapore) founded in 2018 by Shaun John Cheetham, Derrick Lee, and Zheng Wei Quah.. Accredify has raised $9.22 million across 5 funding rounds from investors including Okta Ventures, IGlobe Partners and SIG Venture Capital. Accredify offers products and services including TrustTech, Accredify Passport, Document Generation, Document Verification, and Analytics. Accredify operates in a competitive market with competitors including Box, Acquia, PandaDoc, Conga and Automattic, among others.
- Headquarter Singapore, Singapore
- Founders Shaun John Cheetham, Derrick Lee, Zheng Wei Quah
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Sectors
Technology
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Email
***********
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Phone
*********
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Website
*********
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Social
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- Legal Name Accredify Pte. Ltd
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Annual Revenue
$1.27 M (USD)20as on Dec 31, 2023
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Net Profit
$-2.52 M (USD)-77as on Dec 31, 2023
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EBITDA
$-2.51 M (USD)-79as on Dec 31, 2023
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Total Equity Funding
$9.22 M (USD)
in 5 rounds
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Latest Funding Round
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Investors
Okta Ventures
& 8 more
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Employee Count
Employee Count
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Products & Services of Accredify
Accredify offers a comprehensive portfolio of products and services, including TrustTech, Accredify Passport, Document Generation, Document Verification, and Analytics. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
End-to-end solution for creating and verifying digital documents securely.
Manages verifiable identities and documents for users.
Automates creation of tamper-proof digital documents.
Enables instant verification of documents via QR code.
Provides AI-powered insights from verifiable data.
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Funding Insights of Accredify
Accredify has successfully raised a total of $9.22M across 5 strategic funding rounds. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 5
- Last Round Last Round
- First Round First Round
- Investors Count 9
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Mar, 2024 | Amount | Series A - Accredify | Valuation | Okta Ventures |
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| Apr, 2023 | Amount | Series A - Accredify | Valuation | IGlobe Partners , SIG Venture Capital | |
| Oct, 2021 | Amount | Seed - Accredify | Valuation | Qualgro |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Accredify
Accredify has secured backing from 9 investors, including institutional and venture fund investors. Prominent investors backing the company include Okta Ventures, IGlobe Partners and SIG Venture Capital. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Tech and life Science focused early stage VC firm investing in the US
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Founded Year | Domain | Location | |
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Venture capital firm focused on seed and late stage investments
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Founded Year | Domain | Location | |
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Growth-stage companies are invested in by this venture capital fund.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Accredify
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Accredify
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Accredify Comparisons
Competitors of Accredify
Accredify operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Box, Acquia, PandaDoc, Conga and Automattic, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
AI-based platform for secure collaboration and content management is utilized.
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| domain | founded_year | HQ Location |
AI powered digital experience and customer data management platform
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| domain | founded_year | HQ Location |
Document workflows are automated and managed for sales teams.
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| domain | founded_year | HQ Location |
Contract lifecycle management is facilitated via a cloud-based platform.
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| domain | founded_year | HQ Location |
Automattic is engaged in developing web and messaging solutions.
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| domain | founded_year | HQ Location |
Documents are managed and automated for enterprise knowledge work.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Accredify
Frequently Asked Questions about Accredify
When was Accredify founded?
Accredify was founded in 2018 and raised its 1st funding round 2 years after it was founded.
Where is Accredify located?
Accredify is headquartered in Singapore, Singapore.
Who is the current CEO of Accredify?
Zheng Wei Quah is the current CEO of Accredify. They have also founded this company.
Is Accredify a funded company?
Accredify is a funded company, having raised a total of $9.22M across 5 funding rounds to date. The company's 1st funding round was a Seed of $2M, raised on Jun 01, 2020.
What is the annual revenue of Accredify?
Annual revenue of Accredify is $1.27M as on Dec 31, 2023.
What does Accredify do?
Accredify was founded in 2018 in Singapore. Operations are centered on cloud-based tools for records and document management in the healthcare and public health sectors. Services include document generation, verification, management, and analytics, tailored for providers. The platform supports secure handling of sensitive data across these industries, with a focus on efficiency and compliance.
Who are the top competitors of Accredify?
What products or services does Accredify offer?
Accredify offers TrustTech, Accredify Passport, Document Generation, Document Verification, and Analytics.
Who are Accredify's investors?
Accredify has 9 investors. Key investors include Okta Ventures, IGlobe Partners, SIG Venture Capital, Pavilion Capital Partners, and Qualgro.