About Credly
Credly is a company based in New York (United States) founded in 2012 was acquired by Pearson in January 2022.. Credly has raised $18.21 million across 3 funding rounds from investors including Pearson, Lumina Foundation and Avery Dennison Apparel Solutions. The company has 81 employees as of December 31, 2022. Credly offers products and services including Digital Credentials, Workforce Insights, Strategic Workforce Planning, and Candidate Assessment. Credly operates in a competitive market with competitors including Basno, CritterCoin, Navigatr, Badge List and Discobolo, among others.
- Headquarter New York, United States
- Employees 81 as on 31 Dec, 2022
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Sectors
Education
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Phone
*********
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Website
*********
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Social
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- Legal Name Credly, Inc.
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Products & Services of Credly
Credly offers a comprehensive portfolio of products and services, including Digital Credentials, Workforce Insights, Strategic Workforce Planning, and Candidate Assessment. 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.
System for issuing and verifying digital badges for achievements.
Provides data on employee skills for better workforce planning.
Identifies future skills needs and learning paths for employees.
Offers insights into candidate abilities and personality traits.
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Funding Insights of Credly
Credly has successfully raised a total of $18.21M across 3 strategic funding rounds. The most recent funding activity was a Series A round of $11.11 million completed in April 2019. 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 3
- Last Round Series A — $11.1M
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First Round
First Round
(15 Mar 2016)
- Investors Count 10
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Apr, 2019 | Amount | Series A - Credly | Valuation | Strada Education Network , ZOMALAB | |
| Aug, 2017 | Amount | Series A - Credly | Valuation | New Markets Venture Partners | |
| Mar, 2016 | Amount | Seed - Credly | Valuation | New Markets Venture Partners , Achieve Partners |
| 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 Credly
Credly has secured backing from 10 investors, including institutional and venture fund investors. Prominent investors backing the company include Pearson, Lumina Foundation and Avery Dennison Apparel Solutions. 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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Technology companies are funded by this venture capital firm.
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Founded Year | Domain | Location | |
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Venture capital firm focused on tech sectors
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Founded Year | Domain | Location | |
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Early-stage investments and growth strategies are provided by LionsBrothers.
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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 Credly
| 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 - Credly
| 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 |
Credly Comparisons
Competitors of Credly
Credly 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 Basno, CritterCoin, Navigatr, Badge List and Discobolo, 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 |
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| domain | founded_year | HQ Location |
Skills are recognized via online badges and certificates.
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| domain | founded_year | HQ Location |
Digital platform rewarding student behavior through coins, houses, and rewards in schools.
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| domain | founded_year | HQ Location |
Digital badges are created and issued through an online platform.
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| domain | founded_year | HQ Location |
Learning portfolio management platform
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| domain | founded_year | HQ Location |
Platform for issuing and managing digital certificates, diplomas, and badges securely.
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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 Credly
Frequently Asked Questions about Credly
When was Credly founded?
Credly was founded in 2012 and raised its 1st funding round 4 years after it was founded.
Where is Credly located?
Credly is headquartered in New York, United States. It is registered at New York, New York, United States.
Is Credly a funded company?
Credly is a funded company, having raised a total of $18.21M across 3 funding rounds to date. The company's 1st funding round was a Seed of $2.5M, raised on Mar 15, 2016.
How many employees does Credly have?
As of Dec 31, 2022, the latest employee count at Credly is 81.
What does Credly do?
Credly was founded in 2012 in New York, United States, as a platform in the education technology sector focused on digital credentials. Badges and credentials are created, verified, shared, and managed through customizable tools for institutions. Profiles are built by users to display earned badges, with operations supported by a subscription model. The service is accessible on iOS devices, serving verification needs across educational and professional contexts.
Who are the top competitors of Credly?
Credly's top competitors include Basno, Navigatr and Badge List.
What products or services does Credly offer?
Credly offers Digital Credentials, Workforce Insights, Strategic Workforce Planning, and Candidate Assessment.
Who are Credly's investors?
Credly has 10 investors. Key investors include Pearson, Lumina Foundation, Avery Dennison Apparel Solutions, Strada Education Network, and New Markets Venture Partners.
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