STREET CRED: Credly, a New York-based digital credentialing platform, has raised an $11.1 million Series A round. Investors included ZOMA Capital, Strada Education Network, New Markets Venture Partners, University Ventures, Pearson, Lumina Foundation and Lion Brothers Co.
Credly allows users to create digital credentials, issue them, and then for earners to share the earned credential on social media. The company also provides analytics on how many credentials have been issued, accepted and shared.
The company now has total funding of $18.2 million, according to a statement Wednesday. That includes a $4.6 million round in 2017 and $2.5 million round in 2016. Credly users include the State University of New York system, Colorado Community College system, IBM and Oracle.
Founded in 2012, Credly bought Pearson’s badging business Acclaim last year.
