Qualgro portfolio company Accredify, recently raised a successful Series A funding round of USD 7M, led by iGlobe Partners and SIG Venture Capital. Qualgro was a returning investor in their Series A round.
Funds raised in their Series A will allow Accredify to further develop new and improved applications to serve the corporate world. It will also allow them to fuel further international expansion beyond Australia and Singapore, to the wider Asia Pacific region.
As a leading digital verification solutions provider, Accredify has also embarked on a partnership with Singapore’s Accounting and Corporate Regulatory Authority (ACRA) to enable enterprises to safeguard and verify their corporate information products instantly. This partnership demonstrates Accredify’s key role in facilitating the digital transformation of Singapore’s business ecosystem.
The startup’s technology has previously garnered recognition for its pivotal contributions in the fight against COVID-19. They remain the only Web3 tech startup to receive the President’s Certificate of Commendation, awarded for their collaboration with Singapore’s Ministry of Health and Ministry of Manpower during the pandemic.
In the midst of a “tech winter”, Southeast Asian startups with scalable, technologically innovative solutions continue to find strong appetite from global investors. We have been privileged to be part of Accredify’s remarkable journey since leading their Pre-Series A round in 2021 and we are excited to work with the ambitious team on their next chapter of growth.