Asset management group Gresham House Ventures has invested £10M in SaaS platform Accredit Solutions.
Accredit Solutions is an end-to-end software platform which allows their clients to automate and simplify labour intensive tasks, improve operational efficiency and heighten security, alongside simpler data navigation features.
When using the technology, customers can set levels of personnel security and risk-based data collection, with tools for data registration and document collection, data review & vetting, automated background checking with external sources, badge printing, access control and tracking.
Since its launch in 2017, Accredit Solutions has seen rapid growth, gaining an international reputation as a leading sporting and major event accreditation platform and has built a reputation on decreasing the risk of terrorism with its cybersecurity capabilities that can be adapted for the varying risk levels in different industries.
Their offering extends across verticals including consumer, healthcare and service and key clients include The Football Association, International Cricket Council, Professional Golf Association and Kansas City Chiefs.
The investment will be used to drive further expansion and strategic new penetration into the business’s core markets globally. As part of the deal, Gresham House Ventures venture partner Matt Mead will join Accredit Solutions’ board.
Greg Blin, investment partner at Gresham House Ventures, said: “We are hugely impressed by the exceptional client base Accredit Solutions has attracted, which is a testament to the quality of the solution that the business delivers. We believe the business is well placed to capitalise on an attractive global market opportunity especially in a highly interconnected sports and live event industry that relies on word of mouth for solution discovery. We are very excited to be backing Peder Berg and his team and supporting their international expansion plans over the coming years.”
“Gresham House Ventures has an outstanding track record of supporting growing businesses like Accredit Solutions, so we are delighted to have secured this significant investment. There are huge opportunities for Accredit Solutions to build on its existing success in new markets over the coming years, and we look forward to working closely with the Gresham House Ventures team as we continue our growth journey.” said CEO Peder Berg.
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