Certemy, a Los Angeles, CA-based provider of Software-as-a-Service (SaaS) employee compliance and credentialing management software for employers and professional credentialing organizations, today announced the closing of a $9.7 million Series B funding.
The round was led by Numeta Capital and Apis Holdings.
The funds will be used to expand its sales, marketing, and product development efforts targeted at this very large enterprise market opportunity.
"About one-third of all employees require a credential or license to work," said Zorik Gordon, Certemy CEO. "Today, employers do not have an easy way to track, manage, and verify the credentials of their employees. This can often create significant compliance issues for the employer. This funding will allow us to accelerate our ability to provide employers with a leading-edge, SaaS-based solution to solve a very real compliance problem that has historically been solved via disparate spreadsheets and manual processes."
Certemy also announced a new Compliance service offering targeted at enterprise and mid-market employers with large credentialed workforces, expanding upon its existing Credentialing platform that has been targeted at certification and licensing boards.
Company: Certemy, Inc.
Round: Series B
Funding Month: December 2022
Lead Investors: Numeta Capital and Apis Holdings
Company Website: https://www.certemy.com/
Software Category: Employee Compliance and Credentialing Management Software
About the Company: Certemy is a SaaS automation software for workforce compliance, licensing, and certification for employers and professional credentialing organizations. For employers with large credentialed workforces, Certemy's Compliance platform allows enterprises to track, manage, and verify the credentials of their employees. For certification and licensing boards, Certemy's Credentialing platform provides an end-to-end solution allowing those boards to manage their initial application and license renewal workflows via a cutting-edge, SaaS-based platform. The Certemy team has over a hundred years of combined experience working with large credentialing organizations and launching and scaling successful technology companies.