Accredit Solutions secures $19 million investment from Gresham House Ventures
International software and accreditation experts, Accredit Solutions, has received a $19 million (£10 million) investment from Gresham House Ventures – a growth equity investor specialising in software and digitally driven businesses. The investment was made from Gresham House Ventures’ recently launched institutional private equity fund.
Accredit Solutions provides end-to-end software for the accreditation of all workforce, media, broadcast, athletes, performers and officials at stadiums, live and large-scale events. Its feature-rich platform allows organisations to set levels of personnel security and risk-based data collection while removing pain points for venue owners and event organisers, with tools for data registration and document collection, data review & vetting, automated background checking with external sources, badge printing, access control and tracking.
Sitting at the crossroads of operations, health & safety, security and IT, Accredit Solutions’ platform benefits multiple client departments by streamlining efficiencies and driving increased security to protect against the global terrorism threats to events, making it a mission-critical technology.
An accreditation process is essential for ensuring the security of events, it is increasingly important for event organisers to maintain control over who enters their venues. The Accredit platform supports this need by allowing organisers to authenticate the identities of participants and personnel by capturing and securely storing digital copies of critical documents such as right-to-work, passports, visas, and any necessary certifications, including security licenses. This process helps prevent unauthorised access, ensures the workforce are compliant and qualified, and enhances the overall safety of the event, by ensuring only those accredited are permitted access.
Since its launch in 2017, Accredit Solutions has seen rapid growth, gaining an international reputation as a leading sporting and major event accreditation platform. Its customer base is made up of top sports teams and governing bodies including The Football Association, The German Football Association, International Cricket Council (ICC) and Professional Golf Association (PGA).
It also has a strong presence across the NFL, working with nine teams including the Kansas City Chiefs and San Francisco 49ers. In recent years, the business has also expanded beyond sporting events into other sectors, including music and cultural events such as the Brit Awards as well as high-profile public and corporate events including The Coronation of Their Majesties King Charles III and Queen Camilla, Expo 2020 Dubai and COP28.
The organisation will continue to be led by Chief Executive Peder Berg, and Nicola Greenaway-Fuller COO, and operates globally with team members in nine countries with four offices world-wide. The investment from Gresham House Ventures, led by Greg Blin alongside Trevor Hope, will see an expansion of the Accredit team globally with the team delivering new products in the realm of workforce management and health and safety compliance to the Accredit portfolio and enable further penetration into geographical regions. As part of the deal, Gresham House Ventures venture partner Matt Mead will join Accredit Solutions’ board.
Peder Berg, Chief Executive of Accredit Solutions noted “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. Gresham House recognises security is a top priority for major events, and how accreditation plays a significant role, there are huge opportunities for Accredit Solutions to further support our world-class clients with new cutting-edge technology and increase our footprint to service events of all sizes across the globe. This investment also enables us to build on Accredit’s existing success in new markets over the coming years with supporting products. We look forward to working closely with the Gresham House Ventures team as we continue our growth journey.”
Greg Blin, investment partner at Gresham House Ventures added “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 (CEO) and his team and supporting their expansion plans over the coming years.”
Built with over 20 years of experience, the Accredit platform is the world’s most sophisticated, secure accreditation platforms on the market today. With offices in London, Dubai, North Carolina and Melbourne, Accredit service clients around the world. www.accredit-solutions.com
More on Gresham House Ventures and Gresham House https://www.greshamhouseventures.com
Click here to Accredit Solutions via their entry in the Australasian Leisure Management Supplier Directory.
Image. Credit: Shutterstock.
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