Technology startup ZippedScript has successfully raised $3.15 million in funding to further its mission of modernizing the way credentials are verified globally. This financial boost comes from two rounds of funding: a $750,000 pre-seed investment in December 2021 and a $2.4 million seed round in Summer 2023. Backed by investors such as Arcanum Capital, Right Side Capital, New Stack Ventures, and Work-Bench, ZippedScript is set to expand its innovative technology platform that already hosts over 20 million pre-verified degrees.
CEO Chris Harper emphasized the company's commitment to transforming an industry plagued by slow and outdated verification methods. ZippedScript's solution promises to deliver speed, accuracy, affordability, and global coverage, setting a new standard for credential verification. With plans to extend its services into employment verification by 2025, the startup is addressing significant challenges in the hiring process. Through the development of intelligent APIs and a focus on digital identity technologies, ZippedScript is paving the way for a more efficient and reliable system for authenticating and sharing professional credentials.
The successful funding rounds, particularly during a period of volatility in the technology sector, reflect strong investor confidence in ZippedScript's innovative approach. This investment not only supports the company's growth but also underscores the importance of modernizing credential verification processes to meet the demands of today's fast-paced and interconnected world.
