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Accredit Solutions raised £10M from Gresham House to drive further expansion and strategic new penetration into the business’s core markets globally.

May 08, 2024over 1 year ago

Amount Raised

£10 Million

BrixtonEvents Services

Investors

Gresham House Ventures

Description

Gresham House Ventures has invested £10M in SaaS platform Accredit Solutions to drive further expansion and strategic new penetration into the business’s core markets globally.

Company Information

Company

Accredited Solutions

Location

374 Coldharbour Lane

Brixton, England, United Kingdom

About

The Company changed its name from Good Hemp, Inc. to Accredited Solutions, Inc., effective July 12, 2022. With the recent acquisition of Petro X Solutions, Inc., the Company has shifted its business focus to fossil fuel clean-up products (PetroXstreamTM and EnviroXstreamTM) and services; technologies involved in packaging, distributing, and using electricity in all energy segments; micro-grid design that integrates alternative energy sources and construction; micro-grid control software development; energy storage systems; power system integration and distribution; and growing an internal sales organization to drive sales of products and services. Additionally, the Company's Diamond Creek brand of ionized 9.5pH high alkaline spring water continues to be produced from the highest quality, award-winning springs in Ohio, Pennsylvania and Tennessee, and is sold in over 1,000 retail locations and online. Visit www.diamondcreekwater.com for more information. Safe Harbor Statement This current press release contains "forward-looking statements," as that term is defined in Section 27A of the United States Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934. Statements in this press release which are not purely historical are forward-looking statements and include any statements regarding beliefs, plans, expectations or intentions regarding the future, including, but not limited to, any products sold or cash flow from operations. Actual results could differ from those projected in any forward-looking statements due to numerous factors. Such factors include, among others, the inherent uncertainties associated with distribution and difficulties associated with obtaining financing on acceptable terms. These forward-looking statements are made as of the date of this news release, and we assume no obligation to update the forward-looking statements, or to update the reasons why actual results could differ from those projected in the forward-looking statements. Although we believe that the beliefs, plans, expectations and intentions contained in this press release are reasonable, there can be no assurance that such beliefs, plans, expectations or intentions will prove to be accurate. Investors should consult all of the information set forth herein and should also refer to our most recent annual report for our last fiscal year, our quarterly reports, and other periodic reports filed from time-to-time with the Securities and Exchange Commission.

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Funding Insights

Based on industry data
VC-backed spending patterns
VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers
Tech investment trends
83% of B2B companies plan digital investments, with 79% prioritizing customer experience tech