MyPass, a Sydney-based platform specializing in worker onboarding, compliance, and credential management, has raised $7.5 million in a Series A funding round. The investment was led by venture capital firm OneVentures and will support the company’s expansion across North and South America while accelerating product development.
Previously, MyPass secured an undisclosed seed round from ASX-listed Scalare Partners in 2020.
With over 1,300 companies using its platform, MyPass helps manage credentials for more than 110,000 contractors worldwide. Last year alone, approximately 350 companies adopted the system.
The MyPass Skills Passport streamlines workforce compliance by allowing workers to manage their own training and credentials. The platform is particularly beneficial for industries with stringent compliance requirements, including mining, energy, construction, manufacturing, and healthcare.
Founder and CEO Matt Smith emphasized the platform’s role in improving workforce competency assurance.
“The digital and portable Skills Passport enables workers to maintain control over their qualifications and credentials while ensuring data privacy and security,” he said.
The platform connects multiple stakeholders, including workers, site owners, suppliers, training institutions, and industry bodies, through a centralized system.
Headquartered in Sydney, MyPass operates across Chile, Canada, and the U.S., with teams in the Philippines, India, and Colombia.
OneVentures partner Bevin Shields highlighted the company’s growing influence, noting that several major global firms rely on the platform.
“MyPass has demonstrated strong financial growth with an expanding customer base while maintaining a capital-efficient scaling strategy,” he said.
If you are a proptech company and want to promote your products for free, go to proptechbuzz.com and submit your products. For investors or proptech buyers, sign up on our platform to stay informed about exciting updates and trends in the Proptech Ecosystem.
Explore more Proptech news at proptechbuzz.com/news, for news tips and promotions, reach out to marketing@proptechbuzz.com.
By Proptechbuzz
By Ravi Kumar