Parallel Markets was acquired by iCapital in 2025, and its reusable-identity technology is being folded into iCapital's onboarding platform. If you want accredited investor verification that stays independent of any single marketplace — a CPA-signed letter any 506(c) sponsor accepts, embeddable in your own product — that is what AccreditedNow does.
In 2025, iCapital acquired Parallel Markets, and Parallel Markets' reusable digital-identity technology is being integrated into iCapital's investor onboarding — marketed as the iCapital Investor Passport. Parallel Markets continues to operate; this is an integration into a larger ecosystem, not a shutdown.
That is a good fit for firms building on iCapital. It is less of a fit if you want verification that stays independent — a standalone, CPA-signed letter that any Regulation D sponsor accepts, not a reusable identity tied to one marketplace, and something you can embed in your own platform without an enterprise integration. That independence is the gap AccreditedNow fills.
AccreditedNow's commitments next to the pattern common to identity and onboarding platforms.
| What matters | AccreditedNow | Identity / onboarding platforms (typical) |
|---|---|---|
| What you receive | A standalone CPA-signed letter any 506(c) sponsor accepts, plus a public certificate | A reusable identity/passport, strongest inside its own ecosystem |
| Who signs it | A named, licensed CPA — signature, license number, and firm on the letter | Platform-managed review; the individual signer is often not named |
| Independence | Independent of any deal marketplace or fund platform | Often part of, or being folded into, a larger investment platform |
| Platform integration | Copy-paste Verify badge or co-branded link, a verification webhook, and a lightweight API on request | Typically an enterprise integration |
| Price | $99 for individuals, published · entities from $199 | Enterprise / varies |
| Turnaround | Typically within 24 hours · optional 6-hour rush | Varies |
| Investor documents | Seen only by the assigned CPA · never sold or shared · deleted after 90 days | Retention and handling vary |
| Investor onboarding (identity + AML) | Free, optional add-on on every verification — identity verification (government ID + selfie) plus sanctions and PEP screening (OFAC + global watchlists), alongside the CPA letter. Individuals add it in one click at no extra charge; sponsors can cover it for a whole raise via seat packs | Identity is the core product; accreditation and AML packaging vary by tier |
Every provider is different and details change — confirm current specifics with each service. The right column describes common industry patterns, not any one company.
Add CPA-signed verification to your product without sending investors off to a separate ecosystem.
Copy-and-paste HTML you can add to any page today — no engineering, no account setup. Investors verify in a flow branded to you.
Send investors a link branded to your platform. Every verification is tagged to you, so you can track who is verified.
Get notified when a referred investor is verified, and connect more deeply with a lightweight API available on request.
CPA-signed accredited investor letters your sponsors accept — embeddable via badge, co-branded link, or webhook, from $99.
See platform optionsSee how we compare to other verification services
AccreditedNow vs VerifyInvestor · AccreditedNow vs InvestReady · AccreditedNow vs Accredd · AccreditedNow vs Accredited.AM · Full comparison table