Parchment

Enable learners, educators, associations and employers to securely send and receive academic credentials online.

Launch date

May 2003

Employees

Market cap

Enterprise valuation

€759m (Public information from Oct 2023)

Scottsdale Arizona (HQ)

Date	Investors	Amount	Round
Apr 2005	Tech Coast Angels	N/A	Series A
Jan 2011	Matthew Pittinsky Novak Biddle Venture Partners	$4.5m	Series B
Dec 2011	Salmon River Capital Matthew Pittinsky Novak Biddle Venture Partners Michael Chasen	$6.0m	Series C
Apr 2012	Salmon River Capital Matthew Pittinsky Novak Biddle Venture Partners Michael Chasen	$1.6m	Series C
Mar 2014	The Raine Group SuRo Capital Deborah Quazzo	$35.0m	Series D
Mar 2016	N/A	$12.0m	Late VC
Apr 2019	CIBC Capital Partners	$7.0m	Debt
Feb 2020*	Brentwood Associates	N/A	Acquisition
Oct 2023*	Instructure	$835m Valuation: $835m	Acquisition
Total Funding		€53.7m