P
Parchment
Enable learners, educators, associations and employers to securely send and receive academic credentials online
About Parchment
Parchment operates as a leading academic credential management platform, specializing in the exchange of transcripts and diplomas. Serving educational institutions, students, and employers, Parchment facilitates the secure and efficient transfer of academic records. The company operates in the education technology market, focusing on credentialing solutions that streamline administrative processes and enhance the student experience. Parchment's business model includes subscription fees from educational institutions and transaction fees for each credential exchanged. This dual revenue stream ensures a steady income while providing value-added services to its clients. The platform also offers additional services such as dual enrollment, course sharing, and transfer articulation, further broadening its market reach.
Source: Dealroom company dataAt a glance
- Status
- Acquired
- Founded
- 2003
- Headquarters
- Scottsdale, United States
- Employees
- 221
- Open positions
- None listed
- Dealroom signal
- 67.3/100
- Industry
- Education, Enterprise Software
- Sector
- Edtech, Analytics, SaaS
- Technology
- Big Data
- Business model
- SaaS
- Client focus
- b2c
- Investment activity
- 4 companies, latest Mar 2023
- Capital deployed
- $1.9M
- Preferred round
- ACQUISITION
Knowledge graph
More headlines
Funding history
Company financing events and reported valuations.
| Deal type | Date | Amount | Valuation | Investors | Source |
|---|---|---|---|---|---|
| ACQUISITIONOther financing | Oct 2023 | $835M | $835M | Instructure | ↗ |
| ACQUISITIONOther financing | Feb 2020 | $0 | — | Brentwood Associates | ↗ |
Growth signals
Latest recorded traffic for Parchment is 6M monthly website visits, up 33.3% over the last three months. Parchment's team declined 15.6% over the past year.
Similar companies
Company identity and context are open; selected comparison metrics preview what is available on the platform.
Investments and acquisitions
Recent portfolio relationships for companies that also act as investors or acquirers.
QuottlyUnited StatesHelping students succeed in their academic pursuits and making life more efficient for institutions of higher learning
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ActiveClassScottsdale, United StatesActiveClass is a social learning platform that maximizes instructor impact and saves time with features like ActiveFeed, ActiveAssignment, and ActiveInsights
→
Vizualize.MeToronto, CanadaVizualize.me: Visualize your resume in one click.
→
MY
MyChancesReno, United StatesParchment - Send Transcripts and Get College Matches
→
Investors
From Dealroom's funding and investor records, grouped by the round each investor first entered.
Series A3 investors entered at this stage
Tech Coast Angels
Matthew Pittinsky
Novak Biddle Venture Partners
Series B and later6 investors entered at this stage
- MCMichael Chasen
Salmon River Capital
Deborah Quazzo
The Raine Group
SuRo Capital
CIBC Capital Partners
Other known investors2 additional known investors
Brentwood Associates
Instructure
Source: Dealroom Talent Intelligence.
Global footprint
team presence
Market sentiment
An AI-synthesised read of the highest-engagement posts about Parchment on X, ranked by likes and reposts, corporate channels excluded.
Reading the room on X — pulling top posts and synthesizing themes…
Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour
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