Parchment
Scottsdale, US · Founded 2011 · 3 known investors
Parchment operates a digital credential management platform that enables learners, schools, higher education institutions, and employers to issue, request, verify, and exchange transcripts, diplomas, digital badges, and other credentials. The platform serves K-12 districts, higher education institutions, state agencies, employers, and professional organizations across six countries.
EdTechSaaS
Founders & leadership
MP
Matthew PittinskyExecutive
RC
Robert CollettiExecutive
TM
Ted MitchellNamed on SEC filing
Board
ER
E. Rogers Novak, JrBoard director
VM
Vincent MenichelliBoard director
SJ
S. Joshua LewisBoard director
JS
Jeffrey SineBoard director
JR
John ReeseBoard director
EB
Ethan BeardBoard director
Investors · 3
Reported raises · per SEC filings
Form D private placements$49.5M disclosed across 3 rounds · 2012–2017
▶$2.5MraisedApr 2017 · 3 investors · Other TechnologyRule 506(b)
▶$2.5MraisedApr 2017 · 3 investors · Other Technology
Rule 506(b)Officers, directors & promoters on the filing
- Vincent MenichelliDirector
- S. Joshua LewisDirector
- John ReeseDirector
- Jeffrey SineDirector
- Matthew PittinskyExecutive Officer, Director
- Robert CollettiExecutive Officer
- E. Rogers Novak, JrDirector
- Ethan BeardDirector
- Offering amount
- $5M
- Amount sold
- $2.5M
- First sale
- Apr 2017
- Incorporated
- Corporation, Delaware
- Federal exemptions
- 06b
▶$12MraisedMar 2016 · 6 investors · Other TechnologyRule 506(b)
▶$12MraisedMar 2016 · 6 investors · Other Technology
Rule 506(b)Officers, directors & promoters on the filing
- Matthew PittinskyExecutive Officer, Director
- E. Rogers Novak, JrDirector
- Vincent MenichelliDirector
- S. Joshua LewisDirector
- Jeffrey SineDirector
- Robert CollettiExecutive Officer
- John ReeseDirector
- Ethan BeardDirector
- Offering amount
- $12M
- Amount sold
- $12M
- First sale
- Mar 2015
- Incorporated
- Corporation, Delaware, 2011
- Federal exemptions
- 06b
▶$35MraisedJan 2014 · 10 investors · Other TechnologyRule 506(b)
▶$35MraisedJan 2014 · 10 investors · Other Technology
Rule 506(b)Officers, directors & promoters on the filing
- John ReeseDirector
- Matthew PittinskyExecutive Officer, Director
- Jeffrey SineDirector
- Vincent MenichelliDirector
- Robert CollettiExecutive Officer
- E. Rogers Novak, JrDirector
- S. Joshua LewisDirector
- Ted MitchellDirector
- Offering amount
- $35M
- Amount sold
- $35M
- First sale
- Oct 2012
- Incorporated
- Corporation, Delaware, 2011
- Federal exemptions
- 06b
Source: SEC EDGAR Form D. Amounts as filed; amended filings shown once at their latest values.
Competitors · 2
by search overlapNiche15527 shared keywordsNiche operates a platform that helps students and families research and compare K-12 schools, colleges, and grad schools using data, rankings, and user reviews to find schools that fit their preferences. It offers tools to organize school searches and a Direct Admissions feature that lets colleges accept students based on their Niche profile, and partners with schools to connect with prospective students.
The Princeton Review9485 shared keywordsThe Princeton Review provides test preparation and tutoring services for students preparing for standardized tests such as the SAT, along with college admissions guidance and AI-based learning tools for essay counseling and homework feedback. It serves students seeking to improve test scores and navigate the college admissions process.
Companies competing with Parchment for the same Google search keywords, organic and paid, via search-intersection analysis.
Frequently asked questions
- What does Parchment do?
- Parchment operates a digital credential management platform that enables learners, schools, higher education institutions, and employers to issue, request, verify, and exchange transcripts, diplomas, digital badges, and other credentials. The platform serves K-12 districts, higher education institutions, state agencies, employers, and professional organizations across six countries.
- Who are Parchment's investors?
- Parchment's investors include Lumos Capital Group, Novak Biddle Venture Partners, Raine Venture Partners.
- How much funding has Parchment raised?
- Parchment has disclosed $49.5M raised across 3 rounds.
- Where is Parchment headquartered?
- Parchment is headquartered in Scottsdale, US.