Parchment
Scottsdale, US · Founded 2011 · 3 known investors
Parchment operates a digital credentials platform that enables schools, universities, and employers to issue, verify, and exchange transcripts, diplomas, certificates, and comprehensive learner records. The platform serves educational institutions and employers in managing student credentials and workforce competency assessments across K-12, higher education, and professional sectors globally.
Founders & leadership
MP
Matthew PittinskyExecutive
RC
Robert CollettiinPresident & CFO2018–2020
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
TM
Ted MitchellBoard 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 · 3
by search overlap
Niche15527 shared keywordsNiche Direct Admissions is a college admission platform that allows high school seniors to receive automatic acceptance and scholarship offers from participating colleges based on their Niche profile information, eliminating the need for traditional applications and essays. The service matches student profiles against college-specific criteria set by partner institutions to facilitate direct admissions to U.S. colleges.
The Princeton Review9485 shared keywordsThe Princeton Review provides test preparation, tutoring, and college admissions counseling services to help students prepare for standardized exams (SAT, ACT, MCAT, LSAT, GRE, GMAT) and succeed in the college and graduate school application process.
Testbook8977 shared keywordsTestbook is an online exam preparation platform offering live classes, structured mock test series, and study notes for students preparing for competitive and government exams in India. It provides content in multiple languages along with performance analytics to help students track strengths and weaknesses.
Companies competing with Parchment for the same Google search keywords, organic and paid, via search-intersection analysis.
In the news
Frequently asked questions
- What does Parchment do?
- Parchment operates a digital credentials platform that enables schools, universities, and employers to issue, verify, and exchange transcripts, diplomas, certificates, and comprehensive learner records. The platform serves educational institutions and employers in managing student credentials and workforce competency assessments across K-12, higher education, and professional sectors globally.
- 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.