/Companies

Parchment

Scottsdale, US · Founded 2011 · 2 known investors

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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

MPMatthew Pittinsky
Matthew PittinskyExecutive
RC
Robert CollettiPresident & CFO2018–2020

Board

ER
E. Rogers Novak, JrBoard director
VM
Vincent MenichelliBoard director
SJ
S. Joshua LewisBoard director
JS
Jeffrey SineBoard directorGeneral Partner at Raine Venture Partners
JR
John ReeseBoard director
EBEthan Beard
Ethan BeardMember, Board of Directors2014–2020Investor at Piazza Venture Labs
TM
Ted MitchellBoard director

Investors · 2

Reported raises · per SEC filings

Form D private placements

$49.5M disclosed across 3 of 4 rounds · 2012–2017

▶$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
Full filing on SEC EDGAR ↗
▶$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
Full filing on SEC EDGAR ↗
▶$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
Full filing on SEC EDGAR ↗

Source: SEC EDGAR Form D. Amounts as filed; amended filings shown once at their latest values.

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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.
How much funding has Parchment raised?
Parchment has disclosed $49.5M raised across 3 of its 4 known rounds.
Where is Parchment headquartered?
Parchment is headquartered in Scottsdale, US.