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Parchment, An Instructure Company logo — Turn Credentials Into Opportunities

Parchment, An Instructure Company

Turn Credentials Into Opportunities

Founded 2003 United States Scottsdale, United States 254 employees Debt Financing Total: $66.05M Big Data, EdTech +2

General Information

Company Name Parchment, An Instructure Company
Founded Year 2003
Location United States Scottsdale, United States
Employees 254
Industries Big Data, EdTech, Education +1
Funding Stage Debt Financing
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About Parchment, An Instructure Company

Parchment is an education technology company founded in 2003 with the slogan "Empowering learners, educators, and employers with seamless credential management, enabling the exchange of millions of academic records worldwide." The platform enables the exchange of over 15 million credentials for millions of people and thousands of educational institutions worldwide. Parchment Inc. operates in the industries of Big Data, EdTech, Education, and SaaS. The last investment of $7.00M through Debt Financing took place on 11 April 2019, led by CIBC Innovation Banking. The company is headquartered in Scottsdale, AZ, with additional offices in Roseville, CA, Denver, CO, Grand Rapids, MI, Toronto, ON, and Washington, DC. Parchment's advanced academic credentials management system caters to the needs of learners, educators, and employers, positioning itself as a significant player in the education technology sector.

Business keywords: education technology, credentials management, academic records, learners, educators, employers, credential exchange, verification system, global credentials exchange, academic institutions, digital credentials, technology company, education records, credential verification, academic credential system

Funding Rounds & Investors (7)

View All
Funding Stage Amount Investors Lead Investors Date
Debt Financing $7.00M 1
CIBC Innovation Banking
CIBC Innovation Banking
11 Apr 2019
Venture Round $12.00M -
01 Mar 2016
Series D $35.00M 4
Novak Biddle Venture Partners Salmon River Capital SuRo Capital
Novak Biddle Venture Partners, Salmon River Capital +2
19 Mar 2014
Series C $1.55M -
10 Apr 2012
Series C $6.00M 4
Novak Biddle Venture Partners Salmon River Capital
Novak Biddle Venture Partners, Salmon River Capital +2
11 Dec 2011
Series B $4.50M 2
Novak Biddle Venture Partners
Novak Biddle Venture Partners, Matthew Pittinsky
21 Jan 2011
Series A Undisclosed 1
Tech Coast Angels
Tech Coast Angels
05 Apr 2005

Parchment, An Instructure Company Alternatives & Competitors

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Parchment, An Instructure Company vs
Accredible
Accredible United States

The world’s leading digital credential platform

Series B
103 employees
EdTech, Education
Compare Parchment, An Instructure Company vs Accredible
Parchment, An Instructure Company vs
Learning Machine
Learning Machine

Issue digital credentials in a blockchain-secured format that is shareable and verifiable anywhere i...

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Parchment, An Instructure Company vs
Scholaro
Scholaro United States

Evaluate educational credentials from any institution in the world.

23 employees
Data Analytics, EdTech
Also compare with: Parchment, An Instructure Company vs TruScholar TruScholar View all alternatives

FAQ About Parchment, An Instructure Company

Turn Credentials Into Opportunities
Parchment, An Instructure Company was founded in 2003.
Parchment, An Instructure Company is headquartered in Scottsdale, United States.
Parchment, An Instructure Company operates in Big Data, EdTech, Education and SaaS. Its work centres on education technology, credentials management, academic records and learners.
Parchment, An Instructure Company has approximately 254 employees.
Parchment, An Instructure Company has completed 7 funding rounds, raising a total of $66.05M. The latest funding stage is Debt Financing.
Top alternatives and competitors to Parchment, An Instructure Company include Accredible, Learning Machine, Scholaro, TruScholar, Acadeum. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
Parchment, An Instructure Company and Accredible are both companies in similar industries. Compare their funding, team size, growth signals, and market position on Bounce Watch to see which one fits your needs.

Source: BounceWatch company record for Parchment, An Instructure Company, https://bouncewatch.com/company/parchment, updated 30 December 2024. When citing, please name BounceWatch and link this page.

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