Paro logo — Harnessing the power of people and technology to empower bus...

Paro

Harnessing the power of people and technology to empower businesses and professionals to go beyond.

Founded 2015 United States Chicago, United States 243 employees Series C Total: $68.50M AI, Finance +1

General Information

Company Name Paro
Founded Year 2015
Location United States Chicago, United States
Employees 243
Industries AI, Finance, Financial Services
Funding Stage Series C
Social

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About Paro

Paro is an AI-powered marketplace offering finance and accounting solutions to businesses through a combination of expert fractional talent, data-driven tools, and guiding insights. With the aim of empowering businesses and professionals to surpass their goals, the company provides flexible options, ranging from transaction processing support to corporate development and financing strategy. Despite being a remote-first company, Paro emphasizes time together, operating a virtual-first hybrid model that fosters virtual and in-person connections among employees. The company's inclusive hiring approach spans several states across the United States, promoting diversity, equity, and inclusion while focusing on mental health and employee well-being. In its most recent milestone, the company secured a $25.00M Series C investment on 14 June 2023 from prominent investors including Madrona, Top Tier Capital Partners, Sierra Ventures, and Revolution Ventures. Through its innovative approach and strong investor support, Paro has demonstrated its potential for sustainable growth and impact within the AI, Finance, and Financial Services industries since its establishment in 2015.

Taxonomy: AI-powered marketplace, Finance and accounting solutions, Fractional talent, Remote-first company, Virtual-first hybrid model, DEI, Mental health, Talent community, Strategic advisory, CFO services, Financial planning & analysis, Business systems & process, Corporate development, Fundraising support, Data visualization

Funding Rounds & Investors (7)

View All
Funding Stage Amount Investors Lead Investors Date
Series C $25.00M 4
Madrona, Top Tier Capital Partners +2
14 Jun 2023
Series B $25.00M 7
Madrona, Sierra Ventures +5
20 Jul 2021
Series A $2.00M 1
Sierra Ventures
07 Jan 2021
Series A $10.00M 6
Revolution, Sierra Ventures +4
26 Sep 2019
Debt Financing $1.50M 1
Square 1 Bank
02 Oct 2018
Seed Round $5.00M 4
Global Founders Capital, Revolution +2
05 Mar 2018
Convertible Note Undisclosed 1
FJ Labs
28 Mar 2017

Paro Alternatives & Competitors

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FAQ About Paro

Harnessing the power of people and technology to empower businesses and professionals to go beyond.
Paro was founded in 2015.
Paro is headquartered in Chicago, United States.
Paro operates in AI, Finance and Financial Services. Its work centres on AI-powered marketplace, Finance and accounting solutions, Fractional talent and Remote-first company.
Paro has approximately 243 employees.
Paro has completed 7 funding rounds, raising a total of $68.50M. The latest funding stage is Series C.
Top alternatives and competitors to Paro include Graphite, Hiline, CFPro Ltd. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
Paro and Graphite 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 Paro, https://bouncewatch.com/company/paro-1, updated 30 December 2024. When citing, please name BounceWatch and link this page.

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