Parchment's mission is to unleash education credentials by unlocking the critical data they embody. A credentials data company, Parchment works with institutions and corporations around the world helping people collect, promote, and share their education credentials in simple and secure ways. At Parchment.com, students can research colleges and discover their chances of admission, see how they compare with peers, get college recommendations, and send official transcripts when they are ready to apply. The company's Software-as-a-Service (SaaS) offering, Docufide® by Parchment™, is the leading transcript exchange and intelligence platform. The solution enables the secure, rapid exchange of millions of electronic transcripts and other student records among nearly 9,000 schools and universities, six state education agencies, and hundreds of thousands of individuals. Founded in 2003, Parchment Inc. is a venture-backed company headquartered in Scottsdale, Ariz., with offices in Los Angeles, Calif.
| Date | Amount | Type | Investors | Valuation |
|---|---|---|---|---|
| 02/15/12 | $6,000,000 | Series C |
Michael Chasen | undisclosed |
| 10/18/12 | $23,500,000 | Series D |
Deborah Quazzo Sutter Rock Capital The Raine Group | undisclosed |
