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Venture Capital News: Paro Scoops Up $25M Series B Financing

2021-07-20
CHICAGO, IL, Paro, a startup disrupting the way companies access on-demand financial expertise, today announced a $25 million Series B funding round.
Paro today announced a $25 million Series B funding round led by Madrona Venture Group, with participation from existing investors Revolution Ventures, Sierra Ventures and KGC Capital. This investment will fuel company growth domestically and position it for future international expansion, as well as propel Paro's investments in its AI-powered professional services marketplace.

Paro provides flexible finance and accounting solutions to businesses via its network of highly vetted freelance experts. Through its proprietary AI-powered platform, Paro precisely matches clients with the best-fit experts to solve problems and drive growth. Its carefully curated expert community provides a range of financial services to clients, from basic bookkeeping and accounting to highly specialized corporate development and strategic advisory. By freeing these professionals from the constraints of traditional employment, Paro empowers them to pursue meaningful work on their own terms while helping clients achieve their business goals.
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