Parchment Overview

  • Year Founded
  • 2003

Year Founded

  • Status
  • Acquired/​Merged

  • Employees
  • 324

Employees

  • Latest Deal Type
  • Buyout/​LBO

  • Financing Rounds
  • 12

  • Investments
  • 9

Parchment General Information

Description

Operator of an online educational record management platform designed to simplify the process of sharing academic credentials online. The company's platform manages the ordering, processing and delivery of student transcriptions for secondary and post-secondary education and facilitates the exchange of credentials, enabling learners, educators and employers to collect, analyze and share credentials in simple and secure ways.

Contact Information

Website
www.parchment.com
Ownership Status
Acquired/Merged
(Operating Subsidiary)
Financing Status
Private Equity-Backed
Corporate Office
  • 7001 North Scottsdale Road
  • Suite 1050
  • Scottsdale, AZ 85253
  • United States
+1 (844)
Primary Industry
Business/Productivity Software
Other Industries
Educational Software
Parent Company
Instructure
Vertical(s)
EdTech
Corporate Office
  • 7001 North Scottsdale Road
  • Suite 1050
  • Scottsdale, AZ 85253
  • United States
+1 (844)

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Parchment Valuation & Funding

Deal Type Date Amount Valuation/
EBITDA		 Post-Val Status Debt

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Parchment Comparisons

Description
Primary
Industry
HQ Location
Employees
Total Raised
Post Valuation
Last
Financing
Details
Operator of an online educational record management platform designed to simplify the process of sharing academic creden
Business/Productivity Software
Scottsdale, AZ
324 As of 2023

Mountain View, CA
 

San Francisco, CA
 
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Parchment Competitors (19)

One of Parchment’s 19 competitors is EdCast, a Private Equity-Backed company based in Mountain View, CA.

Company Name Financing Status Location Employees Total Raised Last Financing Date/Type Last Financing Amount
EdCast Private Equity-Backed Mountain View, CA
Clever Formerly VC-backed San Francisco, CA
LiveSchool Venture Capital-Backed Brentwood, TN
Moodle Formerly Angel backed Perth, Australia
Signifyd Venture Capital-Backed San Jose, CA
You’re viewing 5 of 19 competitors. Get the full list »

Parchment Patents

  • 10

    Total Documents Applications and Grants

  • Total Patents Families

  • 8

    Granted

  • Pending

  • Expiring in next 12 mo

Parchment Recent Patent Activity

Publication ID Patent Title Status First Filing Date Technology (CPC) Citations
US-20150146984-A1 System and method for identification and extraction of data Active 22-Nov-2013
US-20170132464-A1 System and method for identification and extraction of data Active 22-Nov-2013
US-9589183-B2 System and method for identification and extraction of data Inactive 22-Nov-2013
US-9898655-B2 System and method for identification and extraction of data Inactive 22-Nov-2013
US-10055603-B2 Electronic document management and delivery Active 12-Apr-2007 G06F21/6218
To view Parchment’s complete patent history, request access »

Parchment Signals

Growth Rate

Weekly
Growth
Weekly Growth

Size Multiple

Median
Size Multiple

Key Data Points

Similarweb Unique Visitors

Majestic Referring Domains

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Parchment Former Investors

Investor Name Investor Type Holding Investor Since Participating Rounds Contact Info

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Parchment Investments & Acquisitions (9)

Parchment’s most recent deal was a Buyout/LBO with Quottly for . The deal was made on 21-Mar-2023.

Company Name Deal Date Deal Type Deal Size Industry Lead Partner
Quottly 21-Mar-2023 Buyout/LBO Educational Software
NeedMyTranscript 09-Aug-2022 Buyout/LBO Other Commercial Services
Digitary 14-Jul-2022 Buyout/LBO Business/Productivity Software
Scrip-Safe Security Products 31-Mar-2022 Buyout/LBO Printing Services (B2B)
ActiveClass 21-Oct-2021 Seed Round Educational Software
You’re viewing 5 of 9 investments and acquisitions. Get the full list »

Parchment Affiliates

Subsidiaries (3)

Name Industry Location Year Founded
Quottly Gainesville, FL 2015
Digitary Melbourne, Australia 1999
NeedMyTranscript Cincinnati, OH

Parchment FAQs

  • When was Parchment founded?

    Parchment was founded in 2003.

  • Where is Parchment headquartered?

    Parchment is headquartered in Scottsdale, AZ.

  • What is the size of Parchment?

    Parchment has 324 total employees.

  • What industry is Parchment in?

    Parchment’s primary industry is Business/Productivity Software.

  • Is Parchment a private or public company?

    Parchment is a Private company.

  • What is the current valuation of Parchment?

    The current valuation of Parchment is .

  • What is Parchment’s current revenue?

    The current revenue for Parchment is .

  • How much funding has Parchment raised over time?

    Parchment has raised $84.4M.

  • Who are Parchment’s investors?

    AltoTech Ventures, Brentwood Associates, CIBC Bank USA, , and ICG Communications are 5 of 12 investors who have invested in Parchment.

  • Who are Parchment’s competitors?

    EdCast, Clever, LiveSchool, Moodle, and Signifyd are some of the 19 competitors of Parchment.

  • When was Parchment acquired?

    Parchment was acquired on 01-Feb-2024.

  • Who acquired Parchment?

    Parchment was acquired by Instructure.

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