Tech Company Financing Transactions

Parchment Funding Round

Parchment closed a $23.5 million Series D financing round on 10/17/2012. Investors included The Raine Group, GSV Capital and ICG - Internet Capital Group.

Transaction Overview

Company Name
Parchment
Announced On
10/17/2012
Transaction Type
Venture Equity
Amount
$23,500,000
Round
Series D
Investors

The Raine Group (Lead Investor) (Jeffrey Sine)

GSV Capital

ICG - Internet Capital Group

private investors (Deborah Quazzo)

Novak Biddle Venture Partners (Roger Novak)

Salmon River Capital (Joshua Lewis)

Proceeds Purpose
With more than 9,000 K-12 and postsecondary education institutions and corporations now using Parchment to exchange transcript credentials electronically, the financing will support the company's continued rapid growth.

Company Information

Company Status
Private & Independent
Industry
EdTech
Mailing Address
6263 N. Scottsdale Rd. 330
Scottsdale, AZ 85250
USA
Phone
(480) 719-1646
Website
www.parchment.com
Email Address
[email protected]
Overview
Parchment's mission is to help manage the ordering, processing, and delivery of student records from schools to authorized destinations.
Profile
Parchment LinkedIn Company Profile
Social Media
Parchment Company Twitter Account
Company News
Parchment News
Facebook
Parchment on Facebook
YouTube
Parchment on YouTube

Management Team

Title
Name
Email & Social
Chief Executive Officer
Matthew Pittinsky
  Matthew Pittinsky LinkedIn Profile  Matthew Pittinsky Twitter Account  Matthew Pittinsky News  Matthew Pittinsky on Facebook
Chief Financial Officer
Robert Colletti
  Robert Colletti LinkedIn Profile  Robert Colletti Twitter Account  Robert Colletti News  Robert Colletti on Facebook
VP - Bus. Development
Christopher Sheppard
  Christopher Sheppard LinkedIn Profile  Christopher Sheppard Twitter Account  Christopher Sheppard News  Christopher Sheppard on Facebook
VP - Engineering
Bob Langan
  Bob Langan LinkedIn Profile  Bob Langan Twitter Account  Bob Langan News  Bob Langan on Facebook
VP - Operations
Chris Kaschmitter
  Chris Kaschmitter LinkedIn Profile  Chris Kaschmitter Twitter Account  Chris Kaschmitter News  Chris Kaschmitter on Facebook
VP - Product Management
Rajeev Arora
  Rajeev Arora LinkedIn Profile  Rajeev Arora Twitter Account  Rajeev Arora News  Rajeev Arora on Facebook
VP - Sales
Leonard Napolitano
  Leonard Napolitano LinkedIn Profile  Leonard Napolitano Twitter Account  Leonard Napolitano News  Leonard Napolitano on Facebook

 

 

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