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Parchment is a company that provides a secure and reliable end-to-end credentials support. It is the largest credential exchange in the world and offers a platform for higher education credential issuing, admissions, and enrollment.

parchment.comLinkedInUpdated Dec 19, 2024
Annual revenue
$44.5M
Oct 2024EST.
Total raised
$66.1M
6 rounds
Employees
251
Dec 2024
Customers
10K

Parchment Inc. revenue

Parchment Inc. has not published its revenue. GetLatka estimates it at about $44.5M a year (October 2024).

$0
$20M
$40M
$17.8M
–
$26.5M
$44.5M
2021202220232024
ReportedEstimateOne figure per year; a reported figure wins over an estimate
All 3 revenue readings, with sources
As ofRevenueSource
Apr 2021$17.8M–
Oct 2023$26.5MEST.GetLatka estimate
Oct 2024$44.5MEST.GetLatka estimate

– source not recorded

Parchment Inc. funding rounds & investors

Parchment Inc. has raised $66.1M across six rounds since 2011. The latest was a $7M funding round in April 2019.

DateRoundRaised
Apr 2019Funding round$7M
Mar 2016Funding round$12M
Mar 2014Funding round$35M
Apr 2012Funding round$1.6M
Dec 2011Funding round$6M
Jan 2011Funding round$4.5M
Total raised$66.1M

Parchment Inc. CEO, founders & employees

Matthew Pittinsky founded Parchment Inc. in 2003 and runs it as CEO. Parchment Inc. had 251 employees (December 2024, LinkedIn), down from 336 a year earlier.

0
100
200
300
271
308
336
251
2021202220232024
ReportedOne figure per year; a reported figure wins over an estimate
All 6 headcount readings, with sources
As ofEmployeesSource
Dec 2024251LinkedIn
Oct 2024336LinkedIn
Oct 2023336LinkedIn
Oct 2022308LinkedIn
Dec 2021271LinkedIn
Apr 2021212–

Parchment Inc. FAQ

What is Parchment Inc.'s revenue?

GetLatka estimates Parchment Inc.'s revenue at about $44.5M a year (October 2024). The company hasn't published its own figure.

How much funding has Parchment Inc. raised?

Parchment Inc. has raised $66.1M across six funding rounds. The latest was a $7M funding round in April 2019.

How many employees does Parchment Inc. have?

Parchment Inc. had 251 employees in December 2024, according to LinkedIn.

Who is the CEO of Parchment Inc.?

Matthew Pittinsky is the CEO of Parchment Inc. and founded the company in 2003.

Who founded Parchment Inc.?

Matthew Pittinsky founded Parchment Inc. in 2003.

How this page is sourced

5 from public sources · 2 estimates. Founder figures link to the second they were said; public figures name their source; estimates are marked EST. and say whose they are. Not financial advice.

Updated Dec 19, 2024Data disclaimerReport a correctionClaim this profileRun Parchment Inc.? Join the podcast