Acquired

Parchment Stock

Parchment enables learners, educators, associations and employers to securely send and receive academic credentials online.

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About Parchment Stock

Parchment is a leading education technology company allowing learners, educators and employers to request, verify and share credentials through the most advanced academic credentials management system. The system has helped millions of people and thousands of schools and universities to exchange more than 15 million credentials globally. Founded in 2003, Parchment Inc. is headquartered in Scottsdale, AZ, with offices in Roseville, CA, Denver, CO, Grand Rapids, MI, Toronto, ON and Washington, DC.

Funding History

April 2005$0
January 2011$4.5M
December 2011$6.0M
April 2012$1.6M
March 2014$35.0M
March 2016$12.0M

Management

Senior Vice President of Member Development

Leonard Napolitano

President, Parchment Exchange & Chief Financial Officer

Robert Colletti, C.P.A.

Senior Vice President, Products

Rajeev Arora

VP, Engineering

Robert Langan

CoFounder; former CEO and Chairman: now Director

John Reese

CEO

Matthew Pittinsky

Vice President of Member Operations

Chris Kaschmitter

Vice President of Business Development

Christopher Sheppard

Press

Wall Streets Journal - Sep, 19 2017

College-Search Quandary? There’s an App for That

insidehighered - May, 27 2016

Making Credentials Matter

educationdive - Jul, 31 2015

Parchment sends 20 millionth credential

economist - Sep, 9 2014

Gaming the college system

universitybusiness - Jul, 25 2014

It's electric: Getting started with e-transcripts

universitybusiness - Jul, 25 2014

E-transcripts accelerate in higher ed

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