Paro Raises $25 Million in Series C

by Kay Aloha Villamor in June 15th, 2023

Paro, a Chicago, Illinois-based AI-powered marketplace that delivers finance and accounting solutions, announced that it raised $25 million in Series C funding to further develop its platform, support freelance experts, and continue its expansion with enterprise clients.

The round was led by Top Tier Capital Partners, with participation from existing investors Madrona Venture Group, Revolution Ventures, and Sierra Ventures. Paro has raised $67 million to date.

The company plans to use the funding to continue accelerating business with existing clients while bringing its proven platform to more enterprises seeking strategic finance and accounting services. 

Paro will also scale its product innovation, including enhancements to its AI-powered suite of tools that help experts optimize their earnings and business outcomes. The company also offers its network of finance experts the tools and insights they need, including marketing, business development, and back-office support, to pursue meaningful work on their terms. 

“The flexibility to tap on-demand experts with specialized financial knowledge within timing and cost constraints is something that every company is looking for right now,” said Anita Samojednik, Paro CEO. “With our consistent focus on attracting the best experts, businesses of all sizes are engaging with our talent model. We help small businesses to large enterprises quickly access flexible and dynamic talent to achieve their goals.”

Company: Paro, Inc. 

Raised: $25.0M

Round: Series C

Funding Month: June 2023

Lead Investors: Top Tier Capital Partners

Additional Investors: Madrona Venture Group, Revolution Ventures, and Sierra Ventures

Company Website:

Software Category: Finance and Accounting Solutions

About the Company: Paro is an AI-powered marketplace that delivers finance and accounting solutions to businesses through a combination of expert fractional talent, data-driven tools, and guiding insights. By harnessing the power of people and technology, its growth platform provides flexible options, ranging from transaction processing support to corporate development and financing strategy, to solve core business challenges and drive growth.


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