Paro: Funding, Investors & Team (Oct 2026)
Paro is a marketplace that combines AI technology and skilled professionals to provide finance and accounting solutions to businesses. Our platform offers a range of options, from transaction processing to corporate development, aimed at solving business challenges and driving growth. Through a combination of people and technology, we help businesses and experts exceed their highest goals. Paro is a company that operates remotely but also emphasizes the importance of in-person interactions. We have shown that despite working from different locations, we can still achieve great results. Our hybrid model allows employees to connect virtually and participate in events related to diversity, equity, and inclusion, mental health, and enjoyable activities. We also organize training sessions, collaboration opportunities, innovation initiatives, networking events, and social gatherings a few times a year to support our ambitious plans and strengthen our teams. Currently, we hire from several states, including AZ, FL, IL, IN, MI, NJ, NV, NY, OH, PA, SC, TX, and WA.
Paro has raised $25.0M across 1 funding round on record, the most recent a Series C of $25.0M announced in Jun 2023.
That round is above the $6.0M median round size for Artificial Intelligence companies tracked on FundedIQ over the last two years.
Paro Company Profile and Key Stats
Latest funding round on record: Jun 2023.
Paro Funding Rounds
Paro Founders and Leadership Team
Contact details for the Paro team: 1 of 1 has an email address on file.
Start 14-day free trial →Paro Funding Compared to Other Artificial Intelligence Startups
Paro's latest round of $25.0M is above the median round in Artificial Intelligence. Medians cover the last 24 months of disclosed rounds.
Funded Startups Like Paro in Artificial Intelligence and Chicago
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Paro Funding FAQs
What does Paro do?
Paro is a marketplace that combines AI technology and skilled professionals to provide finance and accounting solutions to businesses. Our platform offers a range of options, from transaction processing to corporate development, aimed at solving business challenges and driving growth. Through a combination of people and technology, we help businesses and experts exceed their highest goals. Paro is a company that operates remotely but also emphasizes the importance of in-person interactions. We have shown that despite working from different locations, we can still achieve great results. Our hybrid model allows employees to connect virtually and participate in events related to diversity, equity, and inclusion, mental health, and enjoyable activities. We also organize training sessions, collaboration opportunities, innovation initiatives, networking events, and social gatherings a few times a year to support our ambitious plans and strengthen our teams. Currently, we hire from several states, including AZ, FL, IL, IN, MI, NJ, NV, NY, OH, PA, SC, TX, and WA.
How much funding has Paro raised?
Paro has raised $25.0M across 1 round on record. The most recent is a Series C of $25.0M announced in Jun 2023.
When did Paro last raise funding?
Paro's most recent funding round on record is a Series C of $25.0M, announced in Jun 2023.
Who founded Paro?
FundedIQ lists Michael Burdick (Founder) at Paro.
Where is Paro headquartered?
Paro is based in Chicago, Illinois, United States.
How many employees does Paro have?
Paro is in the 101-250 employee band.
How does Paro's funding compare to other Artificial Intelligence startups?
Paro's latest round of $25.0M is above the $6.0M median round size for Artificial Intelligence companies on FundedIQ across 7,243 tracked companies over the last two years.
About FundedIQ's Paro Funding Data
FundedIQ tracks announced funding rounds and refreshes this profile every week. Round dates, stages and amounts are normalised to a single format, converted to US dollars, and de-duplicated: two records of the same round announced days apart are merged, and two genuinely different rounds are kept apart on the amounts they disclose. Amounts shown are the disclosed figures only — a round announced without a number is listed and excluded from the total rather than estimated.
Employee counts are reported bands, not exact headcounts. Founder and executive names carry the job title on record. Anything we do not hold for Paro is left off this page rather than filled in.
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