# Paro funding: rounds and investors > Paro has raised $15M across 3 rounds since 2018. Investors include Mark Fernandes, Alumni Ventures and FJ Labs. Every round with its source. Source: https://millionrounds.com/company/paro (Millionrounds; every figure on the page links to its filing or article) United States · [Venture startup](https://millionrounds.com/companies) # Who invested in *Paro* 3 rounds we have observed, with the 9 investors named in them. Every figure came from a named source, and where the company reported a raise to the SEC itself, that is shown beside it. Professional Services Funding summary Updated 26 Oct 2026 **$15M** raised across 3 rounds since 2018, from 3 sources **$5.0M** Series A **$10M** Series A - **Latest round:** Venture Mar 2025 - **Biggest round:** $10M Series A · Sept 2019 - **Investors:** 9 (1 led) See who backed them ## The funding story Each circle is a round, placed by date and sized by amount. The line above is the running total. 2018 2019 2020 2021 2022 2023 2024 2025 **$5.0M** Series A **$10M** Series A **?** Venture - **First round:** Series A, $5.0M - **Biggest round:** $10M - **Usual gap between rounds:** 5.4 years ## The rounds - **Mar 2025** Venture **Amount undisclosed** *4 new* [Alumni Ventures](https://millionrounds.com/fund/us-strategic-tech-fund-an-alumni-ventures-fund) [FJ Labs](https://millionrounds.com/fund/fj-labs) [Madrona Venture Group](https://millionrounds.com/fund/madrona) [Sierra Ventures](https://millionrounds.com/fund/sierra-ventures) Source recorded - **Sept 2019** Series A **$10M** *3 new* Mark Fernandes Lead [Revolution](https://millionrounds.com/fund/revolution) [KGC Capital](https://millionrounds.com/fund/kgc-capital) Reported by TechCrunch - **Mar 2018** Series A **$5.0M** *2 new* [Tom Williams](https://millionrounds.com/fund/tom-williams) Revolution Ventures/ Global Founders Reported by FinSMEs ## Founders and team From Paro's own website: 5 on the team. - **Anita Samojednik** Chief Executive Officer - **Eli Gill** Chief Technology Officer - **Michael Burdick** Chief Strategy Officer - **Saum Mathur** Chief Operating Officer - **Emily Schmitt** VP, Marketing ## Who was in which round The busiest backers across the latest rounds. A filled square is a round they joined; a dark one, a round they led. **Series A** 2018 **Series A** 2019 **Venture** 2025 Mark Fernandes L [Alumni Ventures](https://millionrounds.com/fund/us-strategic-tech-fund-an-alumni-ventures-fund) [FJ Labs](https://millionrounds.com/fund/fj-labs) [Madrona Venture Group](https://millionrounds.com/fund/madrona) [Sierra Ventures](https://millionrounds.com/fund/sierra-ventures) [Revolution](https://millionrounds.com/fund/revolution) [KGC Capital](https://millionrounds.com/fund/kgc-capital) [Tom Williams](https://millionrounds.com/fund/tom-williams) Revolution Ventures/ Global Founders ## Everyone who backed them Mark Fernandes no record of our own yet **1** round, led 1 [Alumni Ventures](https://millionrounds.com/fund/us-strategic-tech-fund-an-alumni-ventures-fund) VC firm **1** round [FJ Labs](https://millionrounds.com/fund/fj-labs) VC firm **1** round [Madrona Venture Group](https://millionrounds.com/fund/madrona) VC firm **1** round [Sierra Ventures](https://millionrounds.com/fund/sierra-ventures) VC firm **1** round [Revolution](https://millionrounds.com/fund/revolution) VC firm **1** round [KGC Capital](https://millionrounds.com/fund/kgc-capital) VC firm **1** round [Tom Williams](https://millionrounds.com/fund/tom-williams) Angel **1** round Revolution Ventures/ Global Founders no record of our own yet **1** round Missing a round, or an investor who was in one? [Tell us](https://millionrounds.com/corrections?slug=paro). ## Also claim to have backed them This firm lists Paro as a portfolio company on their own website, but no report of a round names it. They are the firms' own claims, kept apart from the rounds above. [Transform Capital](https://millionrounds.com/fund/transform-capital) Private equity Per its own site ## Quick answers about Paro ### Who invested in Paro? Paro's investors include Mark Fernandes, Alumni Ventures, FJ Labs, Madrona Venture Group and Sierra Ventures, and 4 more on record. ### How much has Paro raised? Paro has raised $15M across 3 rounds since 2018. One round did not disclose an amount, so the total is a floor. ### When did Paro last raise? Paro's most recent round was a Venture in Mar 2025. ### What was Paro's biggest round? Paro's largest round on record is $10M (Series A), in Sept 2019, led by Mark Fernandes. ### Who backed Paro first? Paro's first round on record, in Mar 2018, was backed by Tom Williams and Revolution Ventures/ Global Founders. ### What stage is Paro at? Paro's latest named round is a Venture, in Mar 2025. ### Where is Paro based? Paro is based in the United States. ### Who led Paro's rounds? Mark Fernandes led the Series A in 2019. ## Companies like Paro In the same sector, and raised in the last eighteen months. [**Gradient** $24M · Oct 2026](https://millionrounds.com/company/gradient)[**Qualitate** $32M · Oct 2026](https://millionrounds.com/company/qualitate)[**Platform Accounting Group** $355M · Oct 2026](https://millionrounds.com/company/platform-accounting-group)[**Remitian** $27M · Oct 2026](https://millionrounds.com/company/remitian)[**Fortastra** $38M · Oct 2026](https://millionrounds.com/company/fortastra)[**Confido** $82M · Sept 2026](https://millionrounds.com/company/confido) ## Find investors like these Search every investor by what they have actually funded, then narrow to your stage and market. Free. Open the investor searchOr these rounds in the app