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Paro Raises $25M To Match Freelance Financial Experts With Firms

Jun 14, 2023over 2 years ago

Amount Raised

$25 Million

Chicago

Description

In 2015, Michael Burdick and Dan Wywrot, who’d spent years working at large accounting firms, founded a startup — Paro — to deliver finance and accounting solutions to businesses through a network of freelance talent. They say they were inspired by the lack of flexibility in traditional accounting firms to choose which projects to work on — and when to work.

Company Information

Company

Paro

Location

Chicago, Illinois, United States

About

The company says revenue has tripled since its Series B in Q3 2021 while average client spend has doubled. Meanwhile, freelancers on the platform are on track to bill over $1 million through Paro this year, the company claims. , Paro is the silver bullet that the accounting industry so desperately needs.

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