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§ Private Profile · Chicago, IL, USA
Paro is a technology company.
Paro operates an AI-powered growth platform connecting businesses with a curated network of finance and accounting professionals. It leverages advanced technology and personalized matching to provide on-demand access to vetted fractional talent. The company enables organizations to efficiently address diverse financial needs, from strategic CFO services to specialized accounting, integrating expert capabilities without traditional hiring.
Michael Burdick founded Paro in 2015, driven by an insight into the evolving work landscape and demand for flexible financial expertise. After his career at Deloitte, Burdick recognized remote collaboration's potential in financial services. His vision empowers skilled finance experts with fulfilling work on their terms while providing businesses with scalable access to top-tier talent.
Businesses across industries leverage Paro's platform to optimize financial operations and strategic planning. Professionals find flexible, meaningful engagement opportunities. Paro’s long-term vision defines a more efficient, collaborative future for work, fostering sustainable success for businesses and independent talent to achieve goals.
Paro has raised $72.3M across 6 funding rounds.
Paro has raised $72.3M in total across 6 funding rounds.
Paro is an AI-powered marketplace that connects businesses with vetted fractional finance and accounting experts, offering flexible solutions from transaction processing to strategic financing via data-driven tools and insights.[1][2][3] It serves companies across 60+ industries needing to fill skill gaps, boost efficiency, and scale, solving core challenges like busy season rushes, decision-making, and operational productivity without full-time hires.[1][4] With $63.3M in total funding including a recent $25M round, Paro operates remotely-first from states like AZ, FL, IL, and others, employing 201-500 people and empowering 71% of independent professionals who freelance exclusively.[1][2][3]
Founded in 2015, Paro emerged to empower finance professionals with flexible, meaningful work while helping businesses access expertise on demand, evolving from a matching service into an AI-driven growth platform.[2] CEO Anita Samojednik, with experience in two-sided marketplaces and AI/ML from roles at Groupon, Ladders, and Vonage, leads alongside COO Saum Mathur, who drives AI-integrated operations.[2] Key pivots include harnessing people and technology for scalable solutions, with considerable growth proving its remote-hybrid model effective through DEI-focused events and in-person collaborations.[1][2]
Paro rides the fractional talent and AI augmentation wave in fintech, addressing the gig economy's rise where 71% of pros freelance exclusively amid talent shortages and remote work normalization.[2] Timing aligns with post-pandemic demands for flexible staffing, busy-season scalability, and AI-enhanced finance ops, fueled by market forces like tech stack optimization and risk mitigation in volatile economies.[1][4] It influences the ecosystem by democratizing access to elite expertise, reducing burnout in accounting firms, and enabling startups/SMBs to compete via on-demand CFO-level support, fostering sustainable growth in a $54B+ NAICS services sector.[3][4]
Paro is poised to expand its AI platform amid rising demand for hybrid human-tech finance solutions, potentially deepening integrations with enterprise tech stacks and globalizing beyond U.S. states.[1][2][4] Trends like AI-driven analytics and fractional C-suites will propel it, with its $63.3M funding fueling network growth and pro tools.[3] Influence may evolve toward full growth orchestration, turning one-off matches into long-term partnerships that redefine how businesses scale finance functions—empowering experts and companies to surpass ambitious goals in an increasingly flexible work era.[2]
Paro has raised $72.3M across 6 funding rounds. Most recently, it raised $25.0M Series C in June 2023.
Paro has raised $72.3M in total across 6 funding rounds.
Paro's investors include Top Tier Capital Partners, Boldstart Ventures, Carao Ventures, Crosslink Capital, Madrona Ventures, Mango Capital, Neu Venture Capital, Next47, PS Investments, Qualcomm Ventures, Revolution, Sierra Ventures.