Paro, a Chicago, IL-based on-demand financial services platform, received a new a $2.25m credit facility.
Square 1 Bank, a division of Pacific Western Bank, provided the financing.
The company intends to use the proceeds for continued growth.
Led by Michael Burdick, chief executive officer, Paro matches virtual, on-demand accounting and finance professionals with a variety of clients ranging from growth stage startups to enterprise businesses. After passing a screening process, skilled freelance CPAs, bookkeepers, CFOs and analysts are matched with businesses based on need and industry expertise.
The company is backed by several leading investors including Revolution Ventures and Global Founders Capital (read here).
FinSMEs
02/10/2018