# Parchment by Instructure

> Parchment by Instructure provides software and an exchange network for requesting, issuing, receiving, sharing, and verifying academic and professional credentials. Its portfolio spans transcripts, digital and print diplomas, badges, comprehensive learner records, K-12 records management, and student-mobility tools. Instructure acquired it in February 2024.

- **Founded:** 2003
- **Headquarters:** Scottsdale, United States
- **Founders:** Mark N. Cohen (Co-founder of the original venture; later VP, Product Development), Jeffrey Harris (Co-founder of the original venture; later VP, Secure Transcript Services), John Reese (Founder identified in his current biography; CEO appointed upon Docufide incorporation in 2003)
- **Products:** Transcript Services, Parchment Receive, Parchment Award, Diploma Services, CLR Services / Credential Builder
- **Notable:** More than 165 million cumulative credential exchanges reported at acquisition in February 2024., More than 13,000 customers reported in the February 2024 closing announcement., Statewide electronic transcript exchange in Indiana began in 2005.

## Products & services

- **Transcript Services** — Institutional ordering, fulfillment, tracking, secure electronic delivery, and print-and-mail services.
- **Parchment Receive** — Document intake and processing for admissions offices.
- **Parchment Award** — Issuing platform spanning transcripts, diplomas, certificates, and badges.
- **Diploma Services** — Digital and print diplomas, social sharing, and self-service reprints.
- **CLR Services / Credential Builder** — Comprehensive learner records combining academic and co-curricular achievements, supported by implementation consulting.
- **Parchment Pathways** — Course sharing, dual enrollment, and transfer articulation solutions expanded through Quottly.
- **Parchment Digital Badges** — Verifiable badges and microcredentials; Canvas Credentials moved to this branding in October 2025.
- **K-12 Records Management** — Student and alumni records, district transfers, cumulative folders, document management, and digitization.
- **Verification Services** — Credential verification workflows for institutions and employers.
- **High School Equivalency Services** — Credentialing services for GED, HiSET, and alternative pathways.
- **Digitary Services** — International digital credential issuing and sharing through regional institutions and networks.

## Achievements

- More than 165 million cumulative credential exchanges reported at acquisition in February 2024.
- More than 13,000 customers reported in the February 2024 closing announcement.
- Statewide electronic transcript exchange in Indiana began in 2005.
- Digitary combination expanded international operations in 2021.

## Latest updates

- **2026-06** — Instructure listed its 2025 Parchment K-12 Implementation Research Report, based on a spring 2025 survey of 278 administrators across 41 states.
- **2025-10** — Canvas Credentials was rebranded as Parchment Award Digital Badges; release notes say functionality, workflows, and integrations were preserved.
- **2025-08** — General Assembly adopted Canvas Credentials, powered by Parchment, for portable skills-tagged digital badges.
- **2024-11** — KKR and Dragoneer completed their acquisition of parent company Instructure at approximately $4.8 billion enterprise value.
- **2024-02** — Instructure completed its acquisition of Parchment.

## Links

- Website: https://www.parchment.com/
- LinkedIn: https://www.linkedin.com/company/parchment/
- Twitter/X: https://www.twitter.com/parchment
- Instagram: https://instagram.com/parchmentcredentials
- Facebook: https://www.facebook.com/ParchmentCredentials/

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Profile page: https://yespress.io/parchment-by-instructure
Published by YesPress — https://yespress.io
Last updated: 2026-10-02