Parchment, a leading digital transcript and credential sharing company, has acquired Quottly, a company that offers colleges and universities a platform for course and program sharing and managing transfer articulations and dual enrollment, according to a press release from Parchment Tuesday.
Matthew Pittinsky, CEO at Parchment, said the move will ease student mobility between institutions.
“By overlaying Quottly’s course and credit solutions on Parchment’s transcript exchange network, we are able to innovate and address a critical challenge for institutions and learners alike,” Pittinsky said in the release. “Now we can not only provide the seamless exchange of credentials, but ensure those credentials translate into credit that drives student success by reducing barriers to entry and cost and accelerate time to completion.”
Quottly currently serves more than 220 colleges and universities, including the Montana University System and the University System of Maryland. The platform is also used by California Virtual Campus, the United Negro College Fund and the Idaho State Board of Education, among others.
“Quottly was founded to overcome roadblocks to student progress and completion,” Alicia Policinski, CEO and co-founder at Quottly, said in the release. Joining Parchment allows Quottly to “continue to provide greater equity and access for all students, and ensure long-term success for colleges and universities facing monumental challenges.”