Parento Overview
- Year Founded
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2019
- Status
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Private
- Employees
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19
- Latest Deal Type
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Series 2
- Latest Deal Amount
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$5.9M
- Investors
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18
Parento General Information
Description
Provider of paid parental leave insurance and leave management services designed for employers and working parents. The company provides parental leave coverage, leave administration, compliance support, payroll reporting, claims assistance, and parental coaching, enabling employers to manage leave programs and support employees through parenthood.
Contact Information
Website
www.parentoleave.comCorporate Office
- 251 Little Falls Drive
- Wilmington, DE 19808
- United States
Corporate Office
- 251 Little Falls Drive
- Wilmington, DE 19808
- United States
Parento Timeline
Parento Valuation & Funding
| Deal Type | Date | Amount | Raised to Date | Post-Val | Status | Stage |
|---|---|---|---|---|---|---|
| 3. Seed Round | 09-Sep-2025 | $5.9M | Completed | Generating Revenue | ||
| 2. Seed Round | 26-Apr-2023 | Completed | Generating Revenue | |||
| 1. Accelerator/Incubator | 13-Jan-2020 | $100K | $100K | Completed | Generating Revenue |
Parento Cap Table
| Stock | # of Shares Authorized |
Par Value | Dividend Rate (%) | Original Issue Price |
Liquidation | Liquidation Pref. Multiple |
Conversion Price | % Owned |
|---|---|---|---|---|---|---|---|---|
| Seed II | ||||||||
| Seed-5 | ||||||||
| Seed-4 | ||||||||
| Seed-3 | ||||||||
| Seed-2 | 147,993 | $0.000100 | $0.77 | $0.77 | 1x | $0.77 | 0.79% | |
| Seed-1 | 3,015,493 | $0.000100 | $1.04 | $1.04 | 1x | $1.04 | 16.02% |
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Opportunity Score
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Exit Type
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Parento Related Research & Analysis
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Parento Signals
Growth Rate
Growth
Size Multiple
Key Data Points
Similarweb Unique Visitors
Majestic Referring Domains
Parento Investors (18)
| Investor Name | Investor Type | Holding | Investor Since | Participating Rounds |
|---|---|---|---|---|
| Avesta Fund | Venture Capital | Minority | ||
| Bread & Butter Ventures | Venture Capital | Minority | ||
| Coyote Ventures | Venture Capital | Minority | ||
| Cross Impact Capital | Venture Capital | Minority | ||
| First Flight Venture Center | Accelerator/Incubator | Minority |
Parento FAQs
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When was Parento founded?
Parento was founded in 2019.
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Where is Parento headquartered?
Parento is headquartered in Wilmington, DE.
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What is the size of Parento?
Parento has 19 total employees.
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What industry is Parento in?
Parento’s primary industry is Other Insurance.
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Is Parento a private or public company?
Parento is a Private company.
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What is the current valuation of Parento?
The current valuation of Parento is .
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What is Parento’s current revenue?
The current revenue for Parento is .
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How much funding has Parento raised over time?
Parento has raised $10.4M.
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Who are Parento’s investors?
Avesta Fund, Bread & Butter Ventures, Coyote Ventures, Cross Impact Capital, and First Flight Venture Center are 5 of 18 investors who have invested in Parento.
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