Parento raises $5.9M in Seed II funding to expand product development, sales, and marketing for their parental leave insurance services.
Amount Raised
$5.9 Million
Round Type
Seed
New YorkHuman ResourcesEmployee BenefitsInsuranceInvestors
Description
Parento, a NYC-based provider of comprehensive paid parental leave (PPL) insurance, raised $5.9M in Seed II funding. This funding round brings the total raised to $10.3M, with ResilienceVC leading the round and other notable investors participating. The company plans to use the capital for product development, sales, and marketing while launching additional insurance offerings. Founded in 2019, Parento aims to democratize parental leave access through partnerships with Professional Employer Organizations (PEOs).
Quick answer
Parento raised $5.9 Million in a Seed round, dated September 9, 2025. Investors: Precursor Ventures, Ffvc, ResilienceVC, Avesta, Evidenced, K Street, Cross Impact and Springbank. Parento is based in New York, New York, United States.
- How much did Parento raise?
- Parento raised $5.9 Million in a Seed round on September 9, 2025.
- Who invested in Parento?
- Precursor Ventures, Ffvc, ResilienceVC, Avesta, Evidenced, K Street, Cross Impact and Springbank are named as investors in this round.
- What does Parento do?
- Parento is solving the paid parental leave crisis in the United States through gender-neutral paid parental leave insurance.
- Where is Parento based and how big is it?
- Parento is based in New York, New York, United States. Fundz records about 19 employees.
- Who are the decision-makers at Parento?
- Fundz holds 2 contacts at Parento. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
Who else raised in Human Resources and Employee Benefits around the same time
Companies in the same sectors as Parento that raised within 45 days of this round, from Fundz verified event records.
- Marpai raised $200K (Pre-Seed) on October 6, 2025.
- Self Bill Pro raised $2.6M (Seed) on September 30, 2025.
- Employee Navigator raised $100M on August 4, 2025.
- 2cloudnine raised $5.5M (Funding Round) on October 24, 2025.
- Findem raised $51M (Series C) on October 21, 2025.
- Amwins Holding Company raised $35M on October 21, 2025.
Who to call at Parento, and when
A new round usually means Parento is about to hire and buy. The teams that reach out first get the meeting.
- An alert the day Parento raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at Parento, from your own LinkedIn network
Works inside ChatGPT and Claude. Ask who to call at Parento. With Fundz connected, it knows.
AI made execution free. Knowing first is the whole game now.
Fundz sees it the moment Parento raises, hires an exec or expands, usually minutes after it happens, and tells you who to reach.
Related People
Parento raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.
145 of these a day, filtered to the companies you pick, with the decision-maker attached.
5 screens from a live account. No signup.