Parento

Parento

Insurance

New York, NY 3,248 followers

Transforming workplaces through paid parental leave insurance.

About us

Parento is solving the paid parental leave crisis in the United States through gender-neutral paid parental leave insurance. Our pioneering suite of products is fully customizable and offers a solution for employers to roll out generous paid parental leave affordably and easily. Designed to support working parents, our program mitigates the financial cost, risk, and management of paid parental leave for HR, payroll, and finance. To enhance the employee experience and successfully support working parents, Parento's program includes integrated, proactive one-on-one emotional and parent coaching. Directly linked to increases in retention, workplace diversity, productivity, and parental emotional wellness, paid parental leave is becoming a deal breaker among today's family-first generation. Parento's holistic approach to paid parental leave enables companies to retain, attract, and promote working parents, especially working moms. Parento is available to employers only and is not sold to individuals. Available nationwide for employers with 10 - 10,000 employees.

Website
http://www.parentoleave.com
Industry
Insurance
Company size
11-50 employees
Headquarters
New York, NY
Type
Privately Held
Founded
2019
Specialties
Paid Parental Leave, Insurance, Maternity Leave, Paternity Leave, Family Leave, Leave Administration, Leave Compliance, Parent Coaching, Employee Experience, Wellness Program, and Famtech

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Funding

Parento 3 total rounds

Last Round

Seed

US$ 4.4M

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