Parento, Inc.

Parento, Inc. is a US-based company specializing in paid parental leave insurance, providing tailored solutions for employers to support their working parents effectively and affordably. Founded in 2019 and headquartered in Wilmington, US, Parento offers parental leave insurance designed for businesses. The company has secured USD 5.

9 mn in Seed funding, led by ResilienceVC, with participation from various investors. The latest funding round was completed on September 9, 2025. Parento provides paid parental leave insurance policies and leave management solutions tailored to help employers support their employees. Their offerings include assistance with filing for disability and state Paid Family Leave (PFL), along with personalized coaching for various stages of parenthood.

Parento’s services facilitate compliance with city, state, and federal regulations, including the Family and Medical Leave Act (FMLA). Parento generates revenue through its comprehensive insurance policies and services, utilizing a B2B model that caters directly to employers. Their revenue structure is based on subscription pricing for insurance coverage and additional fees for services such as Leave Concierge and personalized coaching sessions. Parento’s pricing aligns with current short-term disability rates, ensuring cost-effective support for their clients.

In September 2025, Parento raised USD 5. 9 mn in Seed funding, which will be allocated to support product development. The company plans to expand its offerings and enhance its services for businesses seeking to improve parental leave practices. Specific geographic markets targeted for expansion have not been disclosed, but the company aims to further its reach within the United States.