ParentSquare, Inc.

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ParentSquare, Inc. - overview

Established

2011

Location

Goleta, CA, US

Primary Industry

Software

About

ParentSquare is a dedicated communication platform for K-12 educational institutions, enhancing interactions among schools, parents, and students through integrated tools for notifications, messaging, and event management. ParentSquare, Inc. was founded in 2011 in Goleta, US, by Anupama Vaid, who has a history of entrepreneurial ventures. The company has raised a total of USD 7.


00 mn in funding, with its most recent round being a Seed round of USD 7. 00 mn in August 2021. ParentSquare has executed five deals to date, continuing to focus on its core mission of improving educational communication. ParentSquare offers a comprehensive communication platform designed specifically for K-12 educational institutions.


The core product integrates various communication tools into a single interface, facilitating mass notifications, classroom communications, and streamlined interactions between teachers, parents, and students. This platform enables users to send multiple forms of communication—including texts, emails, and app notifications—while also incorporating functionalities like document management, event sign-ups, and translation services into over 100 languages. ParentSquare has been adopted by over 38,000 schools across the United States, serving a diverse clientele that includes educators, administrators, students, and their families. The platform is aimed at enhancing engagement, breaking down communication barriers, and ultimately supporting student success, making it an essential tool in the educational landscape.


ParentSquare operates on a subscription-based revenue model. Educational institutions pay for access to the platform, which typically involves tiered pricing plans based on the size of the district or school and the specific features required. These plans encompass various services such as mass notifications, classroom communication tools, and secure document delivery. Clients, including school districts and educational organizations, engage with ParentSquare to facilitate communication and enhance parental engagement, ultimately leading to improved educational outcomes.


The structure of these transactions typically involves annual or multi-year subscriptions, allowing for consistent revenue generation while providing schools with essential communication capabilities tailored to their needs. In August 2021, ParentSquare, Inc. raised USD 7. 00 mn from the investor Serent Capital to accelerate its growth plans.


The funds will be utilized to introduce new products and services while expanding into additional geographic markets. Specific target regions for expansion have yet to be detailed, but the company aims to broaden its reach within the educational sector.


Current Investors

Serent Capital

Primary Industry

Software

Sub Industries

Social Networking & Communication Platform, Education & Training Software

Website

www.parentsquare.com

Verticals

EdTech

Company Stage

Angel & Seed

Total Amount Raised

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ParentSquare, Inc. - employee data

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