Tech Company Financing Transactions
Parento Funding Round
Parento, based in New York, secured $5.9 million from Avesta Fund, Bread and Butter Ventures and Coyote Ventures.
Transaction Overview
Company Name
Announced On
9/9/2025
Transaction Type
Venture Equity
Amount
$5,900,000
Round
Seed
Investors
Proceeds Purpose
The company intends to use the capital to expand across product development, sales, and marketing teams while launching additional insurance offerings and new products.
Company Information
Company Status
Private & Independent
Industry
InsureTech
Mailing Address
Undisclosed
New York, NY Undisclosed
USA
New York, NY Undisclosed
USA
Phone
Undisclosed
Website
Email Address
Not Recorded
Overview
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.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Dirk Doebler
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Where The Data Comes From
We do our best to report on every notable VC transaction. VC investment data records reported here are sourced from news reports and company announcements. The data is sourced from VentureDeal.com, an affiliated venture.
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