Parento has closed an oversubscribed $5.9 mn Seed II round led by ResilienceVC, with participation from Kapor Capital, Bread & Butter Ventures, Operator Stack, Coyote Ventures, ffVC, Human Ventures, Springbank, Precursor, Cross Impact, K Street, Evidenced, and Avesta.
The new financing brings Parento’s total raised to $10.3 mn.
Founded in 2019, the New York startup provides employers with customizable parental leave insurance, offering 6 to 16 weeks of fully paid leave.
The coverage is designed to work alongside state benefits, Paid Family Leave programs where available, and employers’ short-term disability policies. The package includes employee support services, giving businesses a way to deliver comprehensive parental leave while controlling costs.
Parento positions its product as a solution for all industries, not just large or high-tech employers. CEO Dirk Doebler said the company’s approach reflects the evolving definition of family and the growing demand for equitable leave policies.
Parenthood is not gendered, and paid parental leave is not just for Silicon Valley or STEM, but for every workplace interested in employee wellness, talent acquisition, and retention.
Dirk Doebler, Founder and CEO of Parento
“As demand grows and the definition of family evolves to match reality, there’s a systemic need for a true solution. Parento makes paid parental leave affordable and attainable for every company, regardless of size or budget,” – Dirk Doebler said.
Investors say the platform addresses a critical shortfall in the US benefits landscape. Kapor Capital’s Brandon Boros noted that Parento converts an unpredictable expense into a manageable monthly cost, helping small and mid-sized firms compete for talent.
ResilienceVC’s Tahira Dosani, who is joining Parento’s board, called the company’s work one of the most pressing workplace equity issues of this era, praising its mission to broaden access to parental leave and support income stability for employees nationwide.
