When was Parento founded?

Parento was founded in 2019 and raised its 1st funding round 1 year after it was founded.

Where is Parento located?

Parento is headquartered in New York City, United States. It is registered at Rīga, Viestura prospekts 22 - 21.

Who is the current CEO of Parento?

Dirk Doebler of Parento. They have also founded 1 company.

How many employees does Parento have?

As of Sep 30, 2026, the latest employee count at Parento is 20.

Is Parento a funded company?

Parento is a funded company, having raised a total of $10.4M across 3 funding rounds to date. The company's 1st funding round was a $***** Seed round, raised on Jan 13, 2020.

When was the latest funding round of Parento?

Parento's latest funding was a $***** Series A round on Jun 12, 2025, with participation from 12 investors.

Where does Parento rank among its competitors?

Parento ranks 34th amongst 272 active competitors, of which 54 are funded. It stands 10th in terms of total funding among its competitors. The most recent competitor to raise funding was Parento, which secured $5.9M in Jun, 2025.

Who are the top competitors of Parento?

Parento's top competitors include HealthEquity, Wright Express and Businessolver. Among them, Parento secured the most recent funding round in June, 2025.

Parento - 2026 Company Profile, Team, Funding & Competitors

Company Details

Provider of employer insurance for maternity and paternity leave programs. It offers paid parental leave insurance coverage and allows employers to take time off. It helps employers to manage, budget, and afford fully paid parental leaves. It enables companies to customize insurance based on length of leave and salary.

Website: www.parentoleave.com/
Social
Email ID: *****@parentoleave.com
Registered Address: Rīga, Viestura prospekts 22 - 21

Key Metrics

Founded Year

2019

Location

New York City, United States

Stage

Series A

Total Funding

$10.4M in 3 rounds

Latest Funding Round

Series A, Jun 12, 2025, $*****

Investors

Resilience & 14 more

Ranked

34^th among 272 active competitors

Employee Count

20 as on Sep 30, 2026

Similar Companies

Swile & 331 more

View Parento's full profile

Parento is associated with 2 legal entities given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Reports
Parento CIN: 40103524637 , Latvia, Active	Mar 19, 2012	€0 - €1M (As on Dec 31, 2020)	3 (As on Dec 31, 2021)	-
Parento, Inc. CIN: 842103586 , United States, Active	Dec 31, 2018	-	-	-

Parento has raised a total funding of $10.4M over 3 rounds. Its first funding round was on Jan 13, 2020. Its latest funding round was a Series A round on Jun 12, 2025 for $*****. 12 investors participated in its latest round. Parento has 15 institutional investors.

Here is the list of recent funding rounds of Parento:

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Jun 12, 2025	7717187	Series A	1723269	2442351	6165076	3898139
May 10, 2023	9778998	Seed	1917372	9158925	7575402	1234143
Jan 13, 2020	8329537	Seed	3362412	3340611	2144587	Entrepreneurs Roundtable Accelerator

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View details of Parento's funding rounds and investors

The founders of Parento is Dirk Doebler. Dirk Doebler is the CEO of Parento.

Here are the details of Parento's key team members:

Dirk Doebler: Founder & CEO of Parento.
Contact Info: 1 email address

View details of Parento's Founder profiles and Board Members

Parento's employee count trend

Parento has 20 employees as of Sep 26. Here is Parento's employee count trend over the years:

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Top competitors of Parento include HealthEquity, Wright Express and Businessolver. Here is the list of Top 10 competitors of Parento, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	HealthEquity 2002, Draper (United States), Public	Employee benefits management platform for individuals and businesses	$15.3M	Berkley Capital, Napier Park Global Capital ... & 4 others	74/100
2nd	Wright Express 1983, Portland (United States), Public	Provider of fleet management, employee benefits, and business payment solutions	-	Warburg Pincus, NewStar Financial & 5 others	73/100
3rd	Businessolver 1998, West Des Moines (United States), Late Stage	Cloud-based employee benefits administration solution	$65.2M	JMI Management, Warburg Pincus & 5 others	72/100
4th	Alight 2015, Lincolnshire (United States), Public	Provider of technology-enabled solutions for health, wealth, and human capital	$10.5M	Caterpillar, ADIA & 3 others	72/100
5th	Bswift 1996, Chicago (United States), Acquired	Provider of benefits administration solutions for enterprises	$51M	Great Hill Partners, Francisco Partners & 1 others	72/100
6th	Maven 2014, New York City (United States), Series F	Virtual care for women and families across every life stage	$425M	Icon Ventures, Dragoneer Investment Group ... & 58 others	72/100
7th	Paytient 2018, Columbia (United States), Series B	Healthcare prepaid cards for employers	$55.5M	Mercato Partners, Felicis Ventures & 10 others	70/100
8th	Zenefits 2013, Tempe (United States), Acquired	Cloud-based platform for HR and payroll management solutions	$598M	Andreessen Horowitz, Fidelity Investments ... & 50 others	70/100
9th	Justworks 2012, New York City (United States), Series E	Benefits administration & payroll management solution for businesses	$148M	Index Ventures, FirstMark & 14 others	70/100
10th	HealthMine 2008, San Francisco (United States), Series C	Provider of technology and services for healthcare member engagement and quality	$75M	Psilos Group, Saints Capital & 4 others	69/100
34th	Parento 2019, New York City (United States), Series A	Provider of employer insurance for maternity and paternity leave programs	$10.4M	Operator Stack, Precursor Ventures & 13 others	53/100