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499 Parento Raises $5.9M to Expand Paid Parental Leave Insurance for Small Businesses

AlleyWatch
AlleyWatch @ AlleyWatch 1 place · today 09:37 EDT

While 95% of Parento's clients return to work after parental leave compared to just 60% industry-wide, most American workers still lack access to paid family leave. This NYC startup just closed a $5.9M round to change that with the first insurance product built specifically for parental leave. With backing from ResilienceVC and Kapor Capital, discover how they're making comprehensive family benefits accessible to small businesses across a $43B market.

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