Parento

Parento is the first provider for paid parental leave, with the first paid parental leave insurance that pays the salary of an employee taking parental leave.

  • Stage Product In Market
  • Industry Fintech
  • Location New York, NY, USA
  • Currency USD
  • Founded February 2019
  • Employees 5
  • Incorporation Type C-corp
  • Website parentoleave.com

Company Summary

Parento is the first provider for paid parental and family leave. Parento is an insurance-based, paid parental leave program that enables companies to offer offer up to fully paid maternity, paternity, & family leave, while providing 1-on-1 support to working parents to improve outcomes. Partnering with 3 major reinsurers to underwrite the risk, Parento takes no risk itself, focusing on distribution and product.

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