Parento Raises $5.9 Million Seed II to Expand Paid Leave

Anthony R. O’Donnell // September 9, 2025

(Image source: Parento.)

Parento, a New York-based MGA, has raised $5.9 million in an oversubscribed Seed II funding round led by ResilienceVC, bringing its total funding to $10.3 million. Additional investors include Kapor Capital, Bread & Butter Ventures, Operator Stack, Coyote Ventures, ffVC, Human Ventures, Springbank, Precursor, Cross Impact, K Street, Evidenced, and Avesta.

Parento offers paid parental leave insurance combined with leave management services and parent coaching. The model helps employers convert unpredictable leave costs into fixed premiums while supporting employees during pregnancy, adoption,

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