About ParentPay Group
ParentPay Group is a company based in Bedford (United Kingdom) founded in 2020 was acquired by ParentPay in August 2021. It operates as a SaaS (Software-as-a-Service), Subscription Services, and EduTech. ParentPay Group offers products and services including ParentPay, Schoolcomms, Cypad, SIMS, and Reading Cloud.
- Headquarter Bedford, United Kingdom
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Sectors
Education
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Phone
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Website
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Social
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- Legal Name Parentpay Group
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Products & Services of ParentPay Group
ParentPay Group offers a comprehensive portfolio of products and services, including ParentPay, Schoolcomms, Cypad, SIMS, and Reading Cloud. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Cashless payment system is provided for UK schools.
Parent communication app is offered for school engagement.
School kitchen efficiency is enhanced by paperless solutions.
School operations are streamlined with management software tools.
Library cataloging system is provided for school communities.
Funding Insights of ParentPay Group
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
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Investors in ParentPay Group
ParentPay Group has secured backing from 2 investors, including venture fund investors. Prominent investors backing the company include ParentPay and Montagu Private Equity. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Montagu Private Equity is engaged in mid-market business investments.
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Online payments for school meals, trips, and activities are managed.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Venture capital is directed toward companies in multiple sectors.
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by ParentPay Group
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - ParentPay Group
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Parentpay Group Comparisons
Competitors of ParentPay Group
| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Parentpay Group
Frequently Asked Questions about ParentPay Group
When was ParentPay Group founded?
ParentPay Group was founded in 2020.
Where is ParentPay Group located?
ParentPay Group is headquartered in Bedford, United Kingdom. It is registered at Bedford, Bedfordshire, United Kingdom.
Who is the current CEO of ParentPay Group?
Andy Bennett is the current CEO of ParentPay Group.
What is the annual revenue of ParentPay Group?
Annual revenue of ParentPay Group is $902.06K as on Nov 30, 2023.
What does ParentPay Group do?
Educational software and payment solutions are delivered by ParentPay Group to over 30,000 schools across Europe. Administration time is saved, costs are reduced, and data is managed securely for schools. Parents are enabled to make secure payments, communicate, and engage in their childrens education. Various sectors including primary, secondary, and higher education are supported with tools like cashless payments, catering management, and library systems. Brands such as ParentPay, SIMS, and Cypad are operated under the group to address diverse educational needs.
What products or services does ParentPay Group offer?
ParentPay Group offers ParentPay, Schoolcomms, Cypad, SIMS, and Reading Cloud.
Who are ParentPay Group's investors?
ParentPay Group has 2 investors. Key investors include ParentPay, and Montagu Private Equity.
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