About ParentPay
ParentPay is a company based in Coventry (United Kingdom) founded in 2002.. The company has 221 employees as of November 30, 2020. ParentPay has completed 4 acquisitions, including BlueRunner Solutions, Cypad and ParentPay Group. ParentPay offers products and services including Cashless Payments, Meal Manager, School Trips, and Club Management. ParentPay operates in a competitive market with competitors including Vanco Payment Solutions, ClassLink, Connect Childcare, Avantis Education and Arbor, among others.
- Headquarter Coventry, United Kingdom
- Employees 221 as on 30 Nov, 2020
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Sectors
TechnologyEducation Financial Services
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Email
***********
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Phone
*********
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Website
*********
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Social
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- Legal Name Parentpay Limited
- Date of Incorporation 16 Aug, 2002
- Jurisdiction LONDON, ENGLAND
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Annual Revenue
$32.08 M (USD)-9as on Nov 30, 2020
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Net Profit
$8.78 M (USD)-29as on Nov 30, 2020
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EBITDA
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Latest Funding Round
- Investors
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Employee Count
221
as on Nov 30, 2020
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Investments & Acquisitions
BlueRunner Solutions
& 3 more
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Products & Services of ParentPay
ParentPay offers a comprehensive portfolio of products and services, including Cashless Payments, Meal Manager, School Trips, and Club Management. 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.
Secure system for online school fee collections and transactions.
Tool for efficient meal pre-ordering and tracking in schools.
Platform for managing and processing school trip payments.
Software for handling after-school club registrations and fees.
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Funding Insights of ParentPay
- Total Funding Total Funding
- Total Rounds 1
- Last Round Last Round
- First Round First Round
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Dec, 2020 | Amount | Private Equity Round - ParentPay | Valuation | Montagu |
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| 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 |
Investors in ParentPay
ParentPay has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include 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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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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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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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
ParentPay has strategically engaged in corporate development activities, having acquired 4 companies. Notable acquisitions include BlueRunner Solutions, Cypad and ParentPay Group. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| 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 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Education software services are provided by ESS in the UK.
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2020 | ||||
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Hospitality, loyalty, and pre-order innovations are provided for operational efficiency.
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2006 | ||||
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Payment, communication, and employee development solutions are provided for schools.
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2003 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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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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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - ParentPay
| 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 Comparisons
Competitors of ParentPay
ParentPay operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Vanco Payment Solutions, ClassLink, Connect Childcare, Avantis Education and Arbor, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Payment gateway solutions are provided for faith-based organizations and nonprofits.
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| domain | founded_year | HQ Location |
Single sign-on access to educational applications is facilitated by ClassLink.
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| domain | founded_year | HQ Location |
Management software for nurseries and schools is provided.
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| domain | founded_year | HQ Location |
A suite of classroom and device management software is provided.
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| domain | founded_year | HQ Location |
Cloud-based platforms for school data management and analytics are offered.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| 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
Frequently Asked Questions about ParentPay
When was ParentPay founded?
ParentPay was founded in 2002 and raised its 1st funding round 18 years after it was founded.
Where is ParentPay located?
ParentPay is headquartered in Coventry, United Kingdom.
Who is the current CEO of ParentPay?
Clint Wilson is the current CEO of ParentPay.
How many employees does ParentPay have?
As of Nov 30, 2020, the latest employee count at ParentPay is 221.
What is the annual revenue of ParentPay?
Annual revenue of ParentPay is $32.08M as on Nov 30, 2020.
What does ParentPay do?
ParentPay was established in 2002 in Coventry, United Kingdom, within the education technology sector. An online payment management system is provided to schools for handling financial transactions, reporting, and meal administration. Parents are enabled to pay for items such as meals, trips, clubs, and uniforms. Services are extended to primary and secondary schools, local authorities, and catering providers, with clients including institutions like Bishop Henderson CEVA Primary and Kings School.
Who are the top competitors of ParentPay?
ParentPay's top competitors include Vanco Payment Solutions, ClassLink and Arbor.
What products or services does ParentPay offer?
ParentPay offers Cashless Payments, Meal Manager, School Trips, and Club Management.
How many acquisitions has ParentPay made?
ParentPay has made 4 acquisitions, including BlueRunner Solutions, Cypad, and ParentPay Group.
Who are ParentPay's investors?
ParentPay has 1 investor. Key investors include Montagu Private Equity.