ParentSquare

Santa Barbara, United States Founded: 2011 • Age: 15 yrs
Provider of app-based parent-teacher communication solutions
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About ParentSquare

ParentSquare is a company based in Santa Barbara (United States) founded in 2011 by Sohit Wadhwa and Anupama Vaid.. ParentSquare has raised $11.84 million across 6 funding rounds from investors including Serent Capital. ParentSquare has completed 3 acquisitions, including Gabbart Communications, Remind and Signal Kit. ParentSquare offers products and services including Mass Notifications, Classroom Communications, School Services, and School Websites. ParentSquare operates in a competitive market with competitors including Sdui, Remind, EChalk, ClassTag and Kaymbu, among others.

  • Headquarter Santa Barbara, United States
  • Founders Sohit Wadhwa, Anupama Vaid
  • Sectors
    Education
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Parentsquare, Inc.
Operational Areas
Education → Education Technology (EdTech)
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Total Equity Funding
    $11.84 M (USD)

    in 6 rounds

  • Latest Funding Round
    $689.75 K (USD), Seed

    Sep 07, 2021

  • Investors
  • Employee Count
    Employee Count
  • Investments & Acquisitions
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Products & Services of ParentSquare

ParentSquare offers a comprehensive portfolio of products and services, including Mass Notifications, Classroom Communications, School Services, and School Websites. 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.

Primary

Platform for sending bulk alerts to families and staff.

Tool for teachers to share updates with parents directly.

System for handling forms, payments, and event RSVPs.

Service to create accessible school sites with translation features.

People of ParentSquare
Headcount 50-200
Employee Profiles 35
Board Members and Advisors 4
Employee Profiles
People
Denise Kale
General Counsel
People
Araina Malhotra
Inside Sales Manager
People
Jackson Bynum
Regional Sales Director
People
Thomas Boes
Regional Sales Manager

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Board Members and Advisors
people
Anupama Vaid
Board Member
people
Lane Rankin
Executive Chairman
people
Tom Kenny
Board Member
people
Dexter Hopen
Board Observer

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Funding Insights of ParentSquare

ParentSquare has successfully raised a total of $11.84M across 6 strategic funding rounds. The most recent funding activity was a Seed round of $689.75 thousand completed in September 2021. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.

  • Total Funding
  • Total Rounds 6
  • Last Round Seed — $689,750
  • First Round

    (16 Mar 2015)

  • Investors Count 1
Date Amount Transaction Name Valuation Lead Investors Investors
Sep, 2021 Amount Seed - ParentSquare Valuation

investors

Aug, 2021 Amount Seed - ParentSquare Valuation

investors

Nov, 2020 Amount Seed - ParentSquare Valuation

investors

Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investors in ParentSquare

ParentSquare has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include Serent Capital. 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.

All
Venture Fund
Investor Description Founded Year Domain Location
-
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by ParentSquare

ParentSquare has strategically engaged in corporate development activities, having acquired 3 companies. Notable acquisitions include Gabbart Communications, Remind and Signal Kit. 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.

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Acquisitions
Company Name Description Domain Location Founded Year Amount
Communications-based solutions for schools are provided by Signal Kit.
2015
A communication platform is provided for educational communities by Remind.
2011
Integrated management systems for schools are provided.
2003
Company Name Description Domain Location Founded Year Amount
OVO is recognized as a smart digital payment application.
2017
Bionic investment advisor platform
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014

Financial Statements - ParentSquare

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Parentsquare Comparisons

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Competitors of ParentSquare

ParentSquare 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 Sdui, Remind, EChalk, ClassTag and Kaymbu, 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
A communication platform is offered for parents, teachers, and students.
domain founded_year HQ Location
A communication platform is provided for educational communities by Remind.
domain founded_year HQ Location
Learning management system is provided for K-12 schools and districts.
domain founded_year HQ Location
Teachers' activities and parent communications are managed via a platform.
domain founded_year HQ Location
Classroom activities are documented and shared via an iPad-based system.
Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Frequently Asked Questions about ParentSquare

When was ParentSquare founded?

ParentSquare was founded in 2011 and raised its 1st funding round 4 years after it was founded.

Where is ParentSquare located?

ParentSquare is headquartered in Santa Barbara, United States. It is registered at Santa Barbara, California, United States.

Who is the current CEO of ParentSquare?

Sohit Wadhwa is the current CEO of ParentSquare. They have also founded this company.

Is ParentSquare a funded company?

ParentSquare is a funded company, having raised a total of $11.84M across 6 funding rounds to date. The company's 1st funding round was a Seed of $7M, raised on Mar 16, 2015.

What does ParentSquare do?

ParentSquare was founded in 2011 in Santa Barbara, United States, as a provider of mobile communication tools in the education sector. Automated alerts via email, text, and app notifications are delivered to engage parents, with language translation features included. The platform supports school administrators in decision-making aligned with parental input to foster student development. Availability is ensured on both Android and iOS devices.

Who are the top competitors of ParentSquare?

ParentSquare's top competitors include Sdui, EChalk and Kaymbu.

What products or services does ParentSquare offer?

ParentSquare offers Mass Notifications, Classroom Communications, School Services, and School Websites.

How many acquisitions has ParentSquare made?

ParentSquare has made 3 acquisitions, including Gabbart Communications, Remind, and Signal Kit.

Who are ParentSquare's investors?

ParentSquare has 1 investor. Key investors include Serent Capital.

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