ParentSquare Inc., a unified school-to-home engagement platform for K-12, has raised $7 million in new funding, the company has announced recently.
The latest funding is an additional seed round and includes a number of repeat investors. The company will use the funds to invest in its technology platform and products, and to further scale its operations to serve K-12 schools and districts nationwide, the company said in a statement in its blog post.
Founded by husband-wife Anupama Vaid and Sohit Wadhwa in Santa Barabara, California, in 2011, ParentSquare provides a comprehensive yet simple-to-use communications solution for both parents and school staff by approaching school-to-home communication needs holistically. It unifies and brings together all communications, whether it’s for district announcements, attendance, forms, permission slips, conferences, report cards, surveys, sign-ups or daily classroom communications, in a single platform, helping parents and educators have effective communication within the school and district.
ParentSquare said its platform is relied upon by millions educators and families and claimed to currently serve over 4 million users across 44 states, including over 40 percent of districts in California.
Speaking about the company and how it will utilize the latest funding, Sohit Wadhwa, Co-founder and CEO of ParentSquare, said in a statement,
“It has been very exciting to see the enthusiastic response from K-12 schools and districts to our effective, unified communications platform. With this investment, we are focused on scaling our operations and we’re investing in our engineering team and infrastructure to ensure innovation remains a strength.”
ParentSquare provides parent engagement tools that work from the district office to the individual classroom, supported by powerful metrics and reporting. The company’s technology platform features extensive integrations with student information and other critical administrative systems, translation to more than 100 languages, and app, email, text, voice and web portal access for equitable communication.
Commenting on the investment, Tom Kenny, one of the investors in the latest round, said,
“We have a deep conviction that school-home communications remains an underinvested and under-innovated category in education technology software. The pandemic has highlighted just how critical school-to-home communications is, and we’re thrilled to support ParentSquare as it helps foster stronger connections between families and educators.”
ParentSquare officially launched its nameshake product in 2014, with consistent revenue growth year-on-year of about 100%, according to a statement. The Santa Barabara-headquartered company said it has raised a total of more than $12 million over five funding rounds since its debut.