# Paren

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/paren

- Industry: Software
- Headquarters: San Francisco, US
- Website: www.paren.app/
- Total disclosed funding: $3M
- Latest round: Seed (Oct 3, 2024)
- Investors on record: 2

## About

Founded in 2024 and based in California, US, Paren Inc. is a data insights company that provides comprehensive electric vehicle charging management solutions. The company was co-founded by Florent Breton (CEO), and Bill Ferro. In October 2024, Paren Inc. raised USD 3 million in seed funding led by Base10 Partners, with participation from another investor Founders Network Fund. An individual investor also participated in the round.

Paren provides a comprehensive suite of EV charging data solutions, including information on charger reliability, availability, pricing, and utilization rates. These insights are designed to assist various stakeholders, such as map makers, automakers, and fleet operators, in optimizing their navigation systems and improving user experiences.

The company plans to October 2024 use the funding to scale its data platform and further build new services.

## Funding rounds

- Seed, Oct 3, 2024, $3M — Base10 Partners, Founders Network Fund

## Investors

- Base10 Partners (https://capitalatlas.ai/funds/base10-partners) — Seed
- Founders Network Fund (https://capitalatlas.ai/funds/founders-network-fund) — Seed