# The Parent

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/the-parent

- Industry: Internet
- Headquarters: Singapore, Singapore
- Website: https://corporate.theasianparent.com
- Total disclosed funding: $36M
- Latest round: Series D (Apr 8, 2022)
- Investors on record: 15

## About

The Parent Inc. is a Singapore-based digital parenting platform that offers resources and services to support parents in their journey, enhancing community connections and providing essential information.Founded in 2009, The Parent Inc. operates as Tickled Media Pte. Ltd., focusing on creating a parenting platform that offers expert articles, forums, and applications for parents. The company is headquartered in Singapore and has undergone strategic pivots to strengthen its digital presence. The founders, Heena Singh and Roshni Cheung, were instrumental in establishing the company, while Cristina de los Reyes serves as the CEO. The most recent funding round was a Series D, led by East Ventures, in which USD 9.000 mn was raised, bringing the total amount raised to USD 9.000 mn and achieving a current valuation of USD 139.940 mn. The company has completed 8 deals to date, with the latest deal occurring on October 11, 2022.The Asian Parent provides a wide range of digital resources aimed at supporting parents. Its offerings include a parenting platform with expert articles, discussion forums, and mobile applications, addressing challenges in child development, health, nutrition, and education. The platform primarily targets Southeast Asian markets like Malaysia, Indonesia, and the Philippines, catering to a diverse user base seeking reliable information and community support.In 2022, The Asian Parent reported a revenue of USD 14,012,200.90, alongside an EBITDA of USD -9,394,224.30. The company generates revenue through subscription services, partnerships, and targeted advertising, collaborating with brands that share a parenting-focused mission and engaging in sponsored content on its platform.The Parent Inc. plans to leverage its recent Series D funding to enhance and expand its product offerings, focusing on launching new features and tools designed for parents. The company aims to enter additional Southeast Asian markets by 2024, capitalizing on its existing user base to drive growth. Additionally, the financial backing from Central Retail Corporation Ltd.'s recent investment will support these initiatives and strengthen its market position.

## Funding rounds

- Series D, Apr 8, 2022, $9M — Central Retail Corporation Ltd., East Ventures, Pioneer Generation Management
- Series C, Mar 8, 2022, $10M — Line Corporation, SCB10X
- Series C, Oct 25, 2019, $5M — Vertex Ventures Southeast Asia & India, Mirae Asset Financial Group
- Series C, Aug 28, 2019, $10M — Suntory Holdings, Fosun Capital, JD.com, ATM Capital, Fosun RZ Capital, Redbadge Pacific, 14th Street Global Ventures
- Series A, Jan 19, 2015, $2.4M — Vertex Ventures Southeast Asia & India, Tigris Capital

## Investors

- Vertex Ventures Southeast Asia & India (https://capitalatlas.ai/funds/vertex-ventures-southeast-asia-india) — Series A, Series C
- Tigris Capital — Series A
- Suntory Holdings — Series C
- Fosun Capital (https://capitalatlas.ai/funds/fosun-capital) — Series C
- JD.com — Series C
- ATM Capital (https://capitalatlas.ai/funds/atm-capital) — Series C
- Fosun RZ Capital (https://capitalatlas.ai/funds/fosun-rz-capital) — Series C
- Redbadge Pacific (https://capitalatlas.ai/funds/redbadge-pacific) — Series C
- 14th Street Global Ventures — Series C
- Mirae Asset Financial Group — Series C
- Line Corporation — Series C
- SCB10X (https://capitalatlas.ai/funds/scb10x) — Series C
- Central Retail Corporation Ltd. — Series D
- East Ventures (https://capitalatlas.ai/funds/east-ventures) — Series D
- Pioneer Generation Management — Series D