Pasadena Angels Exit Announcement: ParentSquare
The Pasadena Angels are excited to announce a recent exit opportunity for one of our valued portfolio companies, ParentSquare! Thanks to a substantial investment from Serent Capital, the 8 Pasadena Angels who invested back in 2016 were given the option to sell 33-100% of their shares at an 11.5x return.
Founded by husband and wife duo Sohit Wadhwa and Anupama Vaid, ParentSquare is a one stop shop for all school-family communication. When COVID forced schools to close and later operate remotely, communication became a bigger priority than ever. ParentSquare stepped up to the plate. The team was able to demonstrate their value in school districts across the country and scale with ease. With the recent acquisition of Signal Kit and key additions to the team, ParentSquare is in a perfect position to continue revolutionizing the way that parents interact with their childrens’ schools.
The Pasadena Angels would like to congratulate Anupama, Sohit and the entire ParentSquare team on all of their recent success and we are excited to follow their progress into the future!