Liquid - $7.6M Seed Liquid, a perp DEX aggregator that routes and executes futures trades across multiple exchanges, has raised $7.6M in Seed funding led by Paradigm. Founded by Franklyn Wang in 2025, Liquid has now raised a total of $7.6M in reported equity funding. AlleyWatch is NYC's leading source of tech and startup news, reaching the city's most active founders, investors, and tech leaders.
Conservative investors might prefer to own shares of traditional insurance companies like Allstate ( NYSE:ALL) and Progressive ( NYSE:PGR), and that's fine. However, if you're more adventurous, you might choose to look into modern disrupters like Lemonade ( NYSE:LMND), Trupanion ( NASDAQ:TRUP), Hippo ( NYSE:HIPO), and the subject of today's analysis, Root, Inc. ( NASDAQ:ROOT). There are risks to investing in high-tech insurance plays, but the potential rewards could be substantial.
Parento addresses this critical gap by providing the first-ever insurance product specifically designed for paid parental leave, offering companies a three-in-one solution that combines customized insurance coverage, streamlined leave management, and personalized parent coaching. The platform serves both birthing and non-birthing parents, achieving a remarkable 95% return-to-work rate compared to the industry standard of 60%. With its comprehensive approach, Parento helps employers control expenses while supporting employees through one of life's most significant transitions, targeting the $43B total addressable market for parental leave solutions.
Initially, Bestow operated as a direct-to-consumer insurance provider, selling and servicing life insurance policies. Its platform gained traction during the COVID pandemic.
