As more millennials become parents, we are seeing major changes in the concept of parenthood and in parenting itself. As a part of those changes, Partify, a kids event-planning platform, has been leading the discourse around the Parentech Revolution. Being at the forefront of the space, we seek to discuss parentech and the opportunities it brings.
Companies like Partify have already garnered recognition in the rapidly growing parentech space, leveraging the 500 million investor dollars cycling through what’s been dubbed the “new mom economy, all the apps, gadgets, products and services targeting first-time Millennial parents with a child under the age of one”. Forbes has valued this industry at $46 billion, a number that will only increase as more millenial women become mothers.