Notably, FamTech companies create a more parent-friendly work environment. It’s a shame that the US isn’t traditionally a comfortable place to work and parent simultaneously — but it’s not.
The FamTech industry helps parents find more comfortable and natural ways to parent successfully, instead of the traditional “go it alone and burnout” route.
That said, Millennials are the generation with young families and new standards on the parenting experience. With 93% of Millennials owning smartphones, FamTech is developing to serve and uphold this group’s tech-savvy demands.
Parents need a new strategy to wear multiple hats successfully, and the FamTech industry aims to help lighten the loads for families. With well-suited insurance policies, FamTech companies can protect themselves from any legal issues and keep a sturdy foot in the game of longevity.