About Best Parking
Best Parking is a company based in New York (United States) founded in 2005 was acquired by Arrive in January 2016.. The company has 411 employees as of December 31, 2021. Best Parking offers products and services including BestParking App and Parking Booking Service. Best Parking operates in a competitive market with competitors including SpotHero, Way, The Parking Spot, Parkade and Park 'N Fly, among others.
- Headquarter New York, United States
- Employees 411 as on 31 Dec, 2021
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Sectors
Transportation, Automotive & Logistics
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Parkwhiz, Inc.
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Products & Services of Best Parking
Best Parking offers a comprehensive portfolio of products and services, including BestParking App and Parking Booking Service. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Mobile app for searching, booking, and managing parking spots efficiently.
Service for comparing prices and reserving spaces in advance.
Funding Insights of Best Parking
- Total Funding Total Funding
- Total Rounds 1
- Last Round Grant — $60,000
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First Round
First Round
(23 Feb 2014)
- Investors Count Investors Count
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Feb, 2014 | Amount | Grant - Best Parking | Valuation |
investors |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Best Parking
Best Parking has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include Arrive. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Tech-enabled platform for parking and mobility management solutions is provided.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Best Parking
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Best Parking
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Best Parking Comparisons
Competitors of Best Parking
Best Parking operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as SpotHero, Way, The Parking Spot, Parkade and Park 'N Fly, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Parking reservations are enabled by an app-based platform.
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| domain | founded_year | HQ Location |
App-based platform to find car parking, auto insurance & car wash services
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| domain | founded_year | HQ Location |
Airport parking is provided via online bookings and shuttle services.
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| domain | founded_year | HQ Location |
Peer-to-peer parking spaces are booked via a mobile app.
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| domain | founded_year | HQ Location |
Airport parking spaces are scouted and booked via mobile app.
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| domain | founded_year | HQ Location |
Provides integrated mobile technology for parking services and solutions.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Frequently Asked Questions about Best Parking
When was Best Parking founded?
Best Parking was founded in 2005 and raised its 1st funding round 9 years after it was founded.
Where is Best Parking located?
Best Parking is headquartered in New York, United States. It is registered at New York, New York, United States.
How many employees does Best Parking have?
As of Dec 31, 2021, the latest employee count at Best Parking is 411.
What does Best Parking do?
BestParking is a parking search engine that provides drivers with parking facilities in 105 cities and 115 airports throughout North America. Claims over 750,000 monthly users who can compare prices at over 12,000 parking facilities. Works through partnership. BestParkings Parking Partners include Edison Park Fast, Icon Parking Systems, Quick Park, and other major operators. BestParkings data is distributed via BestParking.com.
Who are the top competitors of Best Parking?
Best Parking's top competitors include Way, SpotHero and The Parking Spot.
What products or services does Best Parking offer?
Best Parking offers BestParking App and Parking Booking Service.
Who are Best Parking's investors?
Best Parking has 1 investor. Key investors include Arrive.
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