About Citizens Parking
Citizens Parking is a company based in New York (United States) founded in 2014 was acquired by Mubadala in December 2018.. Citizens Parking offers products and services including Parking Services and Branded Parking. Citizens Parking operates in a competitive market with competitors including Arrive, Parkmobile, AirGarage, Streetline and Smarking, among others.
- Headquarter New York, United States
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Sectors
Transportation, Automotive & Logistics
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Email
***********
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Phone
*********
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Website
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Social
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- Legal Name Reef Technology Inc
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Products & Services of Citizens Parking
Citizens Parking offers a comprehensive portfolio of products and services, including Parking Services and Branded Parking. 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.
Operation of urban parking facilities for businesses
Management of branded parking solutions across locations
Funding Insights of Citizens Parking
- Total Funding Total Funding
- Total Rounds 1
- Last Round Last Round
- First Round First Round
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Dec, 2018 | Amount | Debt – Conventional - Citizens Parking | Valuation |
investors |
| 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 Citizens Parking
Citizens Parking has secured backing from 3 investors, including venture fund and institutional investors. Prominent investors backing the company include Mubadala, ParkJockey and Owl Rock. 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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Private equity and debt financing are provided to mid-market companies.
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Founded Year | Domain | Location | |
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Sovereign wealth fund of United Arab Emirates
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Founded Year | Domain | Location | |
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Parking booking app
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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 Citizens 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 - Citizens 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 |
Citizens Parking Comparisons
Competitors of Citizens Parking
Citizens 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 Arrive, Parkmobile, AirGarage, Streetline and Smarking, 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 |
Tech-enabled platform for parking and mobility management solutions is provided.
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| domain | founded_year | HQ Location |
Parking spaces are booked via a mobile app platform.
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| domain | founded_year | HQ Location |
Tech-enabled platform offering comprehensive parking booking & management solutions
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| domain | founded_year | HQ Location |
Parking occupancy is detected using AI-enabled wireless sensors.
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| domain | founded_year | HQ Location |
SaaS parking management solutions are provided for operators worldwide.
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| domain | founded_year | HQ Location |
Parking management solutions are delivered through a SaaS platform.
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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 Citizens Parking
When was Citizens Parking founded?
Citizens Parking was founded in 2014 and raised its 1st funding round 4 years after it was founded.
Where is Citizens Parking located?
Citizens Parking is headquartered in New York, United States. It is registered at New York, New York, United States.
What does Citizens Parking do?
Citizens Parking was founded in 2014 and is headquartered in New York, United States. Operations are conducted in the parking management sector, with ownership of five brands: Lanier, ICON, Park One, AmeriPark, and Quik Park. Presence is maintained across 1200 locations, encompassing over 320,000 parking spots. Services provided include hardware solutions, software systems, and consultancy for parking operations.
Who are the top competitors of Citizens Parking?
Citizens Parking's top competitors include Arrive, AirGarage and Parkmobile.
What products or services does Citizens Parking offer?
Citizens Parking offers Parking Services and Branded Parking.
Who are Citizens Parking's investors?
Citizens Parking has 3 investors. Key investors include Mubadala, ParkJockey, and Owl Rock.
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