About Cleverciti
Cleverciti is a company based in Munchen (Germany) founded in 2010 by Konrad Prinz- Dreher was acquired by Parkhelp in November 2025.. Cleverciti has raised $36.6 million across 4 funding rounds from investors including D’Ieteren Auto, KfW and Parkhelp. Cleverciti operates in a competitive market with competitors including Arrive, Parkhub, FlashParking, Metropolis and REEF, among others.
- Headquarter Munchen, Germany
- Founders Konrad Prinz- Dreher
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Sectors
TechnologyTransportation, Automotive & Logistics
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Phone
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Website
*********
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Social
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$36.6 M (USD)
in 4 rounds
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Latest Funding Round
$5.6 M (USD), Series A
Oct 14, 2020
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Investors
D’Ieteren Auto
& 7 more
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Employee Count
Employee Count
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Acquired by
Parkhelp
(Nov 03, 2025)
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Funding Insights of Cleverciti
Cleverciti has successfully raised a total of $36.6M across 4 strategic funding rounds. The most recent funding activity was a Series A round of $5.6 million completed in October 2020. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 4
- Last Round Series A — $5.6M
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First Round
First Round
(17 Nov 2015)
- Investors Count 7
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Oct, 2020 | Amount | Series A - Cleverciti | Valuation | SPDG Ventures | |
| May, 2018 | Amount | Series A - Cleverciti | Valuation | The Westly Group , EnBW New Ventures | |
| Jan, 2018 | Amount | Series A - Cleverciti | Valuation | EnBW New Ventures |
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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 Cleverciti
Cleverciti has secured backing from 8 investors, including institutional and venture fund investors. Prominent investors backing the company include D’Ieteren Auto, KfW and Parkhelp. 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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Corporate venture capital is provided by EnBW New Ventures to support sustainable infrastructure startups.
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Founded Year | Domain | Location | |
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US focused VC firm
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Founded Year | Domain | Location | |
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Operates as a diversified portfolio management firm for clients.
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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 Cleverciti
| 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 - Cleverciti
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| 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 |
Cleverciti Comparisons
Competitors of Cleverciti
Cleverciti 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, Parkhub, FlashParking, Metropolis and REEF, 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 |
Provider of comprehensive parking management solutions
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| domain | founded_year | HQ Location |
Parking management systems are delivered via SaaS-enabled hardware and software.
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| domain | founded_year | HQ Location |
End-to-end parking management solutions are provided via an AI-enabled platform.
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| domain | founded_year | HQ Location |
REEF is focused on connecting goods and services to local neighborhoods through digital solutions.
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| domain | founded_year | HQ Location |
Parking management solutions for events and venues are provided.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| 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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Latest news on Cleverciti
Frequently Asked Questions about Cleverciti
When was Cleverciti founded?
Cleverciti was founded in 2010 and raised its 1st funding round 5 years after it was founded.
Where is Cleverciti located?
Cleverciti is headquartered in Munchen, Germany. It is registered at Munchen, Bayern, Germany.
Is Cleverciti a funded company?
Cleverciti is a funded company, having raised a total of $36.6M across 4 funding rounds to date. The company's 1st funding round was a Series A of $13M, raised on Nov 17, 2015.
What does Cleverciti do?
Cleverciti Systems is a provider of smart parking solutions. The company has developed a cost-effective and smart on-streetopen-air parking system and sensor technology. Each sensor detects and analyzes up to 100 parking spaces. The parking app provides live information about free and occupied parking spaces in the city and guides users directly to the nearest free space at their destination.
Who are the top competitors of Cleverciti?
Cleverciti's top competitors include Arrive, Parkhub and Metropolis.
Who are Cleverciti's investors?
Cleverciti has 8 investors. Key investors include D’Ieteren Auto, KfW, Parkhelp, SPDG Ventures, and EnBW New Ventures.