About FlashParking
FlashParking is a company based in Austin (United States) founded in 2011 by Dean Cleaver and Juan Rodriguez.. FlashParking has raised $313 million across 5 funding rounds from investors including Vantage Infrastructure, Vista Equity Partners and L Catterton. FlashParking has completed 4 acquisitions, including Ballpark Digest, OmniPark and ParkIt. FlashParking offers products and services including Parking Technology, Demand Network, and Business Intelligence. FlashParking operates in a competitive market with competitors including Parkhub, Arrive, Metropolis, REEF and T2 Systems, among others.
- Headquarter Austin, United States
- Founders Dean Cleaver, Juan Rodriguez
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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 Flashparking, Inc
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$313 M (USD)
in 5 rounds
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Latest Funding Round
$85 M (USD), Debt – Conventional
Sep 09, 2024
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Investors
Vantage Infrastructure
& 4 more
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Employee Count
Employee Count
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Investments & Acquisitions
Ballpark Digest
& 3 more
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Products & Services of FlashParking
FlashParking offers a comprehensive portfolio of products and services, including Parking Technology, Demand Network, and Business Intelligence. 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.
Manages parking operations and enhances revenue through automation.
Connects drivers to parking locations for increased accessibility.
Provides data insights to optimize pricing and yield for operators.
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Funding Insights of FlashParking
FlashParking has successfully raised a total of $313M across 5 strategic funding rounds. The most recent funding activity was a Debt – Conventional round of $85 million completed in September 2024. 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 5
- Last Round Debt – Conventional — $85.0M
- First Round First Round
- Investors Count 5
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Sep, 2024 | Amount | Debt – Conventional - FlashParking | Valuation |
investors |
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| Mar, 2022 | Amount | Series D - FlashParking | Valuation | Vista Equity Partners | |
| Jan, 2020 | Amount | Series C - FlashParking | Valuation | L Catterton |
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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 FlashParking
FlashParking has secured backing from 5 investors, including venture fund investors. Prominent investors backing the company include Vantage Infrastructure, Vista Equity Partners and L Catterton. 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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Investments are directed toward high-growth enterprise software and technology companies.
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Founded Year | Domain | Location | |
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L Catterton is recognized as a leading consumer-focused private equity group.
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Founded Year | Domain | Location | |
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Global private equity and venture capital investments in B2B Tech & Services companies.
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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 FlashParking
FlashParking has strategically engaged in corporate development activities, having acquired 4 companies. Notable acquisitions include Ballpark Digest, OmniPark and ParkIt. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| 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 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Cloud-based parking management software is provided for operators.
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2017 | ||||
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Parking management solution provider
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2008 | ||||
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Baseball services and resources are delivered via online platform.
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2002 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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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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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - FlashParking
| 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 |
Flashparking Comparisons
Competitors of FlashParking
FlashParking 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 Parkhub, Arrive, Metropolis, REEF and T2 Systems, 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 |
Provider of comprehensive parking management solutions
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| 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 |
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 |
|---|---|---|---|---|
| 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 Flashparking
Frequently Asked Questions about FlashParking
When was FlashParking founded?
FlashParking was founded in 2011 and raised its 1st funding round 4 years after it was founded.
Where is FlashParking located?
FlashParking is headquartered in Austin, United States. It is registered at Austin, Texas, United States.
Who is the current CEO of FlashParking?
Christopher Donus is the current CEO of FlashParking.
Is FlashParking a funded company?
FlashParking is a funded company, having raised a total of $313M across 5 funding rounds to date. The company's 1st funding round was a Series C of $60M, raised on Dec 01, 2015.
What does FlashParking do?
FlashParking was founded in 2011 in Austin, United States, and operates in the parking management sector. Hardware solutions such as kiosks, gates, and cash machines are provided alongside a cloud-based platform. Features include integration management, revenue management, contactless payments, and parking integrations like LPR, AVI, and digital signage. Operations focus on SaaS-enabled systems for urban parking infrastructure.
Who are the top competitors of FlashParking?
FlashParking's top competitors include Arrive, Parkhub and Metropolis.
What products or services does FlashParking offer?
FlashParking offers Parking Technology, Demand Network, and Business Intelligence.
How many acquisitions has FlashParking made?
FlashParking has made 4 acquisitions, including Ballpark Digest, OmniPark, and ParkIt.
Who are FlashParking's investors?
FlashParking has 5 investors. Key investors include Vantage Infrastructure, Vista Equity Partners, L Catterton, Baird Capital, and Austin Ventures.
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