FlashParking

Austin, United States Founded: 2011 • Age: 15 yrs Unicorn
Parking management systems are delivered via SaaS-enabled hardware and software.

About FlashParking

FlashParking is a Transportation, Automotive & Logistics company based in Austin (United States) founded in 2011 by Dean Cleaver and Juan Rodriguez. Parking management systems are delivered via SaaS-enabled hardware and software. FlashParking has raised $314.3 million across 5 funding rounds from investors including Vantage Infrastructure, Vista Equity Partners and L Catterton. The company has 748 employees. FlashParking has completed 4 acquisitions, including Ballpark Digest, OmniPark and ParkIt. FlashParking was last valued at $1 billion in March 2022. Its chief executive, as recorded, is Christopher Donus. Its website flashparking.com draws about 33 thousand monthly visits. FlashParking offers products and services including Parking Technology, Demand Network, and Business Intelligence. Its focus areas include Consumer, Road Transport Tech, Parking and Technology Enablers. Its legal entity is FLASHPARKING, INC. Its competitors include Parkhub, Arrive and Metropolis; 3 of its 3 listed competitors have raised funding.

Company details

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.

  • Headquarters Austin, United States
  • Employees 748
  • Founders Dean Cleaver, Juan Rodriguez
  • Stage Unicorn
  • Sectors
    Transportation, Automotive & Logistics
  • Website category Business and Consumer Services · Business Services
  • Email
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  • Phone
    β€’β€’β€’β€’ β€’β€’β€’β€’
  • Website flashparking.com
  • Social LinkedIn X Facebook
  • Legal Name Flashparking, Inc
Key Metrics
  • Total Equity Funding
    $314.3M (USD)

    in 5 rounds

  • Latest Funding Round
    $85M (USD), Debt – Conventional

    Sep 2024

  • Investors
  • Employee Count
    748
  • Investments & Acquisitions

Products & Services of FlashParking

FlashParking offers a comprehensive portfolio of products and services, including Parking Technology, Demand Network, and Business Intelligence.

Parking Technology
Platform

Manages parking operations and enhances revenue through automation.

Demand Network
Network

Connects drivers to parking locations for increased accessibility.

Business Intelligence
Analytics

Provides data insights to optimize pricing and yield for operators.

Funding Insights of FlashParking

FlashParking has successfully raised a total of $314.3M 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 $314.3M
  • Total Rounds 5
  • Last Round Debt – Conventional β€” $85M
  • Investors Count 13

All 5 funding rounds of FlashParking with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
Sep 2024$85MDebt – Conventional––
Mar 2022$250MSeries D–Vista Equity Partners
Jan 2020$60MSeries C–L Catterton
–
Nov 2016$3MSeries A––
Dec 2015Seed–Baird Capital
–
Valuation history
DateValuationStage
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Last known valuation $1B (Mar 2022). 13 investors in total: 13 institutional.

Investors in FlashParking

FlashParking has secured backing from 13 investors, including venture fund investors. Prominent investors backing the company include Vantage Infrastructure, Vista Equity Partners and L Catterton.

All
Venture Fund
InvestorDescriptionFounded YearDomainLocation
Investments are directed toward high-growth enterprise software and technology companies.
vistaequitypartners.comAustin, United States
L Catterton is recognized as a leading consumer-focused private equity group.
lcatterton.comGreenwich, United States
Global private equity and venture capital investments in B2B Tech & Services companies.
bairdcapital.com
Venture capital investments in Texas-based companies.
austinventures.com
Early-stage venture capital fund focused on real estate technology.
alatepartners.comToronto, Canada
Early and growth-stage technology companies are invested in.
annoxcapital.comBirmingham, United States
Private equity investments are directed toward professional athletes.
pco.comNew York, United States
Porthcawl Holdings is engaged in private equity investments.
porthcawlholdings.com
Venture capital funding is provided to early-stage startups.
geekdomfund.com
g51.com
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Investor details for FlashParking

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People of FlashParking

3 people are tracked at FlashParking (3 in leadership); the tracked headcount is 748.

NameRoleGroup
Dean Cleaver
Co-Founder & CTOLeadership
Juan Rodriguez
Co-FounderLeadership
Christopher Donus
CEOLeadership
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Investments & Acquisitions by FlashParking

FlashParking has strategically engaged in corporate development activities, having acquired 4 companies. Notable acquisitions include Ballpark Digest, OmniPark and ParkIt.

Acquisitions
Company NameDescriptionDomainLocationFoundedAcquiredAmount
Baseball services and resources are delivered via online platform.
ballparkdigest.comMinneapolis, United States2002Jun 2022β€’β€’β€’β€’
Parking management systems and hardware are provided for infrastructure development.
ticketech.comNew York, United States1972Apr 2022β€’β€’β€’β€’
Parking management solution provider
omnipark.comSpokane, United States2008Jul 2021β€’β€’β€’β€’
Cloud-based parking management software is provided for operators.
parkit.marketFort Collins, United States2017Mar 2021β€’β€’β€’β€’
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Timeline of FlashParking

8 dated milestones of FlashParking across 13 years, from founding to its latest funding, stage changes and deals.

  1. Founded FlashParking is founded.
  2. Funding First funding round.
  3. Acquisition Acquires ParkIt.
  4. Acquisition Acquires OmniPark.
  5. Milestone Reaches Unicorn status.
  6. Acquisition Acquires Ticketech.
  7. Acquisition Acquires Ballpark Digest.
  8. Funding Latest funding round, Debt – Conventional, of $85.0M.

Competitors of FlashParking

FlashParking has 3 listed competitors in our database, 3 of them funded. They include Parkhub, Arrive and Metropolis.

Company NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
parkhub.com2010Dallas, United States$15.61M59
Provider of comprehensive parking management solutions
arrive.com2006Chicago, United States$65.3M1
Tech-enabled platform for parking and mobility management solutions is provided.
metropolis.io2017Los Angeles, United States$332.92M92
End-to-end parking management solutions are provided via an AI-enabled platform.
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Detailed competitors of FlashParking

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Web traffic of FlashParking

The website of FlashParking (flashparking.com) receives about 33.1K visits a month and ranks #1,012,964 among all websites worldwide, #8,280 in Business Services.

  • Monthly visits
    33.1K

    ▲ 1.5% vs previous month

  • Unique visitors
    14.3K

    per month

  • Global rank
    #1,012,964

    among all websites

  • Category rank
    #8,280

    Business and Consumer Services · Business Services

Similar websites

Websites whose visitors overlap most with FlashParking. Affinity shows how closely the audiences match.

WebsiteDomainAudience affinityMonthly visitsGlobal rankProfile
metropolis.io
100%
1.8M#26,430View details
parking.net
100%
#698,019View details
iowasudas.org
iowasudas.org
30%
#2,014,352–
chexology.com
30%
9.4K#1,959,858View details
provalet.io
30%
#2,758,083View details
β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
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Top companies in Road Transport Tech

3 companies that operate in the same segment as FlashParking (Road Transport Tech) in United States, ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
An online platform providing ride-hailing and food delivery services
2009San Francisco, California, United StatesUSD 13.21 BUSD 52.02 B34,000
Electric kick-scooters are rented through an app-based platform.
2017Miami, Florida, United StatesUSD 765 MUSD 244.66 M953
Self-driving vehicle solutions are developed and deployed for transportation.
2009Mountain View, California, United StatesUSD 27.1 B
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Related news about Flashparking

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Frequently Asked Questions about FlashParking

FlashParking was founded in 2011 and raised its 1st funding round 4 years after it was founded.

FlashParking is headquartered in Austin, United States. It is registered at Austin, Texas, United States.

Christopher Donus is the CEO of FlashParking, as recorded in our data.

FlashParking is a funded company, having raised a total of $314.3M across 5 funding rounds to date.

FlashParking has 748 employees.

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.

FlashParking's top competitors include Arrive, Parkhub and Metropolis.

FlashParking offers Parking Technology, Demand Network, and Business Intelligence.

FlashParking has made 4 acquisitions, including Ballpark Digest, OmniPark, and ParkIt.

FlashParking has 13 investors. Key investors include Vantage Infrastructure, Vista Equity Partners, L Catterton, Baird Capital, and Austin Ventures.

The valuation of FlashParking is $1B as of Mar 2022.

FlashParking operates through Flashparking, Inc.

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