Hi-Park Solutions

Tel Aviv, Israel Founded: 2013 • Age: 13 yrs
Real-time parking navigation app for drivers using AI and community data.
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About Hi-Park Solutions

Hi-Park Solutions is a company based in Tel Aviv (Israel) founded in 2013. It operates as a B2C. Hi-Park Solutions has raised $11.5 million across 2 funding rounds from investors including EIC Fund. Hi-Park Solutions offers products and services including Smartphone App, Parking Solution, and White Label Solution. Hi-Park Solutions operates in a competitive market with competitors including Arrive, Parkhub, Otonomo, FlashParking and Metropolis, among others.

  • Headquarter Tel Aviv, Israel
  • Sectors
    Transportation, Automotive & Logistics
    Business Services
  • Phone
    *********
  • Website
    *********
Operational Areas
Transportation, Automotive & Logistics → Road Transportation & Transit Systems → →
Business Services → Facility, Security & Field Operations → →
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Total Equity Funding
    $11.5 M (USD)

    in 2 rounds

  • Latest Funding Round
    $11.5 M (USD), Series A

    Apr 15, 2017

  • Investors
    EIC Fund
  • Employee Count
    Employee Count
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Products & Services of Hi-Park Solutions

Hi-Park Solutions offers a comprehensive portfolio of products and services, including Smartphone App, Parking Solution, and White Label Solution. 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.

Primary

App for real-time parking guidance using AI and community data.

Platform providing step-by-step parking routes to reduce congestion.

Tailored parking tech for businesses and integrations.

Funding Insights of Hi-Park Solutions

Hi-Park Solutions has successfully raised a total of $11.5M across 2 strategic funding rounds. The most recent funding activity was a Series A round of $11.5 million completed in April 2017. 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 Rounds 2
  • Last Round Series A — $11.5M
  • First Round

    (31 Mar 2016)

  • Investors Count 1
Date Amount Transaction Name Valuation Lead Investors Investors
Apr, 2017 Amount Series A - Hi-Park Solutions Valuation

investors
Mar, 2016 Amount Grant - Hi-Park Solutions Valuation

investors
EIC Fund
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors
Emtek
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners
Jan, 2021 Amount Post-IPO - Grab Valuation

investors
Hana Financial Group , GGV Capital
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners

Investors in Hi-Park Solutions

Hi-Park Solutions has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include EIC Fund. 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.

All
Venture Fund
Investor Description Founded Year Domain Location
EIC Fund
Government agency and accelerator focusing on innovative startups and SMEs
Founded Year Domain Location
Investor Description Founded Year Domain Location
Amitabh Bachchan family office
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Signite Partners
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Sixteenth Street Capital
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
GGV Capital
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by Hi-Park Solutions

Investments
Company Name Description Domain Location Founded Year Amount
Bento Cloud
Bionic investment advisor platform
2016
48East
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
GrabKios by Kudo
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
48East
Fine Asian gourmet food is offered by an internet-first restaurant.
2016

Financial Statements - Hi-Park Solutions

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors
Emtek
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners
Jan, 2021 Amount Post-IPO - Grab Valuation

investors
Hana Financial Group , GGV Capital
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners

Hi-Park Solutions Comparisons

Employees
+
Add Comparison
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Competitors of Hi-Park Solutions

Hi-Park Solutions 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, Otonomo, FlashParking and Metropolis, 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
Arrive
domain founded_year HQ Location
Tech-enabled platform for parking and mobility management solutions is provided.
Parkhub
domain founded_year HQ Location
Provider of comprehensive parking management solutions
Otonomo
domain founded_year HQ Location
Online platform offering a data marketplace for the automotive sector
FlashParking
domain founded_year HQ Location
Parking management systems are delivered via SaaS-enabled hardware and software.
Metropolis
domain founded_year HQ Location
End-to-end parking management solutions are provided via an AI-enabled platform.
REEF
domain founded_year HQ Location
REEF is focused on connecting goods and services to local neighborhoods through digital solutions.
Company Name Domain Founded year HQ Location Description
inDrive
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
Bolt
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
Gojek
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
Dunzo
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Hi-Park Solutions

Frequently Asked Questions about Hi-Park Solutions

When was Hi-Park Solutions founded?

Hi-Park Solutions was founded in 2013 and raised its 1st funding round 3 years after it was founded.

Where is Hi-Park Solutions located?

Hi-Park Solutions is headquartered in Tel Aviv, Israel.

Is Hi-Park Solutions a funded company?

Hi-Park Solutions is a funded company, having raised a total of $11.5M across 2 funding rounds to date. The company's 1st funding round was a Grant of $56.56K, raised on Mar 31, 2016.

What does Hi-Park Solutions do?

Hi-Park is a platform that utilizes computer vision and machine learning to assist drivers in finding street parking quickly and efficiently. It operates through a smartphone app that offers real-time routes and navigation, leveraging a crowd-sourced community to reduce traffic congestion and save time. The service includes features like step-by-step parking guidance and white-label solutions, aimed at urban mobility users without specified locations.

Who are the top competitors of Hi-Park Solutions?

Hi-Park Solutions's top competitors include Arrive, Parkhub and Metropolis.

What products or services does Hi-Park Solutions offer?

Hi-Park Solutions offers Smartphone App, Parking Solution, and White Label Solution.

Who are Hi-Park Solutions's investors?

Hi-Park Solutions has 1 investor. Key investors include EIC Fund.

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