About HonkMobile
HonkMobile is a company based in Toronto (Canada) founded in 2013.. HonkMobile has raised $3 million across 1 funding round from investors including Impression Ventures. HonkMobile offers products and services including Parking Software, Payment Solutions, and Business Intelligence. HonkMobile operates in a competitive market with competitors including hangTag, clicknpark, Green P, ParkChamp and iStall, among others.
- Headquarter Toronto, Canada
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Sectors
Financial ServicesTransportation, Automotive & Logistics
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Phone
*********
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Website
*********
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Social
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- Legal Name Honk Mobile 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
$3 M (USD)
in 1 rounds
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Latest Funding Round
$3 M (USD), Seed
Oct 02, 2015
- Investors
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Employee Count
Employee Count
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Products & Services of HonkMobile
HonkMobile offers a comprehensive portfolio of products and services, including Parking Software, Payment Solutions, 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.
Software for efficient parking operations and integrations
System for quick and seamless parking fee settlements
Tools for smart analytics in parking management
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Funding Insights of HonkMobile
HonkMobile has successfully raised a total of $3M through 1 strategic funding round. The most recent funding activity was a Seed round of $3 million completed in October 2015. 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 1
- Last Round Seed — $3.0M
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First Round
First Round
(02 Oct 2015)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Oct, 2015 | Amount | Seed - HonkMobile | Valuation | Impression 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 HonkMobile
HonkMobile has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include Impression Ventures. 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 by Impression Ventures toward fintech startups.
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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 HonkMobile
| 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 - HonkMobile
| 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 |
Honkmobile Comparisons
Competitors of HonkMobile
HonkMobile 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 hangTag, clicknpark, Green P, ParkChamp and iStall, 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 |
Mobile app for paying and managing parking sessions easily.
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| domain | founded_year | HQ Location |
Mobile app for booking parking spots in advance across various locations.
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| domain | founded_year | HQ Location |
Provides app-based solutions for parking payments and management.
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| domain | founded_year | HQ Location |
Offers an app-based platform for booking parking spaces.
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| domain | founded_year | HQ Location |
Platform for renting unused parking spaces and paying fines securely.
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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 Honkmobile
Frequently Asked Questions about HonkMobile
When was HonkMobile founded?
HonkMobile was founded in 2013 and raised its 1st funding round 2 years after it was founded.
Where is HonkMobile located?
HonkMobile is headquartered in Toronto, Canada. It is registered at Toronto, Ontario, Canada.
Is HonkMobile a funded company?
HonkMobile is a funded company, having raised a total of $3M across 1 funding round to date. The company's 1st funding round was a Seed of $3M, raised on Oct 02, 2015.
What does HonkMobile do?
HonkMobile was founded in 2013 in Toronto, Canada, as an app-based platform in the parking sector. Operations focus on North American locations, where space owners are allowed to list properties for rent. Users are provided with tools to search available spots, compare options, book reservations, and complete payments after submitting required information. The service facilitates peer-to-peer parking transactions through mobile access.
Who are the top competitors of HonkMobile?
HonkMobile's top competitors include hangTag, clicknpark and Green P.
What products or services does HonkMobile offer?
HonkMobile offers Parking Software, Payment Solutions, and Business Intelligence.
Who are HonkMobile's investors?
HonkMobile has 1 investor. Key investors include Impression Ventures.