About KaChing Parking
KaChing Parking is a Transportation, Automotive & Logistics company based in Johannesburg (South Africa) founded in 2014, and was acquired by Servest in November 2016. Parking solution payment management app. Its focus areas include Consumer, Road Transport Tech, Parking and Parking Spot. Its competitors include ParkUpp and RentMyBay.
Company details
Founded in 2014 in Johannesburg, South Africa, KaChing Parking operates in the mobility and parking technology sector. License plates are scanned by cameras at parking entrances to enable automatic boom opening. Real-time verification of parking duration and costs is offered, with payments processed via the app. The platform is accessible on both iOS and Android devices for users in urban areas.
Apps and channels of KaChing Parking
KaChing Parking publishes 1 mobile app.
Funding Insights of KaChing Parking
- Total Rounds 1
- Investors Count 1
All 1 funding rounds of KaChing Parking with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Nov 2016 | Private Equity Round | – | – |
2 investors in total: 2 institutional.
Investors in KaChing Parking
KaChing Parking has secured backing from 2 investors, including institutional investors. Prominent investors backing the company include Servest and Tritech Global.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Tritech Global is engaged in technology investment across multiple verticals. | tritechmedia.co.za | Benmore Gardens, South Africa | ||
Facility management services are provided across South Africa. | 1998 | servest.co.za | Cape Town, South Africa |
Investor details for KaChing Parking
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
Timeline of KaChing Parking
3 dated milestones of KaChing Parking across 2 years, from founding to its latest funding, stage changes and deals.
- Founded KaChing Parking is founded.
- Exit Acquired by Servest.
- Funding First funding round.
Competitors of KaChing Parking
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| parkupp.co.za | 2016 | Cape Town, South Africa | Online marketplace for on-demand parking spaces | |||
| rentmybay.co.za | 2018 | Cape Town, South Africa | Offers a peer-to-peer online platform for booking parking spaces. |
Detailed competitors of KaChing Parking
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Frequently Asked Questions about KaChing Parking
KaChing Parking was founded in 2014 and raised its 1st funding round 2 years after it was founded.
KaChing Parking is headquartered in Johannesburg, South Africa. It is registered at Johannesburg, Gauteng, South Africa.
Founded in 2014 in Johannesburg, South Africa, KaChing Parking operates in the mobility and parking technology sector. License plates are scanned by cameras at parking entrances to enable automatic boom opening. Real-time verification of parking duration and costs is offered, with payments processed via the app. The platform is accessible on both iOS and Android devices for users in urban areas.
KaChing Parking has 2 investors. Key investors include Servest, and Tritech Global.
Yes. KaChing Parking was acquired by Servest in November 2016.
Yes. KaChing Parking publishes KaChing Parking.