About NuPark
NuPark is a company based in Lubbock (United States) founded in 2013 by Stephen Lambert was acquired by T2 Systems in December 2021. NuPark has raised $2.44 million across 2 funding rounds from investors including T2 Systems, Passport and Techstars. NuPark offers products and services including Permits & Enforcement, PARCS, Mobile Payments, and Pay Stations. NuPark operates in a competitive market with competitors including Parkhub, FlashParking, Arrive, Metropolis and REEF, among others.
- Headquarter Lubbock, United States
- Founders Stephen Lambert
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Sectors
TechnologyTransportation, 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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Annual Revenue
Not available
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Net Profit
Not available
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EBITDA
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Total Equity Funding
$2.44 M (USD)
in 2 rounds
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Latest Funding Round
$1.04 M (USD), Seed
Oct 21, 2016
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Investors
T2 Systems
& 3 more
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Employee Count
Not available
- Acquired by
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Products & Services of NuPark
NuPark offers a comprehensive portfolio of products and services, including Permits & Enforcement, PARCS, Mobile Payments, and Pay Stations.
Software for managing parking permits and enforcement processes.
System for gateless access and revenue control in parking areas.
App-based tool for contactless parking fee payments.
Hardware and software for on-site parking payment handling.
Funding Insights of NuPark
NuPark has successfully raised a total of $2.44M across 2 strategic funding rounds. The most recent funding activity was a Seed round of $1.04 million completed in October 2016. 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.
Investors in NuPark
NuPark has secured backing from 4 investors, including venture fund investors. Prominent investors backing the company include T2 Systems, Passport and Techstars.
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Startups are accelerated globally without sector restrictions through structured programs.
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Seed capital is provided to startups by Lubbock Angel Network.
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Passport is recognized for providing parking management software solutions.
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Investor details for NuPark
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Investments & Acquisitions by NuPark
Investment portfolio details for NuPark
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Financial Statements - NuPark
Detailed financials for NuPark
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Nupark Comparisons
Peer comparison for NuPark
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Competitors of NuPark
NuPark 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, FlashParking, Arrive, Metropolis and REEF, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
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Provider of comprehensive parking management solutions
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Parking management systems are delivered via SaaS-enabled hardware and software.
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Tech-enabled platform for parking and mobility management solutions is provided.
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End-to-end parking management solutions are provided via an AI-enabled platform.
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REEF is focused on connecting goods and services to local neighborhoods through digital solutions.
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Parking management solutions for events and venues are provided.
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Detailed competitors of NuPark
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Latest news on Nupark
Complete news archive for NuPark
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Frequently Asked Questions about NuPark
NuPark was founded in 2013 and raised its 1st funding round 2 years after it was founded.
NuPark is headquartered in Lubbock, United States. It is registered at Lubbock, Texas, United States.
NuPark is a funded company, having raised a total of $2.44M across 2 funding rounds to date.
NuPark was founded in 2013 in Lubbock, United States, and operates in the parking technology sector. A cloud-based platform is offered for parking enforcement, permit management, access control, and event handling through license plate recognition. Automation of parking systems is enabled, including gate operations based on vehicle plates, spot reservations, and contactless payments, with deployment across various facilities.
NuPark's top competitors include Arrive, Parkhub and Metropolis.
NuPark offers Permits & Enforcement, PARCS, Mobile Payments, and Pay Stations.
NuPark has 4 investors. Key investors include T2 Systems, Passport, Techstars, and Lubbock Angel Network.