About NuPark
NuPark is a Technology company based in Lubbock (United States) founded in 2013 by Stephen Lambert, and was acquired by T2 Systems in December 2021. Cloud-based parking management solutions using license plate recognition are provided. It operates in the Technology and Transportation, Automotive & Logistics sectors. NuPark has raised $2.44 million across 2 funding rounds from investors including T2 Systems, Passport and Techstars. Its website nupark.com draws about 14 thousand monthly visits. NuPark offers products and services including Permits & Enforcement, PARCS, Mobile Payments, and Pay Stations. Its focus areas include High Tech, Smart Cities, Smart Mobility and Parking Management. Its competitors include Parkhub, FlashParking and Arrive; 3 of its 3 listed competitors have raised funding.
Company details
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.
- Headquarters Lubbock, United States
- Founders Stephen Lambert
- Stage Acquired
- SectorsTechnologyTransportation, Automotive & Logistics
- Email••••••••
- Website nupark.com
- Social LinkedIn X Facebook
- Acquired by T2 Systems (Dec 2021)
- Total Equity Funding$2.44M (USD)
in 2 rounds
- Latest Funding Round$1.04M (USD), Seed
Oct 2016
- InvestorsT2 Systems
& 3 more
- Acquired by
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.
- Total Funding $2.44M
- Total Rounds 2
- Last Round Seed — $1.04M
- First Round $1.4M
(Sep 2015)
- Investors Count 2
All 2 funding rounds of NuPark 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 |
|---|---|---|---|---|---|
| Oct 2016 | $1.04M | Seed | – | Techstars, Lubbock Angel Network | – |
| Sep 2015 | $1.4M | Seed | – | – | – |
4 investors in total: 4 institutional.
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.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Startups are accelerated globally without sector restrictions through structured programs. | 2006 | techstars.com | New York, United States | |
Seed capital is provided to startups by Lubbock Angel Network. | 2015 | lubbockangelnetwork.com | Lubbock, United States | |
Passport is recognized for providing parking management software solutions. | 2010 | passportinc.com | Wilmington, United States | |
Parking management solutions for events and venues are provided. | 1994 | t2systems.com | Indianapolis, United States |
Investor details for NuPark
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.
People of NuPark
1 people are tracked at NuPark (1 in leadership).
| Name | Role | Group |
|---|---|---|
Stephen Lambert | Co-Founder & CTO | Leadership |
Complete people profiles for NuPark
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
Timeline of NuPark
5 dated milestones of NuPark across 8 years, from founding to its latest funding, stage changes and deals.
- Founded NuPark is founded.
- Funding First funding round of $1.4M.
- Funding Latest funding round, Seed, of $1.0M.
- Exit Acquired by Passport.
- Exit Acquired by T2 Systems.
Competitors of NuPark
NuPark has 3 listed competitors in our database, 3 of them funded. They include Parkhub, FlashParking and Arrive.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| parkhub.com | 2010 | Dallas, United States | $15.61M | 59 | Provider of comprehensive parking management solutions | |
| flashparking.com | 2011 | Austin, United States | $314.3M | Parking management systems are delivered via SaaS-enabled hardware and software. | ||
| arrive.com | 2006 | Chicago, United States | $65.3M | 1 | Tech-enabled platform for parking and mobility management solutions is provided. |
Detailed competitors of NuPark
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
- Benchmarks
- Competitive positioning
Verified entity values are shown only after access is granted.
Web traffic of NuPark
The website of NuPark (nupark.com) receives about 14.3K visits a month.
- Monthly visits14.3K
▼ 1.2% vs previous month
Websites whose visitors overlap most with NuPark. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
quikpayasp.com | quikpayasp.com | 100% | #15,227 | – | |
uwb.edu | uwb.edu | 91% | #146,636 | – | |
| slu.edu | 90% | 1.6M | #32,842 | View details | |
| nova.edu | 90% | 1.3M | #45,180 | View details | |
maps.rutgers.edu | maps.rutgers.edu | 88% | #181,138 | – | |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 11 similar websites and full traffic analytics for NuPark
The complete similar-websites list, audience overlap and engagement analytics require an active premium plan.
- 11 similar websites
- Audience overlap
- Engagement analytics
- Traffic by brand
Verified entity values are shown only after access is granted.
Top companies in Smart Infrastructure & Cities
3 companies that operate in the same segment as NuPark (Smart Infrastructure & Cities) in United States, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Web3 infrastructure solutions are offered via a blockchain platform. | 2021 | Palo Alto, California, United States | USD 336 M | 186 | ||
Blockchain-based public network for financial industry is operated. | 2018 | Brooklyn, New York, United States | USD 368 M | 480 | ||
Online platform for blockchain and smart contract cybersecurity | 2017 | New York, New York, United States | USD 296.15 M | 210 |
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
Related news about Nupark
Complete news archive for NuPark
Full article history, source details, and older brand coverage require an active premium plan.
- Full article archive
- Source and publication date
- Older coverage
- Brand-specific news history
Verified entity values are shown only after access is granted.
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. The company's 1st funding round was a Seed of $1.4M, raised on Sep 2015.
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 FlashParking.
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.
Yes. NuPark was acquired by T2 Systems in December 2021.