About Park 'N Fly
Park 'N Fly is a company based in Atlanta (United States) founded in 1967 was acquired by The Parking Spot in February 2024.. The company has 678 employees as of December 31, 2016. Park 'N Fly offers products and services including Parking App, Shuttle Service, Valet Parking, and Loyalty Program. Park 'N Fly operates in a competitive market with competitors including SpotHero, Way, The Parking Spot, Parkade and QP QuickPay Parking, among others.
- Headquarter Atlanta, United States
- Employees 678 as on 31 Dec, 2016
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Sectors
Transportation, 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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- Legal Name Park N Fly Inc
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Annual Revenue
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Net Profit
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EBITDA
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Latest Funding Round
- Investors
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Employee Count
678
as on Dec 31, 2016
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Acquired by
The Parking Spot
(Feb 07, 2024)
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Products & Services of Park 'N Fly
Park 'N Fly offers a comprehensive portfolio of products and services, including Parking App, Shuttle Service, Valet Parking, and Loyalty Program. 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.
App for reserving and managing airport parking spots easily.
Shuttle to transport customers from parking lots to airport terminals.
Option for key handover and vehicle parking assistance at locations.
Program offering discounts and free parking for frequent users.
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Funding Insights of Park 'N Fly
| 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 Park 'N Fly
Park 'N Fly has secured backing from 1 investor. Prominent investors backing the company include The Parking Spot. 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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Airport parking is provided via online bookings and shuttle services.
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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 Park 'N Fly
| 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 - Park N Fly
| 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 |
Park 'N Fly Comparisons
Competitors of Park 'N Fly
Park 'N Fly 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 SpotHero, Way, The Parking Spot, Parkade and QP QuickPay Parking, 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 |
Parking reservations are enabled by an app-based platform.
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| domain | founded_year | HQ Location |
App-based platform to find car parking, auto insurance & car wash services
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| domain | founded_year | HQ Location |
Airport parking is provided via online bookings and shuttle services.
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| domain | founded_year | HQ Location |
Peer-to-peer parking spaces are booked via a mobile app.
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| domain | founded_year | HQ Location |
Provides integrated mobile technology for parking services and solutions.
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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 Park 'N Fly
Frequently Asked Questions about Park 'N Fly
When was Park 'N Fly founded?
Park 'N Fly was founded in 1967.
Where is Park 'N Fly located?
Park 'N Fly is headquartered in Atlanta, United States. It is registered at Atlanta, Georgia, United States.
Who is the current CEO of Park 'N Fly?
Tony Paalz is the current CEO of Park 'N Fly.
How many employees does Park 'N Fly have?
As of Dec 31, 2016, the latest employee count at Park 'N Fly is 678.
What does Park 'N Fly do?
Park N Fly was founded in 1967 and is headquartered in Atlanta, United States. An online platform and mobile applications for iOS and Android are operated to enable users to search and book parking spaces at multiple airports worldwide. Services provided include shuttle transportation between airports and parking lots, as well as vehicle maintenance options such as car washes and oil changes during parking periods.
Who are the top competitors of Park 'N Fly?
Park 'N Fly's top competitors include Way, SpotHero and The Parking Spot.
What products or services does Park 'N Fly offer?
Park 'N Fly offers Parking App, Shuttle Service, Valet Parking, and Loyalty Program.
Who are Park 'N Fly's investors?
Park 'N Fly has 1 investor. Key investors include The Parking Spot.
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