About Parkhound
Parkhound is a company based in Melbourne (Australia) founded in 2013 was acquired by Spacer in October 2017.. Parkhound has raised $60 thousand across 2 funding rounds from investors including Startup Victoria, Melbourne Accelerator Program and Spacer. Parkhound operates in a competitive market with competitors including Kerb, Share with Oscar, Park Genie, ParkfliX and Prime Park, among others.
- Headquarter Melbourne, Australia
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Sectors
Transportation, Automotive & Logistics
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Phone
*********
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Website
*********
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Social
*********
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$60 K (USD)
in 2 rounds
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Latest Funding Round
$40 K (USD), Seed
Sep 14, 2015
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Investors
Startup Victoria
& 2 more
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Employee Count
Employee Count
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Acquired by
Spacer
(Oct 10, 2017)
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Funding Insights of Parkhound
Parkhound has successfully raised a total of $60K across 2 strategic funding rounds. The most recent funding activity was a Seed round of $40 thousand completed in September 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 2
- Last Round Seed — $40,000
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First Round
First Round
(18 May 2015)
- Investors Count 2
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Sep, 2015 | Amount | Seed - Parkhound | Valuation |
investors |
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| May, 2015 | Amount | Seed - Parkhound | Valuation |
investors |
| 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 Parkhound
Parkhound has secured backing from 3 investors, including institutional and venture fund investors. Prominent investors backing the company include Startup Victoria, Melbourne Accelerator Program and Spacer. 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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Startup founders are supported through accelerator and pre-accelerator programs.
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Founded Year | Domain | Location | |
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A community platform for startups in Australia is operated.
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Founded Year | Domain | Location | |
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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 Parkhound
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
|
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 - Parkhound
| 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 |
Parkhound Comparisons
Competitors of Parkhound
Parkhound 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 Kerb, Share with Oscar, Park Genie, ParkfliX and Prime Park, 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 spaces are discovered and booked via an app-based marketplace.
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| domain | founded_year | HQ Location |
Parking spaces are rented through a P2P mobile app platform.
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| domain | founded_year | HQ Location |
Offers software for managing parking in workplaces and commercial properties efficiently.
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| domain | founded_year | HQ Location |
Operates an online peer-to-peer platform for booking parking spaces efficiently.
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| domain | founded_year | HQ Location |
Offers a community-based app for booking parking spaces.
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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 Parkhound
Frequently Asked Questions about Parkhound
When was Parkhound founded?
Parkhound was founded in 2013 and raised its 1st funding round 2 years after it was founded.
Where is Parkhound located?
Parkhound is headquartered in Melbourne, Australia. It is registered at Melbourne, Victoria, Australia.
Is Parkhound a funded company?
Parkhound is a funded company, having raised a total of $60K across 2 funding rounds to date. The company's 1st funding round was a Seed of $20K, raised on May 18, 2015.
What does Parkhound do?
Parkhound was founded in 2013 in Melbourne, Australia, as an online marketplace in the parking sector. Drivers seeking spots are linked with property owners offering spaces in garages, carports, driveways, or allocated areas. Listings are created by local residents on the platform. Nearby options are searched by users, who select durations and complete bookings. Payments are processed online, with a commission applied to each transaction.
Who are the top competitors of Parkhound?
Parkhound's top competitors include Kerb, Share with Oscar and Park Genie.
Who are Parkhound's investors?
Parkhound has 3 investors. Key investors include Startup Victoria, Melbourne Accelerator Program, and Spacer.