About Parking Panda
Parking Panda is a Transportation, Automotive & Logistics company based in Baltimore (United States) founded in 2011, and was acquired by SpotHero in April 2017. Parking spaces are reserved via an online marketplace platform. Parking Panda has raised $5.04 million across 4 funding rounds from investors including SpotHero, Moonshots Capital and Greg Cangialosi. Its focus areas include Consumer, Road Transport Tech, Parking and Parking Spot. Its legal entity is Parking Panda Corp. Its competitors include Way, SpotHero and The Parking Spot; 2 of its 3 listed competitors have raised funding.
Company details
Founded in 2011 in Baltimore, United States, Parking Panda functions as a marketplace in the parking sector. Inventory is optimized for owners and managers by directing traffic during low demand and adjusting prices at capacity. Reservations and payments are handled through a mobile app or website. Operations cover approximately 30 major cities across the USA.
- Headquarters Baltimore, United States
- Stage Acquired
- SectorsTransportation, Automotive & Logistics
- Website parkingpanda.com
- Social LinkedIn X
- Acquired by SpotHero (Apr 2017)
- Legal Name Parking Panda Corp
Funding Insights of Parking Panda
Parking Panda has successfully raised a total of $5.04M across 4 strategic funding rounds. 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 $5.04M
- Total Rounds 4
- First Round $25,000
(May 2011)
- Investors Count 9
All 4 funding rounds of Parking Panda 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 |
|---|---|---|---|---|---|
| Jul 2015 | Series A | – | – | ||
| Feb 2013 | $4.76M | Series A | – | – | – |
| Apr 2012 | $250,000 | Seed | – | Greg Cangialosi, Sean Lane | |
| May 2011 | $25,000 | Seed | – | Entrepreneurs Roundtable Accelerator | – |
10 investors in total: 4 institutional and 6 angel.
Investors in Parking Panda
Parking Panda has secured backing from 10 investors, including venture fund and angel investors. Prominent investors backing the company include SpotHero, Moonshots Capital and Greg Cangialosi.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Seed-stage tech startups founded by veterans are funded. | moonshotscapital.com | Los Angeles, United States | ||
Angel capital is provided to tech-based startups. | cabanaventures.com | Arlington, United States | ||
Startups are accelerated in fintech, SaaS, climate, and various sectors. | eranyc.com | New York, United States | ||
GC Greg Cangialosi | Angel investor, entrepreneur, ex-Blue Sky Factory founder, active in Indian startups | unknown_2350cdab186646828 | ||
SL Sean Lane | Angel investor and entrepreneur, co-founder of Olive, focused on tech startups. | unknown_8005109ab2664ddfa | ||
DT David Troy | unknown_0e8bd6ede32445368 | |||
NK Neil Kataria | unknown_287d11d4024a4f4c9 | |||
JM Jose Marin | unknown_b734f12e107041cb9 | |||
FG Fabrice Grinda | French entrepreneur, angel investor, co-founder of OLX, active in Indian startups | unknown_f73df63096104ff7a | ||
Parking reservations are enabled by an app-based platform. | 2011 | spothero.com | Chicago, United States |
Investor details for Parking Panda
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
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Verified entity values are shown only after access is granted.
Timeline of Parking Panda
4 dated milestones of Parking Panda across 6 years, from founding to its latest funding, stage changes and deals.
- Founded Parking Panda is founded.
- Funding First funding round of $25K.
- Funding Latest funding round, Series A,.
- Exit Acquired by SpotHero.
Competitors of Parking Panda
Parking Panda has 3 listed competitors in our database, 2 of them funded. They include Way, SpotHero and The Parking Spot.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| way.com | 2012 | Sunnyvale, United States | $3.4M | 292 | App-based platform to find car parking, auto insurance & car wash services | |
| spothero.com | 2011 | Chicago, United States | $118.33M | 139 | Parking reservations are enabled by an app-based platform. | |
| theparkingspot.com | 1998 | Chicago, United States | 1,115 | Airport parking is provided via online bookings and shuttle services. |
Detailed competitors of Parking Panda
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 Parking Panda
Websites that share an audience with Parking Panda (parkingpanda.com).
Websites whose visitors overlap most with Parking Panda. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| parkwhiz.com | 100% | #22,936 | View details | ||
| spothero.com | 99% | 3.4M | #11,956 | View details | |
| parkingcarma.com | 74% | 680.7K | View details | ||
| parkme.com | 73% | 275.7K | #185,166 | View details | |
en.parkopedia.com | en.parkopedia.com | 73% | – | ||
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 14 similar websites and full traffic analytics for Parking Panda
The complete similar-websites list, audience overlap and engagement analytics require an active premium plan.
- 14 similar websites
- Audience overlap
- Engagement analytics
- Traffic by brand
Verified entity values are shown only after access is granted.
Top companies in Road Transport Tech
3 companies that operate in the same segment as Parking Panda (Road Transport Tech) in United States, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
An online platform providing ride-hailing and food delivery services | 2009 | San Francisco, California, United States | USD 13.21 B | USD 52.02 B | 34,000 | |
Electric kick-scooters are rented through an app-based platform. | 2017 | Miami, Florida, United States | USD 765 M | USD 244.66 M | 953 | |
Self-driving vehicle solutions are developed and deployed for transportation. | 2009 | Mountain View, California, United States | USD 27.1 B |
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Frequently Asked Questions about Parking Panda
Parking Panda was founded in 2011.
Parking Panda is headquartered in Baltimore, United States. It is registered at Baltimore, Maryland, United States.
Parking Panda is a funded company, having raised a total of $5.04M across 4 funding rounds to date. The company's 1st funding round was a Seed of $25K, raised on May 2011.
Founded in 2011 in Baltimore, United States, Parking Panda functions as a marketplace in the parking sector. Inventory is optimized for owners and managers by directing traffic during low demand and adjusting prices at capacity. Reservations and payments are handled through a mobile app or website. Operations cover approximately 30 major cities across the USA.
Parking Panda's top competitors include Way, SpotHero and The Parking Spot.
Parking Panda has 10 investors. Key investors include SpotHero, Moonshots Capital, Greg Cangialosi, Sean Lane, and David Troy.
Parking Panda operates through Parking Panda Corp.
Yes. Parking Panda was acquired by SpotHero in April 2017.