About Parking Polly
Parking Polly is a company based in Tel Aviv (Israel) founded in 2012 was acquired by Arrive in March 2020.. Parking Polly has raised $1.5 million across 3 funding rounds from investors including Arrive, Texas Atlantic Capital and Terra Venture Partners. Parking Polly offers products and services including Polly App and Pre-Booking Service. Parking Polly operates in a competitive market with competitors including Spark and nLimit, among others.
- Headquarter Tel Aviv, Israel
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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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Products & Services of Parking Polly
Parking Polly offers a comprehensive portfolio of products and services, including Polly App and Pre-Booking Service. 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.
Mobile app for real-time parking recommendations and navigation services.
Feature to reserve parking spots in advance and pay by phone.
Funding Insights of Parking Polly
Parking Polly has successfully raised a total of $1.5M across 3 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 Total Funding
- Total Rounds 3
- Last Round Last Round
- First Round First Round
- Investors Count 2
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Nov, 2015 | Amount | Series A - Parking Polly | Valuation | Texas Atlantic Capital |
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| Aug, 2012 | Amount | Seed - Parking Polly | Valuation |
investors |
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| Jun, 2012 | Amount | Seed - Parking Polly | 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 Parking Polly
Parking Polly has secured backing from 3 investors, including venture fund and institutional investors. Prominent investors backing the company include Arrive, Texas Atlantic Capital and Terra Venture Partners. 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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Stage-agnostic tech-focused VC investment company investing primarily in the US, Germany and Israel
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Tech-enabled platform for parking and mobility management solutions is provided.
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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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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Venture capital is directed toward companies in multiple sectors.
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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 Parking Polly
| 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 - Parking Polly
| 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 |
Parking Polly Comparisons
Competitors of Parking Polly
Parking Polly 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 Spark and nLimit, 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 |
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| domain | founded_year | HQ Location |
Cloud-based CRM software for real estate professionals is offered.
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Provides end-to-end parking management solutions for efficient operations.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| 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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Frequently Asked Questions about Parking Polly
When was Parking Polly founded?
Parking Polly was founded in 2012.
Where is Parking Polly located?
Parking Polly is headquartered in Tel Aviv, Israel.
Is Parking Polly a funded company?
Parking Polly is a funded company, having raised a total of $1.5M across 3 funding rounds to date.
What does Parking Polly do?
Spark was founded in 2012 in Tel Aviv, Israel, and focuses on smart parking technologies within the mobility sector. An app called Polly - The Parking Fairy is provided, offering integrated navigation and parking solutions. Routes are calculated to include parking search time, with the entire parking process managed from destination guidance to spot allocation. Operations center on urban vehicle navigation and parking efficiency.
Who are the top competitors of Parking Polly?
What products or services does Parking Polly offer?
Parking Polly offers Polly App and Pre-Booking Service.
Who are Parking Polly's investors?
Parking Polly has 3 investors. Key investors include Arrive, Texas Atlantic Capital, and Terra Venture Partners.