Parking Square

Seoul, South Korea Founded: 2013 • Age: 13 yrs Acquired By Kakao
App-based parking space booking platform

About Parking Square

Parking Square is a Transportation, Automotive & Logistics company based in Seoul (South Korea) founded in 2013, and was acquired by Kakao in March 2016. App-based parking space booking platform. Its chief executive, as recorded, is Hong Eun Taek. The company was acqui-hired. Its focus areas include Consumer, Road Transport Tech, Parking and Parking Spot. Its competitors include Easy And Convenient Parking Platform, Paprika - PARKFREECAR and Jumansa.

Company details

Parking Square was founded in 2013 in Seoul, South Korea, as a developer and operator of ParkHere, an app-based platform in the parking sector. Parking spaces are made available through partnerships with owners, enabling users to search, compare, and book via iOS and Android applications. Operations focus on urban parking solutions in Korea. In February 2016, full ownership was acquired by Cacao.

  • Headquarters Seoul, South Korea
  • Stage Acquired
  • Sectors
    Transportation, Automotive & Logistics
  • Website parkingsq.com
  • Social LinkedIn
  • Acquired by Kakao (Mar 2016)
Key Metrics

Investors in Parking Square

Parking Square has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include Kakao.

All
Institutional
InvestorDescriptionFounded YearDomainLocation
Multi-category messaging and advertising applications are offered online.
2010kakaocorp.comJeju-si, South Korea
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Investor details for Parking Square

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  • Round participation
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People of Parking Square

1 people are tracked at Parking Square (1 in leadership).

NameRoleGroup
Hong Eun Taek
CEOLeadership
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Complete people profiles for Parking Square

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  • Team structure
  • Board tenure
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Timeline of Parking Square

2 dated milestones of Parking Square across 3 years, from founding to its latest funding, stage changes and deals.

  1. Founded Parking Square is founded.
  2. Exit Acquired by Kakao.

Competitors of Parking Square

Parking Square has 3 listed competitors in our database. They include Easy And Convenient Parking Platform, Paprika - PARKFREECAR and Jumansa.

Company NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
moduparking.com2014Seoul, South Korea
Online P2P parking booking and management services are provided.
parkfreecar.com2018Seoul, South Korea
App-based platform for booking and managing mechanical parking spaces.
arsparking.com2018Seoul, South Korea
Offers an app-based platform for booking shared parking spaces.
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Detailed competitors of Parking Square

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  • Competitive positioning

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Frequently Asked Questions about Parking Square

Parking Square was founded in 2013.

Parking Square is headquartered in Seoul, South Korea.

Hong Eun Taek is the CEO of Parking Square, as recorded in our data.

Parking Square was founded in 2013 in Seoul, South Korea, as a developer and operator of ParkHere, an app-based platform in the parking sector. Parking spaces are made available through partnerships with owners, enabling users to search, compare, and book via iOS and Android applications. Operations focus on urban parking solutions in Korea. In February 2016, full ownership was acquired by Cacao.

Parking Square's top competitors include Easy And Convenient Parking Platform, Paprika - PARKFREECAR and Jumansa.

Parking Square has 1 investor. Key investors include Kakao.

Yes. Parking Square was acquired by Kakao in March 2016.

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