About ParkingAid
ParkingAid is a company based in Taby (Sweden) founded in 2021. It operates as a D2C, and SaaS. ParkingAid has raised $2.5 million across 1 funding round from investors including Almi Invest. ParkingAid offers products and services including ParkingAid App. ParkingAid operates in a competitive market with competitors including Cerence, ContinUse Biometrics, Auto Chilango, FordPass and Flare, among others.
- Headquarter Taby, Sweden
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Sectors
Business ServicesTransportation, 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 Parkingaid Ab
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$2.5 M (USD)
in 1 rounds
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Latest Funding Round
$2.5 M (USD), Seed
Mar 04, 2025
- Investors
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Employee Count
Employee Count
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Products & Services of ParkingAid
ParkingAid offers a comprehensive portfolio of products and services, including ParkingAid App. 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 scans signs and predicts parking spots to help avoid fines.
Funding Insights of ParkingAid
ParkingAid has successfully raised a total of $2.5M through 1 strategic funding round. The most recent funding activity was a Seed round of $2.5 million completed in March 2025. 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 1
- Last Round Seed — $2.5M
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First Round
First Round
(04 Mar 2025)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Mar, 2025 | Amount | Seed - ParkingAid | 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 ParkingAid
ParkingAid has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include Almi Invest. 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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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 ParkingAid
| 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 - ParkingAid
| 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 |
Parkingaid Comparisons
Competitors of ParkingAid
ParkingAid 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 Cerence, ContinUse Biometrics, Auto Chilango, FordPass and Flare, 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 |
AI and SaaS-enabled virtual assistants for connected vehicles are provided.
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| domain | founded_year | HQ Location |
Contactless biometric sensor for the continuous monitoring of biomedical parameters
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| domain | founded_year | HQ Location |
An automotive management app is provided for vehicle owners.
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| domain | founded_year | HQ Location |
Produces automobiles, trucks, and offers automotive services worldwide.
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| domain | founded_year | HQ Location |
In-transit cab advertising network is facilitated via mobile app.
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| domain | founded_year | HQ Location |
End-to-end fleet management solutions are delivered for operators.
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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 ParkingAid
When was ParkingAid founded?
ParkingAid was founded in 2021 and raised its 1st funding round 4 years after it was founded.
Where is ParkingAid located?
ParkingAid is headquartered in Taby, Sweden.
Is ParkingAid a funded company?
ParkingAid is a funded company, having raised a total of $2.5M across 1 funding round to date. The company's 1st funding round was a Seed of $2.5M, raised on Mar 04, 2025.
What does ParkingAid do?
ParkingAid is a mobile application that utilizes AI and real-time data to predict parking availability and interpret parking signs. It aggregates information from city infrastructure and connected devices to assist users in avoiding fines and saving time. The service operates in major U.S. cities, targeting everyday drivers who need reliable parking solutions. Users can scan signs, view spot predictions, and manage subscriptions for enhanced features.
Who are the top competitors of ParkingAid?
ParkingAid's top competitors include Cerence, ContinUse Biometrics and Flare.
What products or services does ParkingAid offer?
ParkingAid offers ParkingAid App.
Who are ParkingAid's investors?
ParkingAid has 1 investor. Key investors include Almi Invest.