About ParkingSoft
ParkingSoft is a company based in Norcross (United States) founded in 2006 was acquired by T2 Systems in July 2017.. The company has 44 employees as of December 31, 2016. ParkingSoft offers products and services including Permits & Enforcement, PARCS, Pay Stations, and Mobile Payments. ParkingSoft operates in a competitive market with competitors including Arrive, T2 Systems, Parkhub, FlashParking and Metropolis, among others.
- Headquarter Norcross, United States
- Employees 44 as on 31 Dec, 2016
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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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- Legal Name Parking Soft Llc
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Annual Revenue
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Net Profit
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EBITDA
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Latest Funding Round
- Investors
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Employee Count
44
as on Dec 31, 2016
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Acquired by
T2 Systems
(Jul 17, 2017)
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Products & Services of ParkingSoft
ParkingSoft offers a comprehensive portfolio of products and services, including Permits & Enforcement, PARCS, Pay Stations, and Mobile Payments. 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.
Software for managing parking permits and enforcement processes.
System for integrated parking access and revenue control operations.
Devices for handling parking fee payments and transactions.
App-based system for contactless parking fee settlements.
Funding Insights of ParkingSoft
| 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 ParkingSoft
ParkingSoft has secured backing from 1 investor. Prominent investors backing the company include T2 Systems. 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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Parking management solutions for events and venues are 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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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 ParkingSoft
| 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 - ParkingSoft
| 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 |
Parkingsoft Comparisons
Competitors of ParkingSoft
ParkingSoft 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 Arrive, T2 Systems, Parkhub, FlashParking and Metropolis, 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 |
Tech-enabled platform for parking and mobility management solutions is provided.
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| domain | founded_year | HQ Location |
Parking management solutions for events and venues are provided.
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| domain | founded_year | HQ Location |
Provider of comprehensive parking management solutions
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| domain | founded_year | HQ Location |
Parking management systems are delivered via SaaS-enabled hardware and software.
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| domain | founded_year | HQ Location |
End-to-end parking management solutions are provided via an AI-enabled platform.
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| domain | founded_year | HQ Location |
REEF is focused on connecting goods and services to local neighborhoods through digital solutions.
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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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Frequently Asked Questions about ParkingSoft
When was ParkingSoft founded?
ParkingSoft was founded in 2006.
Where is ParkingSoft located?
ParkingSoft is headquartered in Norcross, United States. It is registered at Norcross, Georgia, United States.
How many employees does ParkingSoft have?
As of Dec 31, 2016, the latest employee count at ParkingSoft is 44.
What does ParkingSoft do?
ParkingSoft was founded in 2006 and is headquartered in Norcross, United States. Hardware and software products are offered by the company for parking management, along with end-to-end enterprise solutions. Mobile booking platforms, centralized administrative controls, entry and exit kiosks, and valet services are included in the offerings. Services are extended to sectors such as airports, car parks, hotels, resorts, hospitals, and universities.
Who are the top competitors of ParkingSoft?
ParkingSoft's top competitors include Arrive, Parkhub and Metropolis.
What products or services does ParkingSoft offer?
ParkingSoft offers Permits & Enforcement, PARCS, Pay Stations, and Mobile Payments.
Who are ParkingSoft's investors?
ParkingSoft has 1 investor. Key investors include T2 Systems.
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