About ParkMate
ParkMate is a company based in Noida (India) founded in 2021 by Abhimanyu Singh, Dhananjay Bharadwaj, and Saloni Malhotra. ParkMate has raised $1.67 million across 8 funding rounds from investors including Venture Catalysts, We Founder Circle and Z Nation Lab. ParkMate operates in a competitive market with competitors including ValetEZ, Ping 2 Park, Ska, Valetise and Valefy, among others.
- Headquarter Noida, India
- Founders Abhimanyu Singh, Dhananjay Bharadwaj, Saloni Malhotra
- Stage Minicorn
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Sectors
Transportation, 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 Parkmate Smart Parking Solutions Private Limited
- Date of Incorporation 23 Jul, 2021
- Jurisdiction Moradabad, Uttar Pradesh, India
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Annual Revenue
$50.04 K (USD)204720.48as on Mar 31, 2023
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Net Profit
-$120.35 K (USD)-3459.94as on Mar 31, 2023
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EBITDA
-$119.81 K (USD)-3660.16as on Mar 31, 2023
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Total Equity Funding
$1.67 M (USD)
in 8 rounds
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Latest Funding Round
$136.06 K (USD), Seed
Sep 16, 2025
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Investors
Venture Catalysts
& 60 more
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Employee Count
Not available
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Funding Insights of ParkMate
ParkMate has successfully raised a total of $1.67M across 8 strategic funding rounds. The most recent funding activity was a Seed round of $136.06 thousand completed in September 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.
Investors in ParkMate
ParkMate has secured backing from 61 investors, including venture fund, institutional, and angel investors. Prominent investors backing the company include Venture Catalysts, We Founder Circle and Z Nation Lab.
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Early-stage startup ecosystem is supported by Venture Catalysts in India.
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Venture capital firm investing in early-stage Indian tech companies with established product-market-fit.
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Startups are matched with investors via an online investment platform.
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Investor details for ParkMate
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Investments & Acquisitions by ParkMate
Investment portfolio details for ParkMate
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Financial Statements - ParkMate
Detailed financials for ParkMate
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Parkmate Comparisons
Peer comparison for ParkMate
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Competitors of ParkMate
ParkMate 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 ValetEZ, Ping 2 Park, Ska, Valetise and Valefy, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
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Parking management is enabled via a tech-integrated platform.
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An on-demand provider for convenient parking solutions.
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A mobile app that enables users to book valet parking services conveniently.
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Provides online platform for betting registration, sports updates, and user winnings.
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A mobile app for booking valet parking services conveniently.
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Detailed competitors of ParkMate
Competitor domains, locations, full profiles, and operating metrics require an active premium plan.
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Latest news on Parkmate
Complete news archive for ParkMate
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Frequently Asked Questions about ParkMate
ParkMate was founded in 2021 and raised its 1st funding round 1 year after it was founded.
ParkMate is headquartered in Noida, India. It is registered at Noida, Uttar Pradesh, India.
Dhananjay Bharadwaj is the current CEO of ParkMate. They have also founded this company.
ParkMate is a funded company, having raised a total of $1.67M across 8 funding rounds to date.
Annual revenue of ParkMate is $50.04K as on Mar 31, 2023.
ParkMate was founded in 2021 in Noida, India, as an app-based platform in the on-demand mobility sector. Valet parking services are facilitated through the app, where bookings are made for valets to park vehicles in secure locations and deliver them to specified points. Hyperlocal operations are supported for car owners seeking convenient parking solutions in urban areas.
ParkMate has 61 investors. Key investors include Venture Catalysts, We Founder Circle, Z Nation Lab, Invstt, and Amity University.
The valuation of ParkMate is $2.07M as of Sep 2023.