About Parko
Parko is a Technology company based in Tel Aviv (Israel) founded in 2012, and was acquired by EasyPark in May 2016. Optimal parking routes are provided through crowd-sourced real-time data. It operates on a Data-as-a-Service model in Technology and Transportation, Automotive & Logistics sectors. Parko has raised $1.62 million across 3 funding rounds from investors including OurCrowd, Arrive and Tumml. Parko offers products and services including Parko Data, Parko LastMile, and Parko Analytics. Its focus areas include Transportation Technology and Parking Solutions. Its legal entity is Parko Ltd.
Company details
Parking data and navigation solutions are offered by Parko, focusing on real-time and predictive parking availability information. Efficient routing for parking with turn-by-turn directions is provided through their LastMile product. In-depth analytics on parking data are also delivered to support navigation, automotive, and municipal sectors. Coverage and accuracy are emphasized in their block-by-block parking information services.
Products & Services of Parko
Parko offers a comprehensive portfolio of products and services, including Parko Data, Parko LastMile, and Parko Analytics.
Real-time parking availability data is provided with accuracy.
Efficient parking routes are offered with guided directions.
In-depth parking availability analysis is delivered to users.
Funding Insights of Parko
Parko has successfully raised a total of $1.62M across 3 strategic funding rounds. The most recent funding activity was a Seed round of $20 thousand completed in June 2015. 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 $1.62M
- Total Rounds 3
- Last Round Seed — $20,000
- First Round $500,000
(Apr 2013)
- Investors Count 3
All 3 funding rounds of Parko with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jun 2015 | $20,000 | Seed | – | – | |
| Jun 2014 | $1.1M | Seed | – | – | |
| Apr 2013 | $500,000 | Seed | – | – |
4 investors in total: 4 institutional.
Investors in Parko
Parko has secured backing from 4 investors, including venture fund and institutional investors. Prominent investors backing the company include OurCrowd, Arrive and Tumml.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
| tumml.org | ||||
US focused seed-stage VC firm | sparklabsglobal.com | Palo Alto, United States | ||
Network connecting investors to startups, venture capital funds, and alternatives | 2013 | ourcrowd.com | Jerusalem, Israel | |
Urban mobility solutions are provided to enhance city livability. | 2001 | easyparkgroup.com | Stockholm, Sweden |
Investor details for Parko
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
Timeline of Parko
4 dated milestones of Parko across 4 years, from founding to its latest funding, stage changes and deals.
- Founded Parko is founded.
- Funding First funding round of $500K.
- Funding Latest funding round, Seed, of $20K.
- Exit Acquired by EasyPark.
Web traffic of Parko
The website of Parko (parko.com) receives about 4K visits a month.
- Monthly visits4K
▲ 9.5% vs previous month
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Frequently Asked Questions about Parko
Parko was founded in 2012 and raised its 1st funding round 1 year after it was founded.
Parko is headquartered in Tel Aviv, Israel.
Parko is a funded company, having raised a total of $1.62M across 3 funding rounds to date. The company's 1st funding round was a Seed of $500K, raised on Apr 2013.
Parking data and navigation solutions are offered by Parko, focusing on real-time and predictive parking availability information. Efficient routing for parking with turn-by-turn directions is provided through their LastMile product. In-depth analytics on parking data are also delivered to support navigation, automotive, and municipal sectors. Coverage and accuracy are emphasized in their block-by-block parking information services.
Parko offers Parko Data, Parko LastMile, and Parko Analytics.
Parko has 4 investors. Key investors include OurCrowd, Arrive, Tumml, and SparkLabs Global Ventures.
Parko operates through Parko Ltd..
Yes. Parko was acquired by EasyPark in May 2016.