About Parko
Parko is a company based in Tel Aviv (Israel) founded in 2012 was acquired by EasyPark in May 2016. It operates as a Data-as-a-Service. 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. Parko operates in a competitive market with competitors including Arrive, Parkhub, FlashParking, Metropolis and REEF, among others.
- Headquarter Tel Aviv, Israel
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Sectors
TechnologyTransportation, Automotive & Logistics
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Phone
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Website
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Social
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- Legal Name Parko Ltd.
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Products & Services of Parko
Parko offers a comprehensive portfolio of products and services, including Parko Data, Parko LastMile, and Parko Analytics. 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.
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 Total Funding
- Total Rounds 3
- Last Round Seed — $20,000
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First Round
First Round
(22 Apr 2013)
- Investors Count 3
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jun, 2015 | Amount | Seed - Parko | Valuation |
investors |
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| Jun, 2014 | Amount | Seed - Parko | Valuation |
investors |
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| Apr, 2013 | Amount | Seed - Parko | 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 Parko
Parko has secured backing from 4 investors, including venture fund and institutional investors. Prominent investors backing the company include OurCrowd, Arrive and Tumml. 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 | |
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US focused seed-stage VC firm
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Founded Year | Domain | Location | |
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Network connecting investors to startups, venture capital funds, and alternatives
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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 Parko
| 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 - Parko
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| 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 |
Parko Comparisons
Competitors of Parko
Parko 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, Parkhub, FlashParking, Metropolis and REEF, 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 |
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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| domain | founded_year | HQ Location |
Parking management solutions for events and venues are provided.
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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 Parko
When was Parko founded?
Parko was founded in 2012 and raised its 1st funding round 1 year after it was founded.
Where is Parko located?
Parko is headquartered in Tel Aviv, Israel.
Is Parko a funded company?
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 22, 2013.
What does Parko do?
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.
Who are the top competitors of Parko?
Parko's top competitors include Arrive, Parkhub and Metropolis.
What products or services does Parko offer?
Parko offers Parko Data, Parko LastMile, and Parko Analytics.
Who are Parko's investors?
Parko has 4 investors. Key investors include OurCrowd, Arrive, Tumml, and SparkLabs Global Ventures.
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