About Parkpocket
Parkpocket is a company based in Munchen (Germany) founded in 2013 was acquired by Continental in September 2017.. Parkpocket has raised $533.1 thousand across 1 funding round from investors including GFT and Continental. Parkpocket operates in a competitive market with competitors including SWARCO, Smart Parking, Cleverciti, Ampido and Evopark, among others.
- Headquarter Munchen, Germany
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Sectors
TechnologyTransportation, 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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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$533.1 K (USD)
in 1 rounds
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Latest Funding Round
$533.1 K (USD), Seed
Nov 18, 2015
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Investors
GFT
& 1 more
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Employee Count
Employee Count
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Acquired by
Continental
(Sep 12, 2017)
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Funding Insights of Parkpocket
Parkpocket has successfully raised a total of $533.1K through 1 strategic funding round. The most recent funding activity was a Seed round of $533.1 thousand completed in November 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 1
- Last Round Seed — $533,100
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First Round
First Round
(18 Nov 2015)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Nov, 2015 | Amount | Seed - Parkpocket | Valuation | GFT |
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| 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 Parkpocket
Parkpocket has secured backing from 2 investors, including institutional investors. Prominent investors backing the company include GFT and Continental. 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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Business consulting services are provided internationally since 1987.
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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 Parkpocket
| 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 - Parkpocket
| 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 |
Parkpocket Comparisons
Competitors of Parkpocket
Parkpocket 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 SWARCO, Smart Parking, Cleverciti, Ampido and Evopark, 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 |
Parking and traffic management solutions are provided globally.
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| domain | founded_year | HQ Location |
Parking management solutions with sensors, apps, and payments are provided.
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| domain | founded_year | HQ Location |
Smart parking solution provider
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| domain | founded_year | HQ Location |
P2P parking portal
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| domain | founded_year | HQ Location |
Empty parking spaces are located via a mobile app platform.
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| domain | founded_year | HQ Location |
Parking management solutions are delivered via a tech-enabled platform.
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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 Parkpocket
When was Parkpocket founded?
Parkpocket was founded in 2013 and raised its 1st funding round 2 years after it was founded.
Where is Parkpocket located?
Parkpocket is headquartered in Munchen, Germany. It is registered at Munchen, Bayern, Germany.
Is Parkpocket a funded company?
Parkpocket is a funded company, having raised a total of $533.1K across 1 funding round to date. The company's 1st funding round was a Seed of $533.1K, raised on Nov 18, 2015.
What does Parkpocket do?
Parkpocket was founded in 2013 in Munich, Germany, within the parking data sector. Real-time information on parking space availability, including electric vehicle charging points, is gathered and delivered through a smartphone application for consumer use in locating spots. Bulk data is also supplied to third parties, such as connected car manufacturers, navigation providers, and urban planning agencies, supporting various operational needs.
Who are the top competitors of Parkpocket?
Parkpocket's top competitors include SWARCO, Smart Parking and Cleverciti.
Who are Parkpocket's investors?
Parkpocket has 2 investors. Key investors include GFT, and Continental.