ParkUpp

Cape Town, South Africa Founded: 2016 • Age: 10 yrs Acquired By Docklands Ventures
Online marketplace for on-demand parking spaces
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About ParkUpp

ParkUpp was founded in 2016 in Cape Town, South Africa, by Palesa Moloi. An online marketplace is operated within the parking sector, focusing on select locations across South Africa. Parking space owners are linked with potential renters through the platform. Users are allowed to search for available spaces and complete bookings by submitting required details, facilitating on-demand access to parking resources.

  • Headquarter Cape Town, South Africa
  • Founders Palesa Moloi
  • Sectors
    Transportation, Automotive & Logistics
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
    *********
Operational Areas
Transportation, Automotive & Logistics → Road Transportation & Transit Systems
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Latest Funding Round
  • Investors
  • Employee Count
    Employee Count
  • Acquired by
    Docklands Ventures

    (Feb 03, 2022)

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Funding Insights of ParkUpp

Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investors in ParkUpp

ParkUpp has secured backing from 1 investor. Prominent investors backing the company include Docklands Ventures. 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.

All
Investor Description Founded Year Domain Location
Incubates real estate interests through trading, consulting, and technology platforms.
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by ParkUpp

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016

Financial Statements - ParkUpp

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Parkupp Comparisons

Employees
+
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Competitors of ParkUpp

Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Parkupp

Docklands Ventures acquires prop-tech startup ParkUpp
Africabusinesscommunities4 years ago

Frequently Asked Questions about ParkUpp

When was ParkUpp founded?

ParkUpp was founded in 2016.

Where is ParkUpp located?

ParkUpp is headquartered in Cape Town, South Africa. It is registered at Cape Town, Western Cape, South Africa.

What does ParkUpp do?

ParkUpp was founded in 2016 in Cape Town, South Africa, by Palesa Moloi. An online marketplace is operated within the parking sector, focusing on select locations across South Africa. Parking space owners are linked with potential renters through the platform. Users are allowed to search for available spaces and complete bookings by submitting required details, facilitating on-demand access to parking resources.

Who are ParkUpp's investors?

ParkUpp has 1 investor. Key investors include Docklands Ventures.

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