About ParkWise
ParkWise is a company based in Boston (United States) founded in 2014 by Alexander Shvartz. It operates as a B2C. ParkWise has raised $100 thousand across 2 funding rounds from investors including Entrepreneurs Roundtable Accelerator and FasterCapital. ParkWise operates in a competitive market with competitors including LAZ Parking, Spot Angels, Airport Parking, Boxcar and Sweep Alarm, among others.
- Headquarter Boston, United States
- Founders Alexander Shvartz
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Sectors
Business Services
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Streetinfotech, Inc.
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$100 K (USD)
in 2 rounds
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Latest Funding Round
$100 K (USD), Seed
Jan 09, 2017
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Investors
Entrepreneurs Roundtable Accelerator
& 1 more
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Employee Count
Employee Count
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Funding Insights of ParkWise
ParkWise has successfully raised a total of $100K across 2 strategic funding rounds. The most recent funding activity was a Seed round of $100 thousand completed in January 2017. 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 2
- Last Round Seed — $100,000
- First Round First Round
- Investors Count 2
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jan, 2017 | Amount | Seed - ParkWise | Valuation | Entrepreneurs Roundtable Accelerator |
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| Jun, 2016 | Amount | Seed - ParkWise | 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 ParkWise
ParkWise has secured backing from 2 investors, including venture fund investors. Prominent investors backing the company include Entrepreneurs Roundtable Accelerator and FasterCapital. 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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Startups are accelerated in fintech, SaaS, climate, and various sectors.
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Founded Year | Domain | Location | |
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Venture building, startup incubation, and funding services are provided by FasterCapital.
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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 ParkWise
| 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 - ParkWise
| 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 |
Parkwise Comparisons
Competitors of ParkWise
ParkWise 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 LAZ Parking, Spot Angels, Airport Parking, Boxcar and Sweep Alarm, 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 solutions and search provider
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| domain | founded_year | HQ Location |
Automated parking alerts are sent via mobile app detection.
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| domain | founded_year | HQ Location |
Long-term airport parking is scouted and reserved for travelers.
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| domain | founded_year | HQ Location |
Boxcar is recognized as an integrated commuting company focused on stress-free daily travel.
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| domain | founded_year | HQ Location |
An app-based platform for tracking car parking locations and move reminders.
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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 ParkWise
When was ParkWise founded?
ParkWise was founded in 2014 and raised its 1st funding round 2 years after it was founded.
Where is ParkWise located?
ParkWise is headquartered in Boston, United States. It is registered at Boston, Massachusetts, United States.
Who is the current CEO of ParkWise?
Alexander Shvartz is the current CEO of ParkWise. They have also founded this company.
Is ParkWise a funded company?
ParkWise is a funded company, having raised a total of $100K across 2 funding rounds to date.
What does ParkWise do?
ParkWise operates with a B2C model, focusing on leveraging cutting-edge technology, mobility, parking management, and app-based services. An app that helps users locate and book available parking spaces efficiently. It emphasizes efficiency, client-focused solutions, and growth, fostering partnerships and innovation in its operations.
Who are the top competitors of ParkWise?
ParkWise's top competitors include LAZ Parking, Spot Angels and Boxcar.
Who are ParkWise's investors?
ParkWise has 2 investors. Key investors include Entrepreneurs Roundtable Accelerator, and FasterCapital.