About ParqEx
ParqEx is a company based in Chicago (United States) founded in 2014. ParqEx has raised $1.2 million across 1 funding round from investors including Gener8tor, Venture Management and Wisconsin Investment Partners. ParqEx offers products and services including Parking App, Access Control App, Enforcement App, Parking Marketplace, and Access+ App. ParqEx operates in a competitive market with competitors including Parkade, Pied Parker, Citifyd, Roost and Prndl, among others.
- Headquarter Chicago, United States
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Sectors
Transportation, Automotive & Logistics
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Phone
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Website
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Social
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Annual Revenue
Not available
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Net Profit
Not available
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EBITDA
Not available
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Total Equity Funding
$1.2 M (USD)
in 1 rounds
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Latest Funding Round
$1.2 M (USD), Seed
Dec 20, 2016
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Investors
Gener8tor
& 3 more
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Employee Count
Not available
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Products & Services of ParqEx
ParqEx offers a comprehensive portfolio of products and services, including Parking App, Access Control App, Enforcement App, Parking Marketplace, and Access+ App.
App for booking and managing parking spots easily
Controls gates and doors remotely via smartphone
Issues tickets and tracks violations on mobile devices
Platform to list and rent parking spaces securely
Enables hands-free gate and door access using phones
People of ParqEx
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Funding Insights of ParqEx
ParqEx has successfully raised a total of $1.2M through 1 strategic funding round. The most recent funding activity was a Seed round of $1.2 million completed in December 2016. 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.
Investors in ParqEx
ParqEx has secured backing from 4 investors, including venture fund investors. Prominent investors backing the company include Gener8tor, Venture Management and Wisconsin Investment Partners.
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Angel investment and business incubation services are provided.
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Startups are accelerated via a 12-week program with funding support.
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Investor details for ParqEx
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Investments & Acquisitions by ParqEx
Investment portfolio details for ParqEx
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Financial Statements - ParqEx
Detailed financials for ParqEx
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Parqex Comparisons
Peer comparison for ParqEx
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Competitors of ParqEx
ParqEx 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 Parkade, Pied Parker, Citifyd, Roost and Prndl, among others.
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Peer-to-peer parking spaces are booked via a mobile app.
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Parking spaces are rented peer-to-peer via a mobile app.
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App-based platform to find, reserve & pay for parking
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Low-cost storage and parking spaces are shared peer-to-peer in neighborhoods.
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Nearby parking spots are booked via Prndl's peer-to-peer online platform.
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Detailed competitors of ParqEx
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Latest news on Parqex
Complete news archive for ParqEx
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Frequently Asked Questions about ParqEx
ParqEx was founded in 2014 and raised its 1st funding round 2 years after it was founded.
ParqEx is headquartered in Chicago, United States. It is registered at Chicago, Illinois, United States.
ParqEx is a funded company, having raised a total of $1.2M across 1 funding round to date.
ParqEx was founded in 2014 in Chicago, United States, within the peer-to-peer parking sector. A mobile and web platform is maintained for users to search spots by current location or address. Contact with individual owners is enabled, allowing reservations by the hour, day, week, or month. Owners are permitted to list available parking spaces through the system.
ParqEx's top competitors include Parkade, Citifyd and Pied Parker.
ParqEx offers Parking App, Access Control App, Enforcement App, Parking Marketplace, and Access+ App.
ParqEx has 4 investors. Key investors include Gener8tor, Venture Management, Wisconsin Investment Partners, and Buyers Agent Accelerator.