About ParqEx
ParqEx is a Transportation, Automotive & Logistics company based in Chicago (United States) founded in 2014. Parking spots are found and listed via a peer-to-peer platform. ParqEx has raised $1.2 million across 1 funding round from investors including Gener8tor, Venture Management and Wisconsin Investment Partners. Its website parqex.com draws about 14 thousand monthly visits. ParqEx offers products and services including Parking App, Access Control App, Enforcement App, Parking Marketplace, and Access+ App. Its focus areas include Consumer, Road Transport Tech, Parking and Parking Spot. Its competitors include Parkade, Pied Parker and Citifyd; 3 of its 3 listed competitors have raised funding.
Company details
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.
- Total Equity Funding$1.2M (USD)
in 1 rounds
- Latest Funding Round$1.2M (USD), Seed
Dec 2016
- InvestorsGener8tor
& 3 more
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
Apps and channels of ParqEx
ParqEx publishes 2 mobile apps with over 10K+ downloads; its YouTube channel ParqEx has 1.54K subscribers and 30 videos.
Videos from ParqEx
The most watched videos on ParqEx's YouTube channel, ParqEx (1.54K subscribers). Click a video to play it here.
More on ParqEx.
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.
- Total Funding $1.2M
- Total Rounds 1
- Last Round Seed — $1.2M
- First Round $1.2M
(Dec 2016)
- Investors Count 4
All 1 funding rounds of ParqEx with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Dec 2016 | $1.2M | Seed | – | Venture Management, Wisconsin Investment Partners |
4 investors in total: 4 institutional.
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.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
| vmllc.com | ||||
Angel investment and business incubation services are provided. | wisinvpartners.com | Madison, United States | ||
Startups are accelerated via a 12-week program with funding support. | 2012 | gener8tor.com | Madison, United States | |
Support for property buyers is offered by Buyers Agent Accelerator. | elmspringaccelerator.com |
Investor details for ParqEx
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
People of ParqEx
7 people are tracked at ParqEx (3 in leadership, 4 in team).
| Name | Role | Group |
|---|---|---|
Paul Nelhart | VP, Business Development | Leadership |
Barton Kramer | CFO | Leadership |
Vivek Mehra | Founder & CEO | Leadership |
Claudia Bechthold | Marketing Manager | Team |
Cooper Adams | Customer Success Manager | Team |
Christina Giordano Villani | Social Media Coordinator | Team |
PJ Filipowicz | Creative Designer | Team |
Complete people profiles for ParqEx
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
Timeline of ParqEx
2 dated milestones of ParqEx across 2 years, from founding to its latest funding, stage changes and deals.
- Founded ParqEx is founded.
- Funding First funding round of $1.2M.
Competitors of ParqEx
ParqEx has 3 listed competitors in our database, 3 of them funded. They include Parkade, Pied Parker and Citifyd.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| parkade.com | 2018 | San Francisco, United States | $16.66M | Peer-to-peer parking spaces are booked via a mobile app. | ||
| piedparker.com | 2015 | Palo Alto, United States | $3M | Parking spaces are rented peer-to-peer via a mobile app. | ||
| citifyd.com | 2014 | Portland, United States | $600,000 | App-based platform to find, reserve & pay for parking |
Detailed competitors of ParqEx
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
- Benchmarks
- Competitive positioning
Verified entity values are shown only after access is granted.
Web traffic of ParqEx
The website of ParqEx (parqex.com) receives about 14.2K visits a month.
- Monthly visits14.2K
▼ 13.2% vs previous month
Websites whose visitors overlap most with ParqEx. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| homebase.ai | 100% | 5.6K | #3,571,124 | View details | |
| revyse.com | 97% | 8.5K | #2,431,033 | View details | |
parkingpass.com | parkingpass.com | 82% | #376,128 | – |
Top companies in Road Transport Tech
3 companies that operate in the same segment as ParqEx (Road Transport Tech) in United States, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
An online platform providing ride-hailing and food delivery services | 2009 | San Francisco, California, United States | USD 13.21 B | USD 52.02 B | 34,000 | |
Electric kick-scooters are rented through an app-based platform. | 2017 | Miami, Florida, United States | USD 765 M | USD 244.66 M | 953 | |
Self-driving vehicle solutions are developed and deployed for transportation. | 2009 | Mountain View, California, United States | USD 27.1 B |
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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. The company's 1st funding round was a Seed of $1.2M, raised on Dec 2016.
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.
Yes. ParqEx publishes ParqEx Parking App and 1 more app, with over 10,000 downloads.