Parrot Automotive

Paris, France Founded: 2015 • Age: 11 yrs Acquired By Faurecia
Infotainment systems for vehicles are designed and distributed.
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About Parrot Automotive

Parrot Automotive is a company based in Paris (France) founded in 2015 was acquired by Faurecia in July 2018.. Parrot Automotive operates in a competitive market with competitors including NNG, PATEO, Borqs, Rand McNally and Carbit, among others.

  • Headquarter Paris, France
  • Sectors
    Transportation, Automotive & Logistics
  • Phone
    *********
  • Website
    *********
  • Social
    *********
Operational Areas
Transportation, Automotive & Logistics → Automotive Technology & Mobility Solutions
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Latest Funding Round
  • Investors
  • Employee Count
    Employee Count
  • Acquired by
    Faurecia

    (Jul 06, 2018)

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Funding Insights of Parrot Automotive

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 Parrot Automotive

Parrot Automotive has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include Faurecia. 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
Institutional
Investor Description Founded Year Domain Location
Automotive components and systems are manufactured for vehicles.
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 Parrot Automotive

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 - Parrot Automotive

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

Parrot Automotive Comparisons

Employees
+
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Competitors of Parrot Automotive

Parrot Automotive 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 NNG, PATEO, Borqs, Rand McNally and Carbit, 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
White-label connected car navigation and infotainment solutions are provided.
domain founded_year HQ Location
Saas & AI enabled infotainment solutions for connected vehicles
domain founded_year HQ Location
Borqs is recognized as a global leader in IoT solutions.
domain founded_year HQ Location
Commercial Transportation, Travel & Mobile Resource Management
domain founded_year HQ Location
In-vehicle infotainment systems and driving apps are provided.
domain founded_year HQ Location
Developer of connected car devices and related car expense saving services
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 Parrot Automotive

Frequently Asked Questions about Parrot Automotive

When was Parrot Automotive founded?

Parrot Automotive was founded in 2015.

Where is Parrot Automotive located?

Parrot Automotive is headquartered in Paris, France.

What does Parrot Automotive do?

Parrot Automotive was established in 2015 in Paris, France, within the automotive sector. Infotainment solutions for passenger vehicles and commercial trucks are developed and supplied, targeting OEMs and tier-1 suppliers. Android-based systems with voice recognition capabilities are offered, alongside support for Android Auto and Apple CarPlay. Membership in the Open Automotive Alliance is held, with clients such as McLaren, Volvo, and Honda served.

Who are the top competitors of Parrot Automotive?

Parrot Automotive's top competitors include Borqs, PATEO and NNG.

Who are Parrot Automotive's investors?

Parrot Automotive has 1 investor. Key investors include Faurecia.

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