Pinpark

Kochi, India Founded: 2015 • Age: 11 yrs
AI-powered app connects drivers to real-time parking spaces for easy navigation and management.
Annual revenue $839 Latest available
Total funding $38,857 2 rounds
Employees 4 Tracked headcount
Investors 7 Known backers
Products 2 Services tracked
Competitors 7 Brand Intelligence

About Pinpark

Pinpark is a company based in Kochi (India) founded in 2015 by Amith Sasi and Sasikumar Kumar Sreejith. It operates as a B2C and B2B. Pinpark has raised $38.86 thousand across 2 funding rounds from investors including Ajay Vadakkepatt, Rekha Jayakumar and Unni Krishnan. The company has 4 employees as of March 31, 2017. Pinpark offers products and services including PinPark App and Admin App. Pinpark operates in a competitive market with competitors including Parkoscope, otopark, ParkingPal, SimplyPark and The Digital Parking, among others.

  • Headquarter Kochi, India
  • Employees 4 as on 31 Mar, 2017
  • Founders Amith Sasi, Sasikumar Kumar Sreejith
  • Stage Minicorn
  • Sectors
    Business Services
    Technology
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Oama Parking Solutions Private Limited
  • Date of Incorporation 15 Jul, 2016
  • Jurisdiction Kakkanad, Kerala, India
Operational Areas
Business Services → Facility, Security & Field Operations
Technology → Internet of Things (IoT) & Connectivity
Key Metrics
  • Annual Revenue
    $839.5 (USD)
    0
    as on Mar 31, 2017
  • Net Profit
    -$16.7 K (USD)
    0
    as on Mar 31, 2017
  • EBITDA
    -$12.57 K (USD)
    0
    as on Mar 31, 2017
  • Total Equity Funding
    $38.86 K (USD)

    in 2 rounds

  • Latest Funding Round
    $23.96 K (USD), Angel Round

    Mar 05, 2019

  • Investors

    & 6 more

  • Employee Count
    4

    as on Mar 31, 2017

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Products & Services of Pinpark

Pinpark offers a comprehensive portfolio of products and services, including PinPark App and Admin App.

Primary

App for real-time parking space updates and navigation for drivers.

Tool for parking owners to track metrics and optimize revenue.

Funding Insights of Pinpark

Pinpark has successfully raised a total of $38.86K across 2 strategic funding rounds. The most recent funding activity was a Angel Round of $23.96 thousand completed in March 2019. 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 Rounds 2
  • Last Round Angel Round — $23,963
  • First Round

    (29 Jul 2016)

  • Investors Count 7
Date Amount Transaction Name Valuation Lead Investors Investors
Mar, 2019 Amount Angel Round - Pinpark Valuation Ajay Vadakkepatt
Jul, 2016 Amount Angel Round - Pinpark Valuation Unni Krishnan , Rajeev E R

Investors in Pinpark

Pinpark has secured backing from 7 investors, including angel investors. Prominent investors backing the company include Ajay Vadakkepatt, Rekha Jayakumar and Unni Krishnan.

All
Angel
Investor Description Founded Year Domain Location

Ajay Vadakkepatt

-
Founded Year Domain Location

Rekha Jayakumar

-
Founded Year Domain Location

Unni Krishnan

Angel investor and entrepreneur, focused on tech startups in India.
Founded Year Domain Location

Investments & Acquisitions by Pinpark

Investments

Financial Statements - Pinpark

Pinpark Comparisons

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Competitors of Pinpark

Pinpark 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 Parkoscope, otopark, ParkingPal, SimplyPark and The Digital Parking, among others.

Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Operates a digital marketplace for booking parking spaces.
domain founded_year HQ Location
P2P parking spaces are booked through an app-based platform.
domain founded_year HQ Location
App-based platform for booking parking spots
domain founded_year HQ Location
An online portal for easily finding and booking parking spaces.
domain founded_year HQ Location
Parking spots are booked via an Android app platform.

Latest news on Pinpark

Frequently Asked Questions about Pinpark

Pinpark was founded in 2015 and raised its 1st funding round 1 year after it was founded.

Pinpark is headquartered in Kochi, India. It is registered at Kochi, Kerala, India.

Pinpark is a funded company, having raised a total of $38.86K across 2 funding rounds to date. The company's 1st funding round was a Angel Round of $14.89K, raised on Jul 29, 2016.

As of Mar 31, 2017, the latest employee count at Pinpark is 4.

Annual revenue of Pinpark is $839.5 as on Mar 31, 2017.

PinPark is an AI-powered parking management solution that uses vacancy sensors to deliver real-time availability of parking spaces through a user-friendly mobile app. Drivers can view, navigate to, and pay for spots seamlessly, while owners access tools to optimize revenue and track metrics. Based in Murray, Utah, USA, it serves urban drivers and parking facility operators to reduce time and emissions, enhancing overall mobility efficiency.

Pinpark's top competitors include The Digital Parking, Parkoscope and ParkingPal.

Pinpark offers PinPark App and Admin App.

Pinpark has 7 investors. Key investors include Ajay Vadakkepatt, Rekha Jayakumar, Unni Krishnan, Rajeev E R, and Sreejith P R.

The valuation of Pinpark is $2.74M as of Mar 2019.

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