About Platinum Parking
Platinum Parking is a company based in Dallas (United States) founded in 1999 was acquired by The Broe Group in August 2024. It operates as a Managed Services. Platinum Parking offers products and services including Parking Management, Valet Services, Parking Enforcement, Airport Parking Management, and Special Event Parking.
- Headquarter Dallas, United States
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Sectors
Business Services
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Platinum Parking
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Annual Revenue
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Net Profit
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EBITDA
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Latest Funding Round
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Investors
Callaway Capital Management
& 1 more
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Employee Count
Employee Count
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Acquired by
The Broe Group
(Aug 19, 2024)
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Products & Services of Platinum Parking
Platinum Parking offers a comprehensive portfolio of products and services, including Parking Management, Valet Services, Parking Enforcement, Airport Parking Management, and Special Event Parking. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Parking facilities are managed across multiple US cities.
Valet parking is offered for various event types.
Enforcement solutions are provided using license plate recognition.
Airport parking facilities are managed for traveler convenience.
Parking solutions are arranged for special event attendees.
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Funding Insights of Platinum Parking
| 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 Platinum Parking
Platinum Parking has secured backing from 2 investors, including venture fund investors. Prominent investors backing the company include Callaway Capital Management and The Broe Group. 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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Founded Year | Domain | Location | |
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Manages alternative assets specializing in deep-value, distressed, and special situations investments.
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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 Platinum Parking
| 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 - Platinum Parking
| 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 |
Platinum Parking Comparisons
Competitors of Platinum Parking
| Company Name | Domain | Founded year | HQ Location | Description |
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| 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 Platinum Parking
When was Platinum Parking founded?
Platinum Parking was founded in 1999.
Where is Platinum Parking located?
Platinum Parking is headquartered in Dallas, United States. It is registered at Dallas, Texas, United States.
What does Platinum Parking do?
Platinum Parking is involved in managing parking facilities across multiple cities in the United States. Over 300 facilities with more than 100,000 parking spaces are operated, covering sectors like airport parking, valet services, and special event parking. Solutions such as parking enforcement using license plate recognition technology are provided. The company ensures consistent operations and superior facility appearance through well-trained staff and strong management. Growth has been achieved by focusing on operational details and financial performance at each location.
What products or services does Platinum Parking offer?
Platinum Parking offers Parking Management, Valet Services, Parking Enforcement, Airport Parking Management, and Special Event Parking.
Who are Platinum Parking's investors?
Platinum Parking has 2 investors. Key investors include Callaway Capital Management, and The Broe Group.