About Republic Parking
Republic Parking is a company based in Chattanooga (United States) founded in 1996 was acquired by Impark in April 2016.. The company has 1,313 employees as of December 31, 2016. Republic Parking offers products and services including Parking Management, Web-based Payment System, and Parking App. Republic Parking operates in a competitive market with competitors including Arrive, Parkmobile, AirGarage, Streetline and Smarking, among others.
- Headquarter Chattanooga, United States
- Employees 1313 as on 31 Dec, 2016
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Sectors
Transportation, Automotive & Logistics
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Republic Parking Systems, Inc.
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Annual Revenue
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Net Profit
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EBITDA
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Latest Funding Round
- Investors
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Employee Count
1313
as on Dec 31, 2016
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Acquired by
Impark
(Apr 08, 2016)
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Products & Services of Republic Parking
Republic Parking offers a comprehensive portfolio of products and services, including Parking Management, Web-based Payment System, and Parking App. 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.
Manages parking facilities for various sectors and clients
Handles online payments for parking and citations
App for finding and managing monthly parking options
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Funding Insights of Republic Parking
- Total Funding Total Funding
- Total Rounds 1
- Last Round Last Round
- First Round First Round
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Mar, 2011 | Amount | Grant - Republic Parking | Valuation |
investors |
| 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 Republic Parking
Republic Parking has secured backing from 2 investors, including institutional investors. Prominent investors backing the company include United States Department of Agriculture and Impark. 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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Leadership is provided on agriculture, food, and rural development matters.
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Founded Year | Domain | Location | |
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Parking management services are provided by Impark in Canada.
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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 Republic 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 - Republic 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 |
Republic Parking Comparisons
Competitors of Republic Parking
Republic Parking 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 Arrive, Parkmobile, AirGarage, Streetline and Smarking, 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 |
Tech-enabled platform for parking and mobility management solutions is provided.
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| domain | founded_year | HQ Location |
Parking spaces are booked via a mobile app platform.
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| domain | founded_year | HQ Location |
Tech-enabled platform offering comprehensive parking booking & management solutions
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| domain | founded_year | HQ Location |
Parking occupancy is detected using AI-enabled wireless sensors.
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| domain | founded_year | HQ Location |
SaaS parking management solutions are provided for operators worldwide.
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| domain | founded_year | HQ Location |
Parking management and regulation services are operated in Spain.
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| 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 Republic Parking
When was Republic Parking founded?
Republic Parking was founded in 1996 and raised its 1st funding round 15 years after it was founded.
Where is Republic Parking located?
Republic Parking is headquartered in Chattanooga, United States. It is registered at Chattanooga, Tennessee, United States.
How many employees does Republic Parking have?
As of Dec 31, 2016, the latest employee count at Republic Parking is 1,313.
What does Republic Parking do?
Republic Parking was established in 1996 in Chattanooga, United States, within the parking management sector. Off-street parking operations are handled through a SaaS system, alongside automated parking solutions, shuttle and valet services, facility design reviews, and a payments portal. Services extend to airports, municipal areas, urban lots, hospitals, and office buildings. An accompanying app is accessible on iOS and Android platforms.
Who are the top competitors of Republic Parking?
Republic Parking's top competitors include Arrive, AirGarage and Parkmobile.
What products or services does Republic Parking offer?
Republic Parking offers Parking Management, Web-based Payment System, and Parking App.
Who are Republic Parking's investors?
Republic Parking has 2 investors. Key investors include United States Department of Agriculture, and Impark.
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