About Smarking
Smarking is a company based in San Francisco (United States) founded in 2014 by Maokai Lin and Wen Sang was acquired by Parkhub in October 2022.. Smarking has raised $3.12 million across 2 funding rounds from investors including Parkhub, Khosla Ventures and FinSight. Smarking operates in a competitive market with competitors including Arrive, Parkmobile, AirGarage, Streetline and Nealle, among others.
- Headquarter San Francisco, United States
- Founders Maokai Lin, Wen Sang
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Sectors
Transportation, Automotive & Logistics
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Email
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Phone
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Website
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Social
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Funding Insights of Smarking
Smarking has successfully raised a total of $3.12M across 2 strategic funding rounds. The most recent funding activity was a Seed round of $120 thousand completed in June 2015. 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 Funding
- Total Rounds 2
- Last Round Seed — $120,000
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First Round
First Round
(13 May 2015)
- Investors Count 10
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jun, 2015 | Amount | Seed - Smarking | Valuation | Y Combinator |
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| May, 2015 | Amount | Seed - Smarking | Valuation | Khosla Ventures , Slow Ventures |
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| 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 Smarking
Smarking has secured backing from 11 investors, including venture fund and institutional investors. Prominent investors backing the company include Parkhub, Khosla Ventures and FinSight. 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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Early-stage startups are accelerated via funding and educational programs.
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Founded Year | Domain | Location | |
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Early-stage startups are funded by this venture capital firm.
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Founded Year | Domain | Location | |
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Tech-focused Early-stage centric VC Firm investing primarily in the US
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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 Smarking
| 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 - Smarking
| 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 |
Smarking Comparisons
Competitors of Smarking
Smarking 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 Nealle, 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 |
Parking management solutions are delivered through a SaaS platform.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| 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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Latest news on Smarking
Frequently Asked Questions about Smarking
When was Smarking founded?
Smarking was founded in 2014 and raised its 1st funding round 1 year after it was founded.
Where is Smarking located?
Smarking is headquartered in San Francisco, United States. It is registered at San Francisco, California, United States.
Who is the current CEO of Smarking?
Wen Sang is the current CEO of Smarking. They have also founded this company.
Is Smarking a funded company?
Smarking is a funded company, having raised a total of $3.12M across 2 funding rounds to date. The company's 1st funding round was a Seed of $3M, raised on May 13, 2015.
What does Smarking do?
Smarking was founded in 2014 and is headquartered in San Francisco, United States. A SaaS platform is offered to parking operators, asset owners, municipalities, and airports for managing parking operations. Features include dynamic pricing based on demand, smart passes, and business intelligence tools. Optimal rates are automatically adjusted according to real-time demand patterns.
Who are the top competitors of Smarking?
Smarking's top competitors include Arrive, AirGarage and Parkmobile.
Who are Smarking's investors?
Smarking has 11 investors. Key investors include Parkhub, Khosla Ventures, FinSight, Utopian Ventures, and Y Combinator.
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