ValetEZ

Bengaluru, India Founded: 2016 • Age: 10 yrs
Parking management is enabled via a tech-integrated platform.
Annual revenue $716,730 Latest available
Total funding $377,351 6 rounds
Employees 122 Tracked headcount
Investors 26 Known backers
Products 2 Services tracked
Competitors 8 Brand Intelligence

About ValetEZ

ValetEZ is a company based in Bengaluru (India) founded in 2016 by Vasuta Agarwal, Prashant Chandrasekaran, and Smit Raturi. ValetEZ has raised $377.35 thousand across 6 funding rounds from investors including Muthu Ananthanarayanan, Avyakt Kumar and Karishma Chauhan. The company has 122 employees as of April 06, 2024. ValetEZ offers products and services including ValetEZ App and Valet Services. ValetEZ operates in a competitive market with competitors including ParkMate, Valefy, Ska, Valetise and Ping 2 Park, among others.

  • Headquarter Bengaluru, India
  • Employees 122 as on 06 Apr, 2024
  • Founders Vasuta Agarwal, Prashant Chandrasekaran, Smit Raturi
  • Stage Minicorn
  • Sectors
    Transportation, Automotive & Logistics
  • Email
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  • Phone
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  • Website
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  • Social
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  • Legal Name Valetez Services Private Limited
  • Date of Incorporation 24 Mar, 2016
  • Jurisdiction Bangaluru, Karnataka, India
Operational Areas
Transportation, Automotive & Logistics → Road Transportation & Transit Systems Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    $716.73 K (USD)
    152.71
    as on Mar 31, 2023
  • Net Profit
    -$92.08 K (USD)
    -0.34
    as on Mar 31, 2023
  • EBITDA
    -$111.66 K (USD)
    -2.57
    as on Mar 31, 2023
  • Total Equity Funding
    $377.35 K (USD)

    in 6 rounds

  • Latest Funding Round
    $46.76 K (USD), Seed

    Sep 23, 2020

  • Investors

    & 25 more

  • Employee Count
    122

    as on Apr 06, 2024

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Products & Services of ValetEZ

ValetEZ offers a comprehensive portfolio of products and services, including ValetEZ App and Valet Services.

Product name locked
Category locked
Primary

App for pre-booking and managing parking spots with real-time updates.

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Provides valet parking for seamless vehicle handling and security.

Funding Insights of ValetEZ

ValetEZ has successfully raised a total of $377.35K across 6 strategic funding rounds. The most recent funding activity was a Seed round of $46.76 thousand completed in September 2020. 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.

Investors in ValetEZ

ValetEZ has secured backing from 26 investors, including angel investors. Prominent investors backing the company include Muthu Ananthanarayanan, Avyakt Kumar and Karishma Chauhan.

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Angel
Investor Description Founded Year Domain Location

Muthu Ananthanarayanan

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Avyakt Kumar

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Karishma Chauhan

Angel investor focusing on early-stage Indian startups in tech and consumer sectors.
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Investor details for ValetEZ

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Investments & Acquisitions by ValetEZ

Investments
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Investment portfolio details for ValetEZ

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Financial Statements - ValetEZ

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Detailed financials for ValetEZ

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Valetez Comparisons

ValetEZ Primary company
Description
Parking management is enabled via a tech-integrated platform...
Location
Bengaluru, India
Founded Year
2016
Annual Revenue
$716.73 K (USD)
Net Profit
-$92.08 K (USD)
EBITDA
-$111.66 K (USD)
Employees
122
As of 2024
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Peer comparison for ValetEZ

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Competitors of ValetEZ

ValetEZ 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 ParkMate, Valefy, Ska, Valetise and Ping 2 Park, among others.

Company Name Domain Founded year HQ Location Description
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App-based platform for booking valet parking services
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A mobile app for booking valet parking services conveniently.
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A mobile app that enables users to book valet parking services conveniently.
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Provides online platform for betting registration, sports updates, and user winnings.
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An on-demand provider for convenient parking solutions.
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Detailed competitors of ValetEZ

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Latest news on Valetez

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Complete news archive for ValetEZ

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Frequently Asked Questions about ValetEZ

ValetEZ was founded in 2016.

ValetEZ is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.

Smit Raturi is the current CEO of ValetEZ. They have also founded this company.

ValetEZ is a funded company, having raised a total of $377.35K across 6 funding rounds to date.

As of Apr 06, 2024, the latest employee count at ValetEZ is 122.

Annual revenue of ValetEZ is $716.73K as on Mar 31, 2023.

Tech-enabled platform for parking management. The platform is integrated with on-ground hardware IoT-devices to offer optimum solutions to clients. It offers modules like online reports, parking admin, and more. Also, it offers features like optimized parking utilization, interactive dashboard, inventory tracking, parking lot management, and more. Platform brings together multiple stakeholders, including parking space owners, operators, and users, to create parking experience. The platform uses real-time occupancy and payment data to optimize parking space usage and improve the parking experience for drivers.

ValetEZ's top competitors include ParkMate, Valefy and Valetise.

ValetEZ offers ValetEZ App and Valet Services.

ValetEZ has 26 investors. Key investors include Muthu Ananthanarayanan, Avyakt Kumar, Karishma Chauhan, Chandrakanth Reddy Gopireddy, and Ratish Kumar Nair.

The valuation of ValetEZ is $4.11M as of Sep 2020.

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