# Cleverciti Systems

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/cleverciti-systems

- Industry: Software
- Headquarters: Munich, Germany
- Website: www.cleverciti.com/
- Total disclosed funding: $21M
- Latest round: Series A (Oct 14, 2020)
- Investors on record: 4

## About

Cleverciti Systems GmbH specializes in smart parking solutions, utilizing innovative technology to enhance parking management, reduce congestion, and improve compliance for urban areas, ultimately optimizing the parking experience for users and stakeholders alike.Founded in 2012 and headquartered in Munich, Germany, Cleverciti Systems GmbH focuses on developing solutions for smart parking management. In?October 2025,?ParkHelp Technologies acquired Cleverciti Systems GmbH from?SPDG, EnBW New Ventures, KfW Banking Group, and The Westly Group. Financial terms of the transaction were not disclosed. Thomas Hohenacker and Konrad Prinz-Dreher founded the firm. David Parker is leading the firm as CEO as of 2025. Cleverciti offers comprehensive smart parking solutions designed to address parking management, congestion, and compliance challenges through the use of integrated technology. The company’s core product suite includes the Cleverciti Sensor, CleverPortal, Cleverciti Circ, Cleverciti Sign, and the Cleverciti App, all of which leverage real-time occupancy and payment data to optimize the parking experience. These solutions provide turn-by-turn navigation to available parking spaces, support payment processing, and facilitate data analytics for various stakeholders, including city planners, parking operators, and retail businesses. The technology is utilized in numerous geographical markets, including major urban centers in Europe, North America, and Asia, focusing on enhancing quality of life, reducing emissions, and increasing revenue for municipalities and private entities alike.Cleverciti operates a revenue model primarily based on subscription services and partnerships with municipalities and private sector stakeholders. The company generates revenue through the sale and installation of its smart parking systems, which may include ongoing service agreements for data management and maintenance. Transactions typically involve contracts where clients pay for the implementation of their smart parking solutions, as well as recurring fees for software and service support. Specific pricing structures for individual products or services are established based on client needs and the scope of the project, ensuring tailored solutions that meet diverse requirements across its client base. With a focus on enhancing parking management capabilities, Cleverciti aims to maximize the return on parking assets for its partners, fostering long-term relationships through effective service delivery. The acquisition enables ParkHelp Technologies to combine its parking guidance technology with Cleverciti’s curb management solutions, creating an integrated platform for real-time parking and traffic optimization.

## Funding rounds

- Series A, Oct 14, 2020, $5.6M — KfW Banking Group, The Westly Group, SPDG, EnBW New Ventures
- Series A, Jun 1, 2017, $15M — The Westly Group, SPDG, EnBW New Ventures

## Investors

- The Westly Group (https://capitalatlas.ai/funds/the-westly-group) — Series A
- SPDG — Series A
- EnBW New Ventures (https://capitalatlas.ai/funds/enbw-new-ventures) — Series A
- KfW Banking Group — Series A