# DouzePointCinq

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/douzepointcinq

- Industry: Business Support Services
- Headquarters: Paris, France
- Website: www.douzepointcinq.com
- Total disclosed funding: $3.7M
- Latest round: Seed (Oct 4, 2023)
- Investors on record: 6

## About

Based in Paris, France and founded in 2020, DouzePointCinq also known as 12.5 provides two-wheeler parking solutions. The company was founded by Paul Martichoux and Diego Delamare. In October 2023, the firm raised EUR 3.5 million in Seed funding led by investor La Poste SA, with participation from investors Femmes Business Angels, Finple, INSEAD Business Angels Club, Takara Capital and Women Business Angels.

The company offers parking lots to scooters, motorcycles, bicycle and other two-wheelers by utilising the unoccupied underground parking spaces. It helps the vehicle owner find the nearest available parking and ensure the availability of required space as per vehicle specification and security of the vehicle.

The firm generates its revenue by charging for its parking space such as EUR 45 per month for scooter parking, EUR 18 per month for bicycle parking, and EUR 45 per month for cargo parking.

The company plans to use the October 2023 funding to accelerate its growth in several large French cities.

## Funding rounds

- Seed, Oct 4, 2023, $3.7M — INSEAD Business Angels Club, Femmes Business Angels, Women Business Angels, Takara Capital, La Poste SA, Finple

## Investors

- INSEAD Business Angels Club — Seed
- Femmes Business Angels — Seed
- Women Business Angels — Seed
- Takara Capital (https://capitalatlas.ai/funds/takara-capital) — Seed
- La Poste SA — Seed
- Finple — Seed