i PARKING
Latest round
- Series B
Last raised
- Aug 2017
Total raised
- $13M
Investors
- 4
About i PARKING
Based in South Korea, i Parking provides advanced parking solutions through a cloud platform, enhancing management for users and providers.i Parking, founded in 2009 and headquartered in Seoul, South Korea, specializes in innovative parking management solutions. Ltd.i Parking specializes in providing advanced parking solutions centered around a cloud platform. The company offers a comprehensive suite of products and services designed to enhance the parking experience for both users and providers. Its core offerings include smart parking management systems, AI License Plate Recognition (LPR) cameras, and mobile application services tailored for real-time parking space management and guidance. The technology benefits a diverse client base, including major retail chains, airports, and commercial buildings, with notable customers such as Starbucks, Homeplus, and various national airports. These solutions have been instrumental in addressing common parking challenges, including the need for efficient space utilization and improved user accessibility.60. The company generates revenue through structured service subscriptions and equipment leasing agreements, engaging clients through tailored contracts that include installation and maintenance of parking management systems, often supported by ongoing service fees. The pricing strategy reflects the value of its advanced technology and the operational efficiencies it delivers, with service plans designed to accommodate varying client requirements. The company is also planning to expand into new geographic markets, specifically targeting metropolitan areas in Southeast Asia by 2025. This strategy is expected to enhance its product offerings and market reach, leveraging the recent investment to support these initiatives.
Who invested in i PARKING
4 investors across 1 round
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Funding rounds
Series B
Aug 16, 2017
Amount
$13M
Investors
Questions about i PARKING
Who invested in i PARKING?
i PARKING has 4 investors on record across 1 venture round. Sign up free to see every VC on the cap table and the rounds they joined.
How much funding has i PARKING raised?
i PARKING has raised 1 venture round. Sign up free to see how much each round raised and the total.
When did i PARKING last raise money?
i PARKING's most recent round on record is a Series B, in Aug 2017.
What does i PARKING do?
Based in South Korea, i Parking provides advanced parking solutions through a cloud platform, enhancing management for users and providers.
Where is i PARKING headquartered?
i PARKING is headquartered in Seoul, South Korea.
Which VCs invest in companies like i PARKING?
Among active investors with capital left to deploy, Yufu Capital, ICBC Capital Management, Ningbo Tongshang Fund and Boc Private Equity Firm back software companies at i PARKING's stage. Their profiles are linked below.
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