# Park Depot

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/park-depot

- Industry: Software
- Headquarters: Munich, Germany
- Website: www.park-depot.com
- Total disclosed funding: $20M
- Latest round: Series A (Aug 12, 2022)
- Investors on record: 3

## About

Based in Germany, and founded in 2019, ParkDepot GmbH operates as a parking technology company. The company was founded by its CEO Jacob Bodenmuller, Bastian Pieper, Yukio Iwamoto, and Moritz Bodenmuller. In March 2021, Parkdepot raised EUR 4.2 million in seed funding led by new investor henQ. As of 2022, the company had 166 employees.

The products and services offered by ParkDepot include a parking depot system, which is a digital platform that manages customers’ parking areas; barrier and ticket-free parking, which is a platform that uses license plate scanners to manage parking spaces without barriers or tickets; and a digital booking platform, which is a platform for renting out parking spaces; The software offers multiple features, such as license plate recognition, data analysis, dashboard, and more.

The company plans to use the funds raised in March 2021 to fuel its growth, both sales-wise and product-wise.

## Funding rounds

- Series A, Aug 12, 2022, $15M — henQ, Armira Partners
- Seed, Feb 18, 2021, $5.1M — henQ, Founders First Capital Partners

## Investors

- henQ (https://capitalatlas.ai/funds/henq) — Seed, Series A
- Founders First Capital Partners (https://capitalatlas.ai/funds/founders-first-capital-partners) — Seed
- Armira Partners (https://capitalatlas.ai/funds/armira-partners) — Series A