# Parkamo

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

- Industry: Internet
- Headquarters: Munich, Germany
- Website: www.parkamo.com
- Total disclosed funding: $2.4M
- Latest round: Series A (Oct 28, 2021)
- Investors on record: 3

## About

Based in München, Germany, and founded in 2019 by CEO Katharina Wagner, Parkamo GmbH, aka Parkamo, operates as a mobile application provider for searching, comparing, and parking vehicles, and allows drivers to park as well. In October 2021, Parkamo GmbH raised EUR 2.1 million in Series A funding from lead investor Aggregate, with participation from EPTI and AllaNova Gruppen. The Series A funding values Parkamo GmbH at EUR 11.28 post-money.

Parkamo offers a mobile application to solve the problem of parking. The application is an intelligently designed solution that allows drivers to locate the best parking options in the vicinity, compare prices, and avoid areas with high parking pressure. Additionally, the app has a "Green Parking" feature that uses a portion of its revenue to offset carbon emissions for each paid parking space. The company offers parking garages, private parking spots, and other on-street parking places. The mobile application allows its users to pay parking charges through the application.

## Funding rounds

- Series A, Oct 28, 2021, $2.4M — Aggregate, EPTI, AllaNova Gruppen

## Investors

- Aggregate (https://capitalatlas.ai/funds/aggregate) — Series A
- EPTI (https://capitalatlas.ai/funds/epti) — Series A
- AllaNova Gruppen — Series A