# Parking In Motion

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/parking-in-motion

- Industry: Software
- Headquarters: Santa Monica, US
- Website: www.parkinginmotion.com
- Latest round: Series A (Sep 28, 2011)
- Investors on record: 2

## About

Parking In Motion, Inc. provides a premium domain name for sale, specifically designed for businesses and individuals within the parking and transportation sectors, facilitating efficient online interactions and solutions.Parking In Motion, Inc. focuses on offering a premium domain name that serves as a digital address for parking services. The company is headquartered in Santa Monica, US. It has engaged in 2 deals, with its most recent financing round occurring on January 23, 2013, from returning investors Fontinalis Partners and IDG Ventures.ParkingInMotion.com is primarily positioned as a premium domain name available for sale, catering to businesses and individuals looking to establish a strong online presence in the parking and transportation sectors. The core offering centers around the domain name itself, which serves as a digital address for potential clients seeking to engage with parking services, mobile applications, or transportation solutions. The end use case aims to solve the challenges of parking management and accessibility, allowing users to connect with services that facilitate efficient vehicle parking. The target customer base encompasses startups, established businesses, and entrepreneurs within the parking industry and adjacent fields, who are looking for a memorable and relevant online identity. Geographically, the products are marketed primarily to clients in North America, Europe, and Asia, where the demand for innovative parking solutions is on the rise.The revenue structure for ParkingInMotion.com is centered around domain sales, with the domain priced at USD 995 or available through a payment plan of USD 41.46 per month over 24 months. Transactions typically occur directly between the company and its clients, facilitating a straightforward purchase process. Customers may opt for a one-time payment or a structured payment plan, which provides flexibility for buyers looking to manage cash flow while securing a premium domain. The company's pricing model reflects its strategy to attract a diverse clientele, including both B2B clients and individual entrepreneurs aiming to enhance their brand visibility. The transaction structure is designed to ensure a seamless exchange, with instant domain access following the completion of the purchase, thereby allowing customers to begin utilizing their new digital asset promptly.In January 2013, Parking In Motion, Inc. secured financing from returning investors Fontinalis Partners and IDG Ventures, which has been earmarked to support the company's strategic initiatives. Upcoming plans include the development of new digital products aimed at enhancing the user experience and expanding into the North American and European markets by the end of 2024, where the demand for innovative parking solutions is significant.

## Funding rounds

- Series A, Sep 28, 2011 — Ridge Ventures, Fontinalis Partners

## Investors

- Ridge Ventures (https://capitalatlas.ai/funds/ridge-ventures) — Series A
- Fontinalis Partners (https://capitalatlas.ai/funds/fontinalis-partners) — Series A