Parkmobile
Latest round
- Seed
Last raised
- Feb 2013
Total raised
- $6.3M
Investors
- 4
About Parkmobile
Parkmobile, LLC was founded in 2008 and is headquartered in Atlanta, US. The company specializes in mobile parking solutions, having pivoted towards app-based services to enhance user convenience.V.ParkMobile's core offerings revolve around a mobile application that facilitates parking management for users in various urban environments. The app allows drivers to find, pay for, and reserve parking spots, enhancing the parking experience by eliminating the need for physical currency or meters., San Francisco, and Chicago. The app's target clientele includes individual drivers seeking convenience and efficiency, as well as businesses managing fleets or event parking.ParkMobile generates revenue through transaction fees associated with its parking services, which include both on-street parking and reservation options. The business model involves direct payments made by consumers via the app for parking sessions, alongside partnerships with municipalities and parking facility operators. Clients using the ParkMobile app can pay for parking via credit card or mobile payment options, contributing to the transactional revenue structure.In March 2021, EasyPark Group, a portfolio company of Verdane Capital Advisors and Vitruvian Partners, agreed to acquire Parkmobile, LLC. This acquisition aims to accelerate EasyPark Group's long-term growth and development capabilities. Future growth plans may include the introduction of new features within the Parkmobile application to enhance user experience, although specific details and release dates are currently undisclosed. Additionally, the company might explore expansion into new markets, focusing on urban areas with high parking demands to leverage its existing technology.
Who invested in Parkmobile
4 investors across 1 round
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Funding rounds
Seed
Feb 7, 2013
Amount
$6.3M
Investors
Questions about Parkmobile
Who invested in Parkmobile?
Parkmobile 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 Parkmobile raised?
Parkmobile has raised 1 venture round. Sign up free to see how much each round raised and the total.
When did Parkmobile last raise money?
Parkmobile's most recent round on record is a Seed, in Feb 2013.
What does Parkmobile do?
Parkmobile, LLC was founded in 2008 and is headquartered in Atlanta, US.
Where is Parkmobile headquartered?
Parkmobile is headquartered in Atlanta, US.
Which VCs invest in companies like Parkmobile?
Among active investors with capital left to deploy, Andreessen Horowitz, Founders Fund, Accel and Thrive Capital back software companies at Parkmobile's stage. Their profiles are linked below.
VCs backing software startups at Seed
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