# PixelByte Sdn Bhd

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/pixelbyte-sdn-bhd

- Industry: Software
- Headquarters: Kuala Lumpur, Malaysia
- Website: www.parkeasy.co
- Total disclosed funding: $0.1M
- Latest round: Seed (Nov 11, 2015)
- Investors on record: 1

## About

PixelByte Sdn Bhd specializes in a mobile application for reserving parking spaces, enhancing convenience for urban commuters and travelers by streamlining the parking process in high-demand areas.Founded in 2014 in Kuala Lumpur, Malaysia, PixelByte Sdn Bhd operates the ParkEasy platform, which allows users to reserve parking spaces. The company raised USD 0.12 mn in Seed funding from Rockstart Enterprises in October 2017, which comprises the total amount raised of USD 0.12 mn. The current valuation of the company is USD 1.80 mn. Eric Tan is the founder, while Leandro Barbosa and Warren Chan serve as the company's CEO.ParkEasy is a mobile application that facilitates the reservation of parking spaces in preferred locations. Users can secure parking spots up to an hour in advance, catering primarily to urban commuters and travelers facing parking challenges. The application is designed for cities with high parking demand, aiming to improve the user experience in urban environments.In the most recent year, 2023, ParkEasy generated a revenue of USD 702,345, with an EBITDA of USD 76,103.6.PixelByte Sdn Bhd plans to leverage recent funding to enhance its mobile application and expand its services into additional metropolitan areas by late 2024. The funding from the most recent Seed round will support the development of new features and potential partnerships, aimed at increasing user engagement and overall market presence.

## Funding rounds

- Seed, Nov 11, 2015, $0.1M — 1337 Ventures

## Investors

- 1337 Ventures (https://capitalatlas.ai/funds/1337-ventures) — Seed