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eleven-x Analysis: $0.5M Raised

What is eleven-x?

eleven-x is a smart parking solution provider specializing in real-time occupancy monitoring and data analytics. Their innovative approach enhances parking management and improves the driver experience by providing actionable insights. This technology reduces congestion and optimizes space usage, benefiting municipalities, campuses, and private organizations.

HQ Country
Waterloo, Canada
Employees
11-50
Founded
2014
Industry
IoT, Data Analytics, Govtech

Product Features & Capabilities

  • eXactpark smart parking solution for real-time occupancy monitoring
  • Guidance and wayfinding for directing drivers to available spaces
  • Intelligent enforcement with real-time overstay alerts
  • Insights and analytics for data-driven decision making
  • Performance parking and dynamic pricing for optimized operations.

How much eleven-x raised

Seed - $30K

December 10, 2015
Lead Investor: Accelerator Centre

Seed - $500K

May 6, 2020
Lead Investor: Credit Mutuel Equity (lead investor)

Financial Overview

$0.5MTotal Raised
Seed$30K
December 10, 2015
Investors: Accelerator Centre
Seed$500K
May 6, 2020
Investors: Credit Mutuel Equity (lead investor)
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