Parkdepot Analysis: $19M Raised
What is Parkdepot?
Parkdepot specializes in digital parking solutions using advanced license plate recognition technology. Their approach eliminates the need for barriers and ticketing, providing a seamless parking experience. This innovation enhances customer satisfaction and optimizes parking space usage for businesses.
Employees
201-500
Founded
2019
Industry
SaaS, FinTech, Mobility Tech
Latest Funding Round Size
Series A
Public Company Status
Private
Recent Venture Round Amount
$15,000,000
Product Features & Capabilities
- Carpay for paid parking
- Supervision for unpaid parking
- License plate recognition for entry and exit
- Automated parking duration tracking
- Customer support for operational management.
Use Cases
Streamline parking management for retail locations; Reduce unauthorized parking in commercial areas; Enhance customer experience with ticketless parking; Optimize parking space availability during peak times; Automate payment processes for parking fees.
How much Parkdepot raised
Seed - €4.2 million
March 31, 2021Lead Investor: henQ
Series A - €15 million
December 12, 2022Lead Investor: Surplus Equity Partners, Armira Growth, henQ
Other Considerations
Over 1 million parking transactions processed daily; Serves over 1,000 parking locations across Europe; Utilizes advanced computer vision and AI technology.
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