ParkEasy Overview
- Year Founded
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2014
- Status
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Acquired/Merged
- Employees
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5
- Latest Deal Type
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M&A
ParkEasy General Information
Description
Developer of an automated parking assistant application designed to let users search for and book parking spaces for their automobiles. The company's software uses a Bluetooth-powered indoor navigation system that guides users straight to their reserved parking bays and has their license plate displayed above it on an LED signboard, enabling users to book their parking space in advance and eliminating time and stress involved in finding a car parking area within in their immediate vicinity.
Contact Information
Website
www.parkeasy.co(Operating Subsidiary)
Corporate Office
- Menara OBYU, 4, Jalan PJU 8/8A, Damansara Perdana
- Suite 11.01, Level 11, South Wing
- Petaling Jaya, Selangor 47820
- Malaysia
Corporate Office
- Menara OBYU, 4, Jalan PJU 8/8A, Damansara Perdana
- Suite 11.01, Level 11, South Wing
- Petaling Jaya, Selangor 47820
- Malaysia
ParkEasy Valuation & Funding
| Deal Type | Date | Amount | Raised to Date | Post-Val | Status | Stage |
|---|---|---|---|---|---|---|
| 9. Merger/Acquisition | 01-Sep-2022 | Completed | Generating Revenue | |||
| 8. Early Stage VC (Series A) | 16-Mar-2018 | Completed | Generating Revenue | |||
| 7. Seed Round | 31-Mar-2016 | Completed | Generating Revenue | |||
| 6. Seed Round | 08-Jan-2015 | Completed | Generating Revenue | |||
| 5. Grant | 31-Aug-2014 | Completed | Startup | |||
| 4. Grant | Completed | Startup | ||||
| 3. Early Stage VC | Completed | Startup | ||||
| 2. Seed Round | Completed | Startup | ||||
| 1. Accelerator/Incubator | Completed | Startup |
ParkEasy Cap Table
| Stock | # of Shares Authorized |
Par Value | Dividend Rate (%) | Original Issue Price |
Liquidation | Liquidation Pref. Multiple |
Conversion Price | % Owned |
|---|---|---|---|---|---|---|---|---|
| Seed |
ParkEasy Related Research & Analysis
Explore institutional-grade private market research from our team of analysts.
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Verticals
ParkEasy Patents
ParkEasy Recent Patent Activity
| Publication ID | Patent Title | Status | First Filing Date | Technology (CPC) | Citations |
|---|---|---|---|---|---|
| WO-2016148560-A1 | System and method for finding and locating available parking space within an area | Inactive | 19-Mar-2015 |
ParkEasy Signals
Growth Rate
Growth
Size Multiple
Key Data Points
Similarweb Unique Visitors
Majestic Referring Domains
ParkEasy Former Investors (4)
| Investor Name | Investor Type | Holding | Investor Since | Participating Rounds |
|---|---|---|---|---|
| 1337 Ventures | Venture Capital | Minority | ||
| CMY Capital | Corporation | Minority | ||
| Cradle Fund | Accelerator/Incubator | Minority | ||
| Kumpulan Modal Perdana | Venture Capital | Minority |
ParkEasy FAQs
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When was ParkEasy founded?
ParkEasy was founded in 2014.
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Where is ParkEasy headquartered?
ParkEasy is headquartered in Petaling Jaya, Malaysia.
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What is the size of ParkEasy?
ParkEasy has 5 total employees.
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What industry is ParkEasy in?
ParkEasy’s primary industry is Automotive.
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Is ParkEasy a private or public company?
ParkEasy is a Private company.
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What is ParkEasy’s current revenue?
The current revenue for ParkEasy is .
-
How much funding has ParkEasy raised over time?
ParkEasy has raised $490K.
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Who are ParkEasy’s investors?
1337 Ventures, CMY Capital, Cradle Fund, and Kumpulan Modal Perdana have invested in ParkEasy.
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When was ParkEasy acquired?
ParkEasy was acquired on 01-Sep-2022.
-
Who acquired ParkEasy?
ParkEasy was acquired by Shell Malaysia.
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