Parknav Overview

  • Year Founded
  • 2009

Year Founded

  • Status
  • Private

  • Employees
  • 17

Employees

  • Latest Deal Type
  • Crowdfunding

  • Latest Deal Amount
  • $1.33M

  • Investors
  • 12

Parknav General Information

Description

Developer of an on-street parking platform designed to offer precise parking availability information for mobility, smart city, transportation, and automotive sectors. The company's platform uses machine learning and predictive analytics to know where there is open on-street parking in real-time and turns location data from various cellphones into actionable insights about how people move through cities, enabling drivers to get route guidance and information about parking spaces.

Contact Information

Website
www.parknav.com
Formerly Known As
Faspark
Ownership Status
Privately Held (backing)
Financing Status
Venture Capital-Backed
Corporate Office
  • 122 South Michigan Avenue
  • Suite 1390-K13
  • Chicago, IL 60603
  • United States
+1 (773)
Primary Industry
Automotive
Other Industries
Road
Vertical(s)
SaaS, Artificial Intelligence & Machine Learning, Internet of Things
Corporate Office
  • 122 South Michigan Avenue
  • Suite 1390-K13
  • Chicago, IL 60603
  • United States
+1 (773)

Parknav Timeline

2022202320242025
Financing RoundCaptured Employee CountEstimated Employee Growth

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Parknav Valuation & Funding

Deal Type Date Amount Raised to Date Post-Val Status Stage
13. Equity Crowdfunding 15-Jul-2022 $1.33M Completed Generating Revenue
12. Equity Crowdfunding 19-Nov-2021 Completed Generating Revenue
11. Equity Crowdfunding 30-Apr-2021 Completed Generating Revenue
10. Equity Crowdfunding 30-Apr-2021 Completed Generating Revenue
9. Debt - General 27-Apr-2020 Completed Generating Revenue
8. Accelerator/Incubator 15-Jan-2020 Completed Generating Revenue
7. Later Stage VC 01-Oct-2018 Completed Generating Revenue
6. Angel (individual) 01-Aug-2017 Completed Generating Revenue
5. Accelerator/Incubator 18-Mar-2017 $500K Completed Generating Revenue
4. Grant 01-Aug-2015 $50K $500K Completed Generating Revenue
To view Parknav’s complete valuation and funding history, request access »

Parknav Comparisons

Description
Primary
Industry
HQ Location
Employees
Total Raised
Post Valuation
Last
Financing
Details
Developer of an on-street parking platform designed to offer precise parking availability information for mobility, smar
Automotive
Chicago, IL
17 As of 2025

Kirkland, WA
 

Amsterdam, Netherlands
 
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Parknav Competitors (2)

One of Parknav’s 2 competitors is INRIX, a Venture Capital-Backed company based in Kirkland, WA.

Company Name Financing Status Location Employees Total Raised Last Financing Date/Type Last Financing Amount
INRIX Venture Capital-Backed Kirkland, WA
TomTom Corporation Amsterdam, Netherlands
You’re viewing 2 of 2 competitors. Get the full list »

Parknav Patents

Parknav Recent Patent Activity

Publication ID Patent Title Status First Filing Date Technology (CPC) Citations
US-10290073-B2 Providing guidance for locating street parking Active 27-Dec-2010
US-9443428-B2 Providing guidance for locating street parking Active 27-Dec-2010
US-20120161986-A1 Providing guidance for locating street parking Inactive 27-Dec-2010
US-20120161984-A1 Providing guidance for locating street parking Active 27-Dec-2010
US-20120161985-A1 Providing guidance for locating street parking Active 27-Dec-2010 G06Q50/40
To view Parknav’s complete patent history, request access »

Parknav Signals

Growth Rate

Weekly
Growth
Weekly Growth

Size Multiple

Median
Size Multiple

Key Data Points

Similarweb Unique Visitors

Majestic Referring Domains

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Parknav Investors (12)

Investor Name Investor Type Holding Investor Since Participating Rounds
Impact Assets Impact Investing Minority
Government of The United States of America Government Minority
Wayra UK Corporate Venture Capital
Cloud Toronto Venture Capital Venture Capital Minority
Linus Ventures Venture Capital Minority
You’re viewing 5 of 12 investors. Get the full list »

Parknav FAQs

  • When was Parknav founded?

    Parknav was founded in 2009.

  • Where is Parknav headquartered?

    Parknav is headquartered in Chicago, IL.

  • What is the size of Parknav?

    Parknav has 17 total employees.

  • What industry is Parknav in?

    Parknav’s primary industry is Automotive.

  • Is Parknav a private or public company?

    Parknav is a Private company.

  • What is Parknav’s current revenue?

    The current revenue for Parknav is .

  • How much funding has Parknav raised over time?

    Parknav has raised $6.54M.

  • Who are Parknav’s investors?

    Impact Assets, Government of The United States of America, Wayra UK, Cloud Toronto Venture Capital, and Linus Ventures are 5 of 12 investors who have invested in Parknav.

  • Who are Parknav’s competitors?

    INRIX and TomTom are competitors of Parknav.

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