ParkAround is a technology company providing innovative parking solutions designed to enhance the parking experience for both individual drivers and car park operators. Founded in 2013 and headquartered in Greece, the company targets the Mobile and Transportation sectors with two main products: ParkAround and Parkadoro.
The ParkAround app functions as an online marketplace, simplifying the process for drivers to find, book, and pay for off-street parking, amassing over 350,000 users and managing around 25,000 bookings monthly in Greece and Cyprus. Meanwhile, Parkadoro serves over 220 installations and processes 5 million parking transactions annually, streamlining operations for car park operators, with notable clients such as Athens International Airport and Polis Park.
The last notable funding event for ParkAround was a €110.00K Seed Round from PJ Tech Catalyst in March 2016, positioning the company as a noteworthy player in its niche.