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ParkSmart logo — For all your car needs

ParkSmart

For all your car needs

Founded 2019 India Noida, India 52 employees Series Unknown Total: $15.00M Automotive

General Information

Company Name ParkSmart
Founded Year 2019
Location India Noida, India +1
Founders / Decision Makers
Team member Team member Team member Team member
Employees 52
Industries Automotive
Funding Stage Series Unknown
Social

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About ParkSmart

ParkSmart, founded in 2019 by IIT Delhi alumni, is revolutionizing the Indian automotive industry with smart parking solutions. The company offers scalable parking management systems that are vital for digitizing and optimizing the parking spaces in malls, hospitals, residential societies, commercial campuses, and unorganized parking locations.

Their slogan, "For all your car needs," encapsulates their mission to create a future-ready smart parking ecosystem for Indian cities. By enabling automated operations, revenue tracking, and real-time monitoring, ParkSmart enhances transparency and efficiency in urban parking infrastructures. Their technology facilitates a quick digital transition, transforming any parking site in a matter of minutes.

Headquartered in India, ParkSmart recently closed a Venture Round on March 27, 2024, attracting investments from notable investors like Gruhas, Ameet Desai, Rajveer Ranawat, and Sin Growth Partners, marking a significant milestone in their growth trajectory.

Taxonomy: smart parking solutions, parking management systems, digitization, real-time parking management, automated parking operations, revenue tracking, parking analytics, auditing tools, remote monitoring, data-driven decision-making, urban parking infrastructure, digital payments, FASTag integration, ANPR technology

Services & Products

Comprehensive Vehicle Access Management
Seamless Parking Control Systems
Valet and Parking Optimization Services
Automatic Barrier Systems
In-House Hardware and Software Development

Target Customers

Corporate Environments Residential Societies Shopping Malls Parking Operators IT Parks

Funding Rounds & Investors (3)

View All
Funding Stage Amount Investors Lead Investors Date
Venture Round •••••• 4
Investor
•••• •••• 		27 Mar 2024
Seed Round •••••• 3
Investor
•••• •••• 		16 May 2021
Seed Round •••••• 2
Investor
•••• •••• 		13 Jul 2020

ParkSmart Alternatives & Competitors

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ParkSmart vs
ParkHere GmbH
ParkHere GmbH Germany

Smart High-Tech Solutions for Digital Parking Management. We are hiring!

Series A
32 employees
Real Estate, Transportation
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ParkSmart vs
URBIOTICA
URBIOTICA Spain

Unlock smart parking potential

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ParkSmart vs
Smart City System
Smart City System Germany

Digitizing parking areas for more flexibility, efficiency and transparency while inspiring Smart Cit...

38 employees
Enterprise, Enterprise Software
Compare ParkSmart vs Smart City System
Also compare with: ParkSmart vs DESIGNA DESIGNA View all alternatives

FAQ About ParkSmart

For all your car needs
ParkSmart was founded in 2019.
ParkSmart is headquartered in Noida, India.
ParkSmart operates in the following industries: Automotive.
ParkSmart has approximately 52 employees.
ParkSmart has completed 3 funding rounds, raising a total of $15.00M. The latest funding stage is Series Unknown.
ParkSmart offers: Comprehensive Vehicle Access Management, Seamless Parking Control Systems, Valet and Parking Optimization Services, Automatic Barrier Systems, In-House Hardware and Software Development.
Top alternatives and competitors to ParkSmart include ParkHere GmbH, URBIOTICA, Smart City System, Nwave Technologies, RISETEK. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
ParkSmart and ParkHere GmbH are both companies in similar industries. Compare their funding, team size, growth signals, and market position on Bounce Watch to see which one fits your needs.

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