Apparcar

Apparcar is a technology company focused on enhancing the car ownership experience through a range of mobile applications tailored for various aspects of vehicle management and driver assistance. Apparcar develops mobile applications designed to improve the car ownership experience. The company is headquartered in Madrid, Spain. On June 20, 2016, Apparcar was acquired by Imperial Civil Enforcement Solutions for an undisclosed amount.

The most recent funding round was a VENTURE DEBT round, raising EUR 0. 040 mn, with Wayra as an investor. The founder's history and prior ventures are not publicly available. The company specializes in mobile applications that enhance the car ownership experience.

Their primary offerings include navigation apps that provide information on driveable spots and real-time traffic updates, music playback apps for in-car environments, and driver assistance tools like dashcam and distance monitoring applications. These offerings are designed to address common driving challenges and target car owners across urban and suburban markets where mobile technology is prevalent. In the most recent financial year of 2015, Apparcar reported a revenue of EUR 43,826 with an EBITDA of EUR -35,229. 2, reflecting the company's financial performance during that period.

The revenue model includes subscription services and direct-to-consumer sales, allowing users access to premium features through app purchases and subscriptions. Moving forward, Apparcar aims to expand its product line with new innovations designed for car management, although specific product details and release dates have not been disclosed. The company is also looking to penetrate new markets, particularly outside of Spain, and is strategizing on geographic expansion. The funding from the most recent VENTURE DEBT round will support these initiatives, enhancing the development of new applications and facilitating entry into potential new regions.