JomParkir Sdn. Bhd.

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JomParkir Sdn. Bhd. - overview

Established

2017

Location

Cyberjaya, -, Malaysia

Primary Industry

Software

About

JomParkir Sdn. Bhd. is a technology-driven company specializing in innovative parking solutions, enhancing urban mobility through efficient parking management systems and user-friendly mobile applications. Founded in 2017 by Rozaida Ali, JomParkir Sdn.


Bhd. is based in Cyberjaya, Malaysia. The company focuses on developing parking management solutions and has engaged in 2 deals, with the most recent funding round occurring on September 24, 2020, where they raised an undisclosed amount in Series A funding from The Ventures. Jom Parking specializes in innovative parking solutions, offering a suite of products designed to streamline parking management and enhance user convenience.


Their core offerings include mobile applications that facilitate real-time parking space availability tracking, payment processing, and reservation systems. These services are designed to alleviate common urban challenges such as parking shortages and time-consuming searches for available spaces. Jom Parking primarily serves urban municipalities, commercial property managers, and event venues, providing a comprehensive solution that enhances the parking experience for end users—namely, drivers seeking efficient parking options. The company's services are operational in various geographical markets, including major metropolitan areas in North America and Europe, where the demand for advanced parking solutions is on the rise.


In the most recent year of 2021, Jom Parking reported a revenue of USD 817,492. 80 with an EBITDA of USD -142,805. 90. JomParkir Sdn.


Bhd. aims to expand its product offerings by launching new features within its existing mobile applications in 2023. Additionally, the company plans to enter new geographical markets in Southeast Asia by 2024, targeting urban areas where parking management needs are growing. The funds raised in the Series A round will be utilized to support these product developments and market expansions.


Current Investors

Kairous Capital, The Ventures

Primary Industry

Software

Sub Industries

Application Integration Software, Connectivity Software

Website

https://web.jomparking.com/

Verticals

FinTech, IoT (Internet of Things), Mobile Apps

Company Stage

Series A

Total Amount Raised

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