Parkr, Inc.

Have updates for this profile? Please contribute data

= Subscriber Access Only

You are viewing a preview of this profile. Request a Preqin Pro demo for full access to all profiles and underlying data.

With Preqin Pro, you gain an unobstructed view of all alternative asset class activity across institutional investors, fund managers, funds, portfolio companies, deals, exits, and service providers.

Parkr, Inc. - overview

Established

2017

Location

Toronto, ON, Canada

Primary Industry

Internet

About

Parkr, Inc. is a technology company that enhances urban mobility with innovative parking solutions, focusing on real-time parking availability, reservation, and payment through its mobile application. Founded in 2017 and headquartered in Toronto, Canada, Parkr, Inc. specializes in smart parking technology.


The company has executed 2 deals, with its most recent deal occurring on June 12, 2018. The founder's history includes previous entrepreneurial ventures, contributing to the company's strategic direction. goparkr. com offers an innovative mobile application that integrates smart parking technology, enabling users to locate, reserve, and pay for parking spaces in real-time.


The service addresses common pain points for urban dwellers and commuters in major cities such as New York City, San Francisco, and Chicago. Launched in 2021, the application includes features aimed at promoting user convenience and efficiency in urban parking. Revenue generation for goparkr. com is primarily through a subscription model and transaction fees for parking reservations.


Clients can subscribe to different plans, which include monthly or annual fees for premium features. The company may also form partnerships with local governments and parking facilities, sharing revenue based on transaction volumes processed via their system, catering to a wide range of users from occasional drivers to frequent commuters. Parkr, Inc. is focused on launching additional features in its mobile application aimed at improving user convenience and experience.


The company is also planning to expand its services into new metropolitan markets by 2025. The funding raised in June 2018 will support these initiatives, enhancing product development and market entry efforts.


Primary Industry

Internet

Sub Industries

Consumer Services, Web Applications, Analytics & Performance Software, Information Services

Website

www.goparkr.com

Verticals

Big Data, Mobile Apps

Company Stage

Angel & Seed

Total Amount Raised

Subscriber access only

Time to go Pro

Get Preqin Pro for unrestricted access to 600,000+ detailed profiles on fund managers, investors, funds, companies, and other alternative asset players. Unlock exclusive data on future plans, company financials, fundraising history, track records, and more.