Parkable

Parkable

A sharing economy platform for car parking that allows companies and individuals to rent out their empty parking bays.

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DateInvestorsAmountRound
-investor investor

€0.0

round
investor investor investor

€0.0

round
investor

€0.0

round
investor

€0.0

round
*

$10.0m

Series B
Total Funding000k

Financials

Estimates*

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Revenues, earnings & profits over time
USD20192020202120222023
Revenues00000000000000000000
% growth--17 %53 %3 %
EBITDA00000000000000000000
Profit00000000000000000000
EV00000000000000000000
EV / revenue00.0x00.0x00.0x00.0x00.0x
EV / EBITDA00.0x00.0x00.0x00.0x00.0x
R&D budget00000000000000000000

Source: Dealroom estimates

More about Parkable
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Parkable is a technology-driven park sharing platform designed to optimize parking management for employees and tenants, while also providing public parking solutions. The company operates in the parking management market, serving corporate clients, commercial property owners, and individual users. Parkable's business model revolves around a mobile app that allows users to find, book, and share parking spaces, thereby generating revenue through subscription fees and transaction commissions. The platform enhances parking efficiency by offering features such as real-time availability, future booking, and seamless integration with access control systems. This not only improves the allocation of parking resources but also fosters a sense of community among users. Parkable's clients include large corporations, commercial property managers, and individual commuters, all of whom benefit from streamlined administration, automated problem resolution, and occupancy tracking. The company makes money by charging fees for its services, which include managing parking spaces and providing access to its app.

Keywords: park sharing, employee parking, tenant parking, public parking, space monetization, real-time availability, future booking, access control, automated administration, occupancy tracking.

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