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Overview
ParkiFi is making parking less of a hassle with their real-time parking occupancy and payment platform. Approximately one out of three cars on the road in downtown Denver is actively looking for a parking spot. Finding that spot takes an average of fifteen minutes of avoidable driving. It was created to take this stress out of people’s lives and reduce the environmental impact of driving.
With the ParkiFi app, users simply input an address into the real-time parking map and the app’s parking spot finder directs them to open spaces in garages and lots and automatically allows users to pay for parking via the app at select locations. Metered street parking will be added in 2017. The iOS and Android app launched in downtown Denver in November 2016 and will roll out in other Denver neighborhoods and nationwide in 2017.
ParkiFi was recognized as a 2016 “Denver Gazelles” company by the Denver Office of Economic Development.
The company has raised $13.5 million in venture capital to-date. To learn more, visit www.parkifi.com and follow ParkiFi on Facebook, Instagram, and Twitter.
It is a Denver-based technology company founded in 2014 by Ryan Sullivan and Rishi Malik in response to a critical insight into downtown traffic.
About
Real Time, Transportation, Travel, Parking, Sensor
2014
11-50
Headquarters locations
United States, North America
Social
N/A
Profile Resume
ParkiFi headquartered in United States, North America, operates in the Real Time, Transportation, Travel, Parking, Sensor sector. The company focuses on Real Time and has secured $1.9B in funding across 140 round(s). With a team of 11-50 employees, ParkiFi is actively contributing to advancements in Real Time. Their latest funding round, Seed Round - ParkiFi, raised $1.4M. Discover more about their projects, partnerships, and impact on our platform.
Employees
N/A
Funding Rounds
7
6
0
$13.9M
Details
5
ParkiFi has raised a total of $13.9M in funding over 5 rounds.
Announcement date | Transaction name | Number of Investors | Money raised | Lead Investor |
---|---|---|---|---|
2016 | Seed | |||
2014 | Seed | |||
2016 | Early Stage Venture | 7.5M | ||
2015 | Seed | 1.4M |
Investors
ParkiFi is funded by 28 investors.
Investor Name | Lead Investor | Funding Round | Partners |
---|---|---|---|
Upslope Ventures | - | FUNDING ROUND - Upslope Ventures | 1.4M |
Service Provider Capital | - | FUNDING ROUND - Service Provider Capital | 1.4M |
ParkiFi | - | FUNDING ROUND - ParkiFi | 1.4M |
Camber Creek | - | FUNDING ROUND - Camber Creek | 1.4M |
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