sPARK Parking Technologies
Urban Parking Solutions
Startup Acquired Automotive & Mobility Technologies Est. 2012 Acquired
Total Raised
$4M
Acquired
Last Round
$1.75M
6 rounds
Investors
8
8 public
Team
1
1-10 employees
Confidence
102/100
News
4
articles
About
sPARK Parking Technologies is the developer of Parking Polly, an app designed to simplify parking by offering smart navigation routes to areas with high chances of finding a parking spot, both on-street and off-street. It utilizes extensive parking data collected independently and through local partnerships to provide real-time parking recommendations. The app aims to save time and money by planning journeys with parking considerations, offering features like pre-booking parking spots, seamless carpark access, and phone payments to avoid parking meters sPARK is currently active in Israel and France, and is engaged in strategic partnerships with top parking and automotive players with the goal of significant expansion in Israel, France, Spain, Belgium, and other locations.
Classification
Sector
Automotive & Mobility TechnologiesUrban Mobility
Core Technology
SensingGeolocation
Target Customer
Government & CityMunicipalitiesConsumersTransportation & MobilityDrivers
Business Model
B2B2CB2CB2G
Tags
parkingdriversmobile-applicationssmart-citygpslocation-basedmunicipalitiessmart-mobility
Funding & Events
Sep 2015
Seed $100K
Texas Atlantic Capital
Nov 2017
A Round $450K
infrapark digital
Mar 2020
Exit Undisclosed
Jan 2018
Convertible Debt $1.75M
Terra Venture Partners
Jan 2017
Seed $750K
Israel Innovation Authority, Undisclosed Investor(s), Infra Park, Terra Venture Partners
Jan 2014
Seed $700K
Israel Innovation Authority, Terralab Ventures
Aug 2012
Pre-Seed $250K
Geut Holdings
News (4)
Mar 5, 2020 · www.businesswire.com
Arrive Adds Innovative Smart Parking Recommendation Engine to Its Industry-Leading Enterprise Parking Platform, Combining On- and Off-Street Parking in a Single Solution
Nov 17, 2015 · www.jpost.com
growth-positive
http://www.jpost.com/Israel-News/New-Tech/Parking-the-problem-and-the-solution-396545
Customers
Aug 13, 2015 · www.timesofisrael.com
growth-positive
Polly wanna parking space? Israeli app says it has the solution
CustomersExpand
Aug 19, 2012 · www.globes.co.il
growth-positive
Mobile parking application co sPARK raises $1.5m
InvestmentExpand
Details
Product Stage
Released
Employees
1-10
Exact Count
3
District
Center District
Founded
2012
Registrar
513563395
Crunchbase
spark-parking-technologies
Locations
Nahalat Yitshak, Tel Aviv-Yafo, Israel
Links
Website
LinkedIn
Twitter
Facebook
Admin
Last Update
Sep 7, 2024
Verified by
Yanina Wainscheinker
Claimed
Yes
Missing
markets
Team (1)
Zohar Bali
Co-founder & CEO
Founder
Internal
Created by
Katie Kaplan (katherinekaplan14@gmail.com)
Created
2014-07-08T00:00:00.000Z
Last editor
Maor Perlov (maor.perlov@sncentral.org)
Status
Acquired by Arrive Mobility on Mar, 2020