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ParkBee

Developer of smart car parking technology

ParkBee logo
21-100 employees
  • B2B
  • Cars
  • Renting
  • Mobility
  • SaaS
Jeruzalem, Amsterdam, Netherlands

Company mission

To help urban travelers, car park owners and city councils to make better, more efficient use of existing urban space.

-25% employee growth in 12 months

Our take

We are currently facing many challenges that derive from the scarcity of physical space in big cities, an issue that will become more prominent in the following years as cities grow both larger and more congested. One of the challenges is the scarcity of parking locations. ParkBee aims to address this problem by developing smart car parking technology that optimizes the use of current resources in order to provide travellers with access to the best place to park.

The startup leverages its network of locations, smart integrations and predictive systems in order to utilize existing underused parking locations and to direct traffic to the right place at the right time. ParkBee's software is used by the UK’s most well-known public car park operators, hotels, and private commercial office spaces. Moreover, the startup allows landlords and other private car park owners to monetize their underutilized spaces by making them available to the public. ParkBee's software is also integrated with consumer-facing car parking space booking apps like RingGo and Parkmobile.

ParkBee's business model involves splitting the revenue generated through renting each parking space with the owner and the fee it charges consumers with RingGo or Parkmobile. The Netherlands-founded startup has over 550 connected parking locations in six countries.

Kirsty headshot

Kirsty

Company Specialist at Welcome to the Jungle

Benefits

  • Pension scheme
  • Personal development budget of £1500 a year
  • Access to Perkbox
  • 25 days holiday
  • Free daily office lunch

Company values

  • Push boundaries - We are determined to disrupt the parking industry and have a positive impact on cities. Our common goal drives us to push boundaries, one way or another. We have an open attitude towards change and experimentation, to keep moving forward
  • Stay one step ahead. Or two - Every day, we rely on the intelligence of our tools and our people. We refrain from assumptions in discussions. Instead, we let data do the talking. We listen to the market to create the smartest solutions and always stay one step ahead
  • We act. Period - To keep growing our business, we must dare to take the initiative. We are decisive, we eagerly execute our ideas and feel equally responsible for the results. As an individual and as a team
  • Strong teams grow together - We encourage social interaction, by celebrating successes and keeping each other sharp. By doing the unexpected and by going the extra mile for the company, we create an environment where people can rely on each other. And above all: where people are stimulated to get the best out of themselves

Funding (last 2 of 4 rounds)

Mar 2022

$31.6m

GROWTH EQUITY VC

Feb 2018

$5.3m

SERIES A

Total funding: $38.9m

Leadership

Jian Jiang

(Co-founder & CEO)

Worked for 4 years at Alerio Capital, holding various positions such as Head of Research and Senior Quantitative Analyst. Previously Quantitative Analyst at Nidera for 9 months.

Tom Buchmann

(Co-founder)

Earned a MSc in Computer Science from Imperial College London. Previously Commodities Trader at Macquarie Group for 2 years and Systematic Trader at Alerio Capital also for 2 years.

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