GetMyParking brings IoT to parking woes; Investors park $3mn in Series A

Get My Parking digitizes all types of unorganized parking to create an efficient parking ecosystem.
Get My Parking is associated with a broad spectrum of partners, varying from large scale system integrators and consultants to individual parking operators.
Having successfully deployed their technology across 300 locations in Delhi and executed parking at mega events like Kumbh Mela and IPL, the startup is experiencing unprecedented growth. Get My Parking provides city dashboards and enforcement applications for government authorities, cashless parking management systemwith revenue analytics for contractors, APIs for mobility providers, and integrations with hardware manufacturers. They also have mobile applications for both, the consumers and suppliers of parking space. All this requires coming together of all the stakeholders. This is where Get My Parking has stepped in and built a completely integrated IOT platform that connects all these solutions and their stakeholders effortlessly.
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The company has raised Series A funding of $3 million (Rs. 19.20 crores) to advance their product transformation and business impact. The participating investors include IAN Fund, BEENEXT, and Indian Angel Network. Previously, the startup had raised $1.1 million (Rs.7.35 crores) as pre-series A and $376k (Rs. 2.5 crores) as angel investment.

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