Parknav
Just Drive. Let us find parking for you.
Overview
Raised: $899,249
Total Commitments ($USD)
Wefunder
03/24/2021
04/30/2021
$500
Convertible Note
Series B
RegCF
$50,000,000
20%
2009
Transportation, Automotive, Aviation, & Aerospace
AutomationTech
B2B/B2C
Low
High
Summary Profit and Loss Statement
| Most Recent Year | Prior Year | |
|---|---|---|
|
Revenue |
$1,602,313 |
$815,260 |
|
COGS |
$1,922,452 |
$1,106,845 |
|
Tax |
$2,114 |
$405 |
| ||
| ||
|
Net Income |
$-425,969 |
$-346,993 |
Summary Balance Sheet
| Most Recent Year | Prior Year | |
|---|---|---|
|
Cash |
$4,179 |
$364,965 |
|
Accounts Receivable |
$332,972 |
$61,238 |
|
Total Assets |
$1,201,529 |
$481,908 |
|
Short-Term Debt |
$259,927 |
$88,667 |
|
Long-Term Debt |
$1,163,226 |
$1,095,808 |
|
Total Liabilities |
$1,423,153 |
$1,184,475 |
Raise History
| Offering Name | Close Date | Platform | Valuation | Total Raised | Security Type | Status | Reg Type |
|---|---|---|---|---|---|---|---|
| Parknav | 07/16/2022 | Wefunder | $80,044,284 | $460,141 | Equity - Preferred | Funded | RegCF |
| Parknav | 11/30/2021 | StartEngine | $75,037,223 | $241,495 | Equity - Preferred | Funded | RegCF |
| Parknav | 04/30/2021 | Wefunder | $50,000,000 | $899,249 | Convertible Note | Funded | RegCF |
Revenue History
Note: Revenue data points reflect the latest of either the most recent fiscal year's financials, or updated revenues directly from the founder, at each raise's close date.
Valuation History
Price per Share History
Note: Share prices shown in earlier rounds may not be indicative of any stock splits.
Employee History
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Founder Profile
Founder Profile: Eyal Amir of Parknav
Apps like Google Maps, Uber, and Lyft make it easier than ever to get around cities. However, finding parking is still a common difficulty across urban environments, with no centralized system for monitoring available parking. Enter Parknav.Parknav uses AI to monitor on-street parking in real-time. The company intends for its technology to help drive the formation and functionality of smart cities across the country. We sat down with founder Eyal Amir to learn more about how Parknav could be part of the smart city revolution.
Note: This interview was conducted over phone and email. It has been lightly edited for clarity and length.