Cleverciti Systems develops end-to-end smart parking detection, guidance and monitoring solutions for on-street and outdoor parking. Its sensor technology produces accurate, real-time, space-by-space parking data and the company has released a digital signage system to visualize data at utility poles. The company says its systems have proven applicability in over 18 countries during the last two years. A $15 million funding round will be used to accelerate international growth, including expansion in the U.S. and other markets. Thomas Hohenacker is founder and CEO. Cleverciti is headquartered in Munich, Germany, with offices in Chicago and the San Francisco Bay Area and aims to become a global smart-parking leader and key smart-city data provider.

Total raised

$15M

Funding rounds

1

Latest round

Equity

Latest activity

May 2018