Parkamo provides an on-street parking spot locator and aggregates users' existing parking apps, while also directing users to Parkamo-operated garages and private dedicated spots. The company is active in 20 European countries and was founded in 2019. Over the past year its customer numbers doubled and parking space rentals via the service rose 370%. Parkamo plans to use new funding to grow its teams in Munich and Stockholm. It also intends to strengthen partnerships with municipalities, parking app providers, and parking garage owners. The product aims to make urban parking more efficient and sustainable post-lockdown.

Total raised

$2M

Funding rounds

1

Latest round

Series A

Latest activity

Nov 2021