COMPANY PROFILE

Parking cloud

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Seoul, South KoreaFounded 2009Transportation

Valuation $500M–1B Last recorded · 2022

Headcount <100 Current team size

Total funding $100–500M Disclosed equity funding

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About Parking cloud

iParking, a brand developed by ParkingCloud, is a South Korean startup that specializes in smart parking solutions. The company operates in the automotive and technology market, providing a seamless parking experience for both everyday users and property owners. iParking's services include the provision of parking control equipment rentals, 24-hour call center support, and unmanned parking operations.

The company's business model revolves around offering a parking system rental service for a monthly fee of 365,000 KRW. This service includes the installation of the parking system, unmanned operation, and real-time remote support. Additionally, the company guarantees 24-hour call center support and after-sales service for five years. Since the launch of this product, iParking has secured contracts with over 1,000 new parking lots within a year.

iParking also offers an app for easy and convenient charging of electric vehicles (EVs), catering to the growing EV market. The app allows users to charge their vehicles anytime, anywhere, enhancing the overall EV user experience.

The company's clients primarily include large corporations and partners who have adopted and are operating the iParking system. The company also serves individual car owners who use the iParking lots and app for their parking and EV charging needs.

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At a glance

Status: Operational
Founded: 2009
Headquarters: Seoul, South Korea
Employees: 11
Open positions: None listed
Dealroom signal: 46.5/100
Industry: Transportation
Sub-industry: Mobility
Sector: Transportation, Parking, Hard Tech
Technology: Hardware
Client focus: b2b
Links: Website LinkedIn

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Funding history

2 recorded events

Company financing events and reported valuations.

Deal type	Date	Amount	Valuation	Investors	Source
SERIES DOther financing	Feb 2022	$125M	$498M	NHN Corporation · SK ENICE	—
LATE VCOther financing	Mar 2021	$21M	$84M	Junho Lee · History Venture Investment	—

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Growth signals

Parking cloud website traffic

Latest recorded traffic for Parking cloud is 920 monthly website visits, down 96.2% over the last three months. Parking cloud's team grew 0% over the past year.

Latest monthly visits920 3-month web change-96.2% 1-year team growth0%

Monthly website visitsJun 2020–Jul 2026

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