Parclick, the Spanish online parking booking app, closes a €2M round to strengthen its presence in the 170 cities where it is present in France, Italy, Portugal and Spain, and to open up to new markets, with a special focus on Central European countries.

Parclick corporate finance analysis

Founded in 2011, Parclick is an online facilitator comparable to the usual car rental or hotel booking services. In its case, it markets multimedia parking passes in public - not private - car parks located at strategic points: city centres, airports, train and bus stations...

Parkclik has been growing over the last few years, with the help of small rounds, which have allowed it to increase its staff to 24 people. It has also been growing internationally. It is now present in southern Europe. Last year it bought the French company YesWePark, to become a leader in the sector in Spain. In 2015 it bought the French company Parking de Paris.

Objective of the round

The €2M round will serve to strengthen its presence in the 170 cities where it is present in France, Italy, Portugal and Spain, and to open up to new markets, with a special focus on central European countries.

The operation involved the firm of venture capital is Capitana Venture Partners, which had previously invested in the company, as well as investment funds Athos Capital and Inveready Technology Investment Group, among others.

Market Parking reservation

In recent years we have detected several rounds in the online parking market.

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