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FlashParking - About the company

FlashParking is a series D company based in Austin (United States), founded in 2011 by Juan Rodriguez and Dean Cleaver. It operates as a SaaS-enabled platform offering parking management systems. FlashParking has raised $314M in funding from investors like Vista Equity Partners, Baird Capital and L Catterton, with a current valuation of $1B. The company has 553 active competitors, including 64 funded and 41 that have exited. Its top competitors include companies like Arrive, Park Plus and Streetline.

Company Details

SaaS-enabled platform offering parking management systems. It offers hardware and software-enabled solution for parking management. It offers hardware devices like parking kiosks, gates, cash machines for parking. Also, it offers a cloud-enabled platform for parking management with features like integration management, revenue managment, etc. It also offers contactless payments solutions, parking integrations like (LPR, AVI, digital signage, etc).
Social
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Email ID
*****@flashparking.com
Phone Number
+1 **********
Registered Address
3801 S. Capital of Texas Hwy Suite 250 Austin, TX 78704
Key Metrics
Founded Year
2011
Location
Austin, United States
Stage
Series D
Total Funding
$314M in 5 rounds
Post Money Valuation
$1B as on Mar 16, 2022
Ranked
Employee Count
731 as on Mar 31, 2026
Investment & Acquisitions
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FlashParking's funding and investors

FlashParking has raised a total funding of $314M over 5 rounds. Its first funding round was on Dec 2015. Its latest funding round was a Conventional Debt round on Sep 09, 2024 for $85M. 1 investor participated in its latest round. FlashParking has 13 institutional investors.

Here is the list of recent funding rounds of FlashParking:lockFilter this list
Date of Funding
Funding Amount
Round Name
Post-Money Valuation
Revenue Multiple
Lead Investors
Other Investors
Sep 09, 2024
$85M
Conventional Debt
-
-
-
Mar 16, 2022
$250M
Series D
$1B
-
Jan 15, 2020
$60M
Series C
-
-
-
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FlashParking's founders and board of directors

Founder? Claim Profile
The founders of FlashParking are Juan Rodriguez and Dean Cleaver.
Here are the details of FlashParking's key team members:

FlashParking's employee count trend

FlashParking has 731 employees as of Mar 26. Here is FlashParking's employee count trend over the years:
Employee count trend for FlashParking
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FlashParking's Competitors and alternates

Top competitors of FlashParking include Arrive, Park Plus and Streetline. Here is the list of Top 10 competitors of FlashParking, ranked by Tracxn score:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for Arrive
Arrive
2006, Chicago (United States), Series D
Tech-enabled platform offering parking and mobility management solutions
$65.3M
78/100
2nd
Logo for Park Plus
Park Plus
2019, Gurugram (India), Series C
Provider of vehicle-related services, including FASTag, challan, insurance, and parking
$51.8M
70/100
3rd
Logo for Streetline
Streetline
2005, San Mateo (United States), Acquired
AI-enabled parking management solution
$59.3M
68/100
4th
Logo for FlashParking
FlashParking
2011, Austin (United States), Series D
SaaS-enabled platform offering parking management systems
$314M
66/100
5th
Logo for Metropolis
Metropolis
2017, Santa Monica (United States), Series D
AI company developing computer vision–powered systems to make parking spaces frictionless
$833M
61/100
6th
Logo for T2 Systems
T2 Systems
1994, Indianapolis (United States), Acquired
Provider of parking management software and related technology solutions
$31M
61/100
7th
Logo for Cleverciti
Cleverciti
2010, Munich (Germany), Acquired
Provider of smart parking and curb management technology and solutions
$36.6M
58/100
8th
Logo for REEF
REEF
2013, Miami (United States), Series D
Platform offering parking management and suite solutions for multiple retail and food businesses
$768M
57/100
9th
Logo for Autolane
Autolane
2024, Palo Alto (United States), Seed
Developer of infrastructure for autonomous vehicle coordination, authentication, and access
$7.4M
51/100
10th
Logo for Smart Parking
Smart Parking
1993, Birmingham (United Kingdom), Public
Parking booking and solutions provider
-
50/100
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FlashParking's Investments and acquisitions

FlashParking has not made any investments yet. FlashParking has made 4 acquisitions.
Here is the list of latest three $acquisitions:lockFilter this list
Date of Investment/Acquisition
Type
Company Name
Founded Year
Location
Jun 22, 2022
Acquisition
2002
Minneapolis (United States)
Apr 27, 2022
Acquisition
1972
New York City (United States)
Jul 15, 2021
Acquisition
2008
Spokane (United States)
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Reports related to FlashParking

Here is the latest report on FlashParking's sector:

News related to FlashParking

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Media has covered FlashParking for a total of 6 events in the last 1 year, 3 of them have been about company updates and 2 about partnerships.
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FAQs about FlashParking

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