HonkMobile - About the company
HonkMobile is a seed company based in Toronto (Canada), founded in 2013 by Michael Back. It operates as an App-based marketplace for parking spaces. HonkMobile has raised $3M in funding from Impression Ventures. The company has 32 active competitors, including 2 funded and 3 that have exited. Its top competitors include companies like SMS Parking, hangTag and Verrus.
Company Details
HonkMobile is an app-based marketplace for parking spaces in North American locations. The app enables parking space owners to list their spaces out for rent. Prospective parkers can search, compare, book & pay for parking spaces after providing relevant details.
- Website
- www.honkmobile.com/
Key Metrics
Founded Year
2013
Location
Toronto, Canada
Stage
Seed
Total Funding
$3M in 1 round
Latest Funding Round
Investors
Ranked
1st among 32 active competitors
Employee Count
67 as on Aug 31, 2026
Legal entities associated with HonkMobile
HonkMobile is associated with 1 legal entity given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Reports |
|---|---|---|---|---|
Honk Mobile Inc. CIN: 1655404 , United States, Active | $1M - $5M (As on Oct 13, 2015) | - | - |
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HonkMobile's funding and investors
HonkMobile has raised a total funding of $3M over 1 round. Its latest funding round was a Seed round on Oct 02, 2015 for $*****. 1 investor participated in its latest round. HonkMobile has 5 institutional investors.
Here is the list of recent funding rounds of HonkMobile:
Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Oct 02, 2015 | 5330299 | Seed | 5467614 | 2203418 | 8815471 | 1735476 |
View details of HonkMobile's funding rounds and investors
HonkMobile's founders and board of directors
Founder? Claim ProfileThe founders of HonkMobile is Michael Back.
Here are the details of HonkMobile's key team members:
- Michael Back: Co-Founder & CEO of HonkMobile.
View details of HonkMobile's Founder profiles and Board Members
HonkMobile's employee count trend
HonkMobile has 67 employees as of Aug 26. Here is HonkMobile's employee count trend over the years:
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HonkMobile's Competitors and alternates
Top competitors of HonkMobile include SMS Parking, hangTag and Verrus. Here is the list of Top 10 competitors of HonkMobile, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | HonkMobile 2013, Toronto (Canada), Seed | App-based marketplace for parking spaces | $3M | 52/100 | |
2nd | SMS Parking 2018, Frechen (Germany), Unfunded | App based wallet for parking | - | - | 45/100 |
3rd | Online platform for booking parking space | - | - | 43/100 | |
4th | App-based parking payment solutions | - | - | 42/100 | |
5th | HotSpot 2013, Canada (United States), Acquired | Provider of app-based platform for transportation services | $250K | 41/100 | |
6th | clicknpark 2017, Montreal (Canada), Unfunded | App-based P2P platform offering parking space booking services | - | - | 41/100 |
7th | App-based parking payments and mangement solutions | - | - | 40/100 | |
8th | SmoothParking 2011, Toronto (Canada), Unfunded | App-based platform for booking parking spaces | - | - | 38/100 |
9th | Provider of AI and IoT-based smart parking solutions | - | - | 35/100 | |
10th | App-based P2P platform for booking parking spaces | - | - | 34/100 |
Looking for more details on HonkMobile's competitors? Click here to see the top ones
HonkMobile's Investments and acquisitions
HonkMobile has made no investments or acquisitions yet.
Reports related to HonkMobile
Here is the latest report on HonkMobile's sector:
News related to HonkMobile
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HONK and eleven-x Collaborate to Enhance Parking Experience and Traffic Flow in the Town of OakvilleGlobeNewswire•Jul 11, 2023•HonkMobile, eleven-x
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Honk and ParkHub Partner to Create Safety-First Parking Solution Launching at University of Arizona this SeasonPR Newswire•Aug 06, 2020•Parkhub, HonkMobile
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Smartrac Partners with Honk to Launch the “Future of Parking”Business Wire•Jun 11, 2019•Smartrac, HonkMobile
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Honk Taps Into the Future with World’s First Virtual Parking MeterGlobeNewswire•Jun 10, 2019•HonkMobile
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Honk Teams up with Zipcar to Make Parking Easier in Canada
Marketwired•Jul 05, 2017•HonkMobile, Zipcar
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