Streetline - About the company
Streetline is an acquired company based in San Mateo (United States), founded in 2005. It operates as an AI-enabled parking management solution. Streetline has raised $59.3M in funding from investors like True Ventures, Qualcomm and Citi. The company has 543 active competitors, including 64 funded and 40 that have exited. Its top competitors include companies like Park Plus, T2 Systems and FlashParking.
Company Details
Streetline’s technology helps drivers find empty parking spaces, while also allowing cities, universities, and parking-lot owners to learn more about their parking occupancy. It uses sensors installed next to parking spaces to determine whether the space is empty, then delivers that data to apps (including the free Parker app for consumers and other products designed for city planners/parking facility operators). Streetline holds the patent on smart parking system which detects the presence of a car through a network of ultra-low power wireless sensors located in individual parking spaces. The company has captured over 300 million parking events since its first go-to-market in 2008, was named one of Fast Company’s 10 Most Innovative Companies in Transportation, as well as IBM Global Entrepreneur of the Year in 2013.
- Website
- www.streetline.com
- Email ID
- *****@streetline.com
- Phone Number
- +1 **********
Key Metrics
Founded Year
2005
Location
San Mateo, United States
Stage
Acquired
Total Funding
$59.3M in 7 rounds
Latest Funding Round
Investors
Ranked
11th among 543 active competitors
Employee Count
8 as on Dec 31, 2022
Exit Details
Acquired by Kapsch (Apr 16, 2015)
Legal entities associated with Streetline
Streetline is associated with 1 legal entity given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
STREETLINE INC CIN: 203011657 , United States, Active | Jun 07, 2005 | - | 8 (As on Dec 31, 2022) | - |
Streetline's acquisition details
Streetline got acquired by Kapsch on Apr 16, 2015.
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Streetline's funding and investors
Streetline has raised a total funding of $59.3M over 7 rounds. Its first funding round was on 2006. Its latest funding round was a Series D round on Jul 01, 2014 for $*****. 6 investors participated in its latest round. Streetline has 8 institutional investors.
Here is the list of recent funding rounds of Streetline:
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Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Jul 01, 2014 | 4851551 | Series D | 7537598 | 1221076 | 8726975 | 2940708 |
Jan 10, 2013 | 8206427 | Series C | 9100919 | 6229390 | 2343069 | |
Jun 14, 2011 | 2772052 | Series B | 5903066 | 5010623 | 1667592 |
View details of Streetline's funding rounds and investors
Streetline's founders and board of directors
Founder? Claim ProfileStreetline's employee count trend
Streetline has 8 employees as of Dec 22. The total employee count is 62.0% lower than what it was in Dec 21. Here is Streetline's employee count trend over the years:
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Streetline's Competitors and alternates
Top competitors of Streetline include Park Plus, T2 Systems and FlashParking. Here is the list of Top 10 competitors of Streetline, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Provider of vehicle-related services, including FASTag, challan, insurance, and parking | $51.8M | 69/100 | ||
2nd | T2 Systems 1994, Indianapolis (United States), Acquired | Provider of parking management software and related technology solutions | $31M | 67/100 | |
3rd | FlashParking 2011, Austin (United States), Series D | SaaS-enabled platform offering parking management systems | $314M | 65/100 | |
4th | Parkhub 2010, Dallas (United States), Series B | Provider of comprehensive parking management solutions | $15.6M | 65/100 | |
5th | Arrive 2006, Chicago (United States), Series D | Tech-enabled platform offering parking and mobility management solutions | $65.3M | 64/100 | |
6th | Metropolis 2017, Santa Monica (United States), Series D | AI-enabled platform offering comprehensive parking management solutions | $833M | 61/100 | |
7th | REEF 2013, Miami (United States), Series D | Platform offering parking management and suite solutions for multiple retail and food businesses | $768M | 57/100 | |
8th | Cleverciti 2010, Munich (Germany), Acquired | Provider of smart parking and curb management technology and solutions | $36.6M | 54/100 | |
9th | Platform offering smart parking solutions | $1.15M | 53/100 | ||
10th | Provider of a parking and traffic management solution | - | 52/100 | ||
11th | Streetline 2005, San Mateo (United States), Acquired | AI-enabled parking management solution | $59.3M | 52/100 |
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Streetline's Investments and acquisitions
Streetline has made no investments or acquisitions yet.
Reports related to Streetline
Here is the latest report on Streetline's sector:
News related to Streetline
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Kapsch TrafficCom expands ITS portfolio - smart parking provider Streetline acquiredBusiness Wire•Apr 16, 2015•Streetline, Kapsch Traffic, Kapsch
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Real-Time Parking Guidance App Parker 4.0 Now Available for AndroidPR Newswire•Jul 10, 2013•Streetline
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