Parqio

Parqio

Transforming shared garages into mobility and service hubs. Learn more

Launch date
Employees
Market cap
-
Enterprise valuation
CAD7—10m (Dealroom.co estimates Feb 2022.)
Company register number 922590265
Oslo Norway (HQ)

Financials

Estimates*

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Revenues, earnings & profits over time
EUR20192020202120222023
Revenues<1m<1m<1m<1m<1m
% growth-1106 %14 %130 %(25 %)
EBITDA-(<1m)(<1m)(<1m)-
% EBITDA margin--(403 %)(230 %)-
Profit(<1m)(<1m)(<1m)(<1m)-
% profit margin(9 %)(15 %)(489 %)(434 %)-
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DateInvestorsAmountRound
-

N/A

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NOK10.0m

Seed
Total FundingCAD1.7m

Recent News about Parqio

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More about Parqioinfo icon
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Parqio is a tech startup that operates in the smart parking solutions market. The company provides a digital system that allows users to open garage doors and gates using a mobile app, a phone call, or automatic license plate recognition. This system is designed to make shared garages smarter and more efficient.

Parqio's primary clients are administrators and residents of shared garages, such as those in apartment complexes or office buildings. The company's product, the Parqio box, is installed in the garage and connected to the garage's doors and gates. Users can then open these doors and gates using the Parqio app, a phone call to a designated number, or by driving up to the garage, where a camera reads the car's license plate and opens the door for authorized vehicles.

The company also provides an administration panel, Parqio Admin, which allows garage administrators to manage settings for entrances, spaces, users, and keys. Administrators can add and remove users, and decide which entrances they can open. They can also allow residents to share digital keys with others, with or without an expiration date.

Parqio's business model is likely based on selling the Parqio box and providing access to the Parqio Admin panel, possibly on a subscription basis. The company may also charge for additional services, such as installation and transition support.

Keywords: Smart Parking, Digital Garage Management, License Plate Recognition, Mobile App, Shared Garages, Parking Solutions, Garage Administration, Digital Keys, User Management, Subscription Service.