About
sPARK Parking Technologies is the developer of Parking Polly, an app designed to simplify parking by offering smart navigation routes to areas with high chances of finding a parking spot, both on-street and off-street. It utilizes extensive parking data collected independently and through local partnerships to provide real-time parking recommendations. The app aims to save time and money by planning journeys with parking considerations, offering features like pre-booking parking spots, seamless carpark access, and phone payments to avoid parking meters
sPARK is currently active in Israel and France, and is engaged in strategic partnerships with top parking and automotive players with the goal of significant expansion in Israel, France, Spain, Belgium, and other locations.
Funding history · 6 rounds · $4.0M total
Company Intelligence Q&A
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- When was sPARK Parking Technologies acquired and by whom?
- sPARK Parking Technologies was acquired by Arrive Mobility in March 2020.
- What is the primary product developed by sPARK Parking Technologies?
- sPARK Parking Technologies developed Parking Polly, an app designed to simplify parking by offering smart navigation routes to areas with high chances of finding a parking spot.
- What was the total amount of funding raised by sPARK Parking Technologies?
- sPARK Parking Technologies raised a total of $4,000,000 across multiple funding rounds. For a full financing history, please refer to startupim.
- When did sPARK Parking Technologies raise its last funding round and what type was it?
- sPARK Parking Technologies raised a Convertible Debt round in January 2018, amounting to $1,750,000. Terra Venture Partners was an investor in this round.
- In which countries was sPARK Parking Technologies active prior to its acquisition?
- Prior to its acquisition, sPARK Parking Technologies was active in Israel and France, with plans for expansion into Spain and Belgium.
- Who are the co-founders of sPARK Parking Technologies?
- The co-founders of sPARK Parking Technologies are Zohar Bali and Eran Balter.
- What was the initial funding round for sPARK Parking Technologies?
- sPARK Parking Technologies secured a Pre-Seed round of $250,000 in August 2012, with Geut Holdings as an investor.
- What is the employee count for sPARK Parking Technologies as per startupim data?
- According to startupim data, sPARK Parking Technologies had 3 employees.