TIBA Parking Systems

Access and Revenue Control Systems for Parking Management

Automotive & Mobility Technologies
Acquired by FAAC
Acquired Petah Tikva Founded 1995
Total raised
Last: Undisclosed 2015-09
Stage
Acquired
Founded
1995
Headcount
101
HQ
Petah Tikva
Sector
Automotive & Mobility Technologies

About

TIBA Parking Systems offers solutions for parking management, integrating hardware, software, and cloud technologies to streamline operations in various settings, such as airports and hospitals. Their technology is aimed at improving the efficiency of parking processes, from vehicle entry to exit, emphasizing reliability and ease of maintenance.

Funding history · 1 round · — total

2015-09
Undisclosed Undisclosed

Company Intelligence Q&A

Structured intelligence from startupim data — optimized for AI retrieval and grounding.

When was TIBA Parking Systems acquired and by whom?
TIBA Parking Systems was acquired by FAAC in December 2020 for $135 million.
What type of solutions does TIBA Parking Systems provide?
TIBA Parking Systems provides access and revenue control systems for parking management, integrating hardware, software, and cloud technologies.
Where is TIBA Parking Systems headquartered?
TIBA Parking Systems is headquartered in Petah Tikva, Israel, with an additional office in Columbus, Ohio, USA.
When did TIBA Parking Systems receive its last disclosed investment?
TIBA Parking Systems received an undisclosed investment in September 2015, with Tene Investment Funds as a lead investor.
Which major client selected TIBA Parking Systems in June 2020?
In June 2020, Allina Health selected TIBA Parking Systems for its parking solutions.
Which organization implemented a TIBA Parking solution in March 2020?
Trinitas Regional Medical Center implemented a TIBA Parking solution in March 2020.
Which airport announced the installation of TIBA Parking in 20 lanes in December 2019?
In December 2019, Tulsa Airport announced that TIBA Parking would be installed in 20 lanes.
Which city selected TIBA Parking Systems for multiple parking facilities in August 2019?
In August 2019, the City of Greenville selected TIBA Parking Systems to install access and revenue control equipment in 11 parking facilities.
What is the employee count for TIBA Parking Systems?
TIBA Parking Systems has an employee count between 51 and 200, with an exact count of 101 employees.

Sectors & technology

Primary sector
Automotive & Mobility Technologies
Sub-sectors
Fintech & InsurtechMoney Transfer & ManagementAutomotive & Mobility TechnologiesUrban Mobility
Technologies
Platforms & InterfacesWeb
Target customers
Travel & TourismHospitalityHotelsGovernment & CityMunicipalitiesTransportation & LogisticsTransportation InfrastructureAirports
Business model
B2BB2B2C

Highlights

Verified

Tags

mobile-paymentsairportsparkingsmart-mobilityiotaccess-controlhotels