JustPark
Financials
Estimates*
GBP | 2020 | 2021 | 2022 |
---|---|---|---|
Revenues | 6.8m | 3.5m | 8.0m |
% growth | - | (49 %) | 128 % |
Profit | (2.4m) | (4.2m) | (<1m) |
% profit margin | (35 %) | (119 %) | (11 %) |
Date | Investors | Amount | Round |
---|---|---|---|
- | N/A | - | |
£250k | Seed | ||
£500k | Series A | ||
£3.5m | Early VC | ||
£1.9m | Secondary | ||
* | £2.1m | Series B | |
N/A | Support Program | ||
* | N/A | £7.2m | Growth Equity VC |
£2.8m | Convertible | ||
* | N/A | Acquisition | |
Total Funding | €19.6m |
Recent News about JustPark
EditJustPark is a technology-driven company that operates in the parking industry, providing a platform for drivers to find, book, and pay for parking spaces easily. The company serves a diverse range of clients including individual drivers, businesses, and property owners. JustPark operates primarily in urban markets where parking is often a challenge. The business model is based on a marketplace approach, connecting drivers with available parking spaces listed by property owners. Revenue is generated through transaction fees on bookings and premium listing services for property owners. The platform is accessible via a user-friendly mobile app and website, ensuring a seamless experience for users. JustPark has also partnered with automotive companies like BMW to integrate its services directly into car dashboards, enhancing convenience for drivers. The company has received significant investment from venture capital firms and has successfully leveraged crowdfunding to fuel its growth.
Keywords: parking, marketplace, mobile app, urban, transaction fees, property owners, drivers, BMW partnership, venture capital, crowdfunding.