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ParqEx is a SaaS & IoT based innovative technology platform for parking management, payment processing & access control
Last updated
In 2024, ParqEx's revenue reached $5.7M. The company previously reported $980K in 2018. Since its launch in 2015, ParqEx has shown consistent revenue growth.
ParqEx reached a $10M valuation in 2018, set during its Seed Round round.
ParqEx has raised $2.9M in total funding across 2 rounds, most recently a $1.6M Seed Round round in 2018.
| Year | Round | Amount | Valuation | % Sold | Source |
|---|---|---|---|---|---|
| 2018 | Seed Round | $1.6M | $10M | 16% | |
| 2016 | Seed Round | $1.3M | - | - |
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We do not have customer count information for ParqEx yet.
ParqEx employs approximately 10 people as of 2026.
ParqEx generates an estimated $5.7M in annual revenue.
ParqEx was founded by Vivek Mehra.
The CEO of ParqEx is Vivek Mehra.
ParqEx raised $2.9M across 2 rounds.
ParqEx has 10 employees.
ParqEx is headquartered in Chicago, Illinois, United States.
ParqEx operates across multiple industries. Browse revenue, funding, and growth data for ParqEx in each sector below.
All figures on this page are taken directly from interviews or are estimates from public sources and proprietary models. Not financial advice. Read full disclaimer.
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Valuation
$10M
2024 Revenue
$5.7M(Est.)
Funding
$2.9M
Team
10
Founded
2015
| Year | Milestone | Source |
|---|---|---|
| 2024 | ParqEx Hit $5.7m revenue in June 2024 | Estimated |
| 2018 | ParqEx Hit $980k revenue in June 2018 | |
| 2015 | Launched with $0 revenue |
| Year | Milestone | Source |
|---|---|---|
| 2024 | Reached 10 employees (October 2024) | |
| 2018 | Reached 10 employees (June 2018) |
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