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Valuation · 2018

$10M

2024 Revenue

$5.7M(Est.)

Funding

$2.9M

Team

10

Founded

2015

ParqEx Revenue, Valuation & Funding (2024)

ParqEx generated an estimated $5.7M in annual revenue in 2024. Source: GetLatka estimate

ParqEx is a SaaS & IoT based innovative technology platform for parking management, payment processing & access control

Last updated

ParqEx Revenue

In 2024, ParqEx's revenue reached $5.7M. The company previously reported $980K in 2018.

ParqEx Revenue GrowthReported revenue / ARR over time · latest figure estimated$0$1.3M$2.5M$3.8M$5M$6.3M201520172019202120232024$0$980K$5.7MSource: GetLatka.com
YearMilestoneSource
2024ParqEx Hit $5.7m revenue in June 2024Estimated
2018ParqEx Hit $980k revenue in June 2018Not recorded
2015Launched with $0 revenue

ParqEx Valuation, Funding Rounds

ParqEx reached a $10M valuation in 2018, set during its Seed round.

ParqEx has raised $2.9M in total funding across 2 rounds, most recently a $1.6M Seed round in 2018.

ParqEx Capital Raised & ValuationCumulative capital raised and post-money valuation by roundCapital raised (cum.)Valuation$0$0$2.5M$750K$5M$1.5M$7.5M$2.3M$10M$3M$12.5M$3.8M2015201620172018$10MSource: GetLatka.com
YearRoundAmountValuation% SoldSource
2018Seed$1.6M$10M16%Not recorded
2016Seed$1.3M--Not recorded

Founder / CEO

Vivek Mehra

CEO

Vivek Mehra has 2 current jobs as Founder & CEO at ParqEx and CEO/CTO at ParqEx.

ParqEx Employees & Team Size

ParqEx employs approximately 10 people as of 2026.

ParqEx Team GrowthReported headcount over time035810132015201720192021202320240010101010Source: GetLatka.com
YearMilestoneSource
2024Reached 10 employees (October 2024)Not recorded
2018Reached 10 employees (June 2018)Not recorded

Frequently Asked Questions about ParqEx

What is ParqEx's revenue?

As of 2024, ParqEx generated an estimated $5.7M in annual revenue.

What is ParqEx's valuation?

As of 2018, ParqEx was valued at $10M.

Who founded ParqEx?

ParqEx was founded by Vivek Mehra.

When was ParqEx founded?

ParqEx was founded in 2015.

Who is the CEO of ParqEx?

The CEO of ParqEx is Vivek Mehra.

How much funding does ParqEx have?

ParqEx raised $2.9M across 2 rounds.

How many employees does ParqEx have?

As of 2024, ParqEx had 10 employees.

Where is ParqEx headquartered?

ParqEx is headquartered in Chicago, Illinois, United States.

Compare ParqEx to the industry

ParqEx operates across multiple industries. Browse revenue, funding, and growth data for ParqEx in each sector below.

Data and Sources

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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