Valuation
$10M
2024 Revenue
$5.7M
Funding
$2.9M
Team
10
Founded
2015
How ParqEx CEO Vivek Mehra grew ParqEx to $5.7M revenue with a 10 person team in 2024.
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. Since its launch in 2015, ParqEx has shown consistent revenue growth.
| Year | Milestone | Quote |
|---|---|---|
| 2024 | ParqEx Hit $5.7m revenue in June 2024 | |
| 2018 | ParqEx Hit $980k revenue in June 2018 | |
| 2015 | Launched with $0 revenue |
ParqEx Valuation, Funding Rounds
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 | Quote |
|---|---|---|---|---|---|
| 2018 | Seed Round | $1.6M | $10M | 16% | |
| 2016 | Seed Round | $1.3M | - | - |
Founder / CEO
Vivek Mehra
Vivek Mehra has 2 current jobs as Founder & CEO at ParqEx and CEO/CTO at ParqEx.
Q&A
| Question | Answer |
|---|---|
| What's your age? | - |
| Favorite online tool? | - |
| Favorite book? | - |
| Favorite CEO? | - |
| Advice for 20 year old self | - |
Customers
We do not have customer count information for ParqEx yet.
ParqEx Employees & Team Size
ParqEx employs approximately 10 people as of 2026.
| Year | Milestone |
|---|---|
| 2024 | Reached 10 employees (October 2024) |
| 2018 | Reached 10 employees (June 2018) |
Frequently Asked Questions about ParqEx
What is ParqEx's revenue?
ParqEx generates $5.7M in revenue.
Who founded ParqEx?
ParqEx was founded by Vivek Mehra.
Who is the CEO of ParqEx?
The CEO of ParqEx is Vivek Mehra.
How much funding does ParqEx have?
ParqEx raised $2.9M.
How many employees does ParqEx have?
ParqEx has 10 employees.
Where is ParqEx headquarters?
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.
Claim this profilePeople Also Viewed
Zeal
Modern payroll for modern work
treble.ai
Treble.ai is an internet based company.
Resend
Email for developers
LawRank
SEO company for lawyers specializing in organic SEO, PPC and web design helping clients rank for competitive, high-traffic keywords
Echobox
Developer of an artificial intelligence platform intended to help online publishers to share content on social media. The company's platform helps news publishers to maximize their reach on social media by detecting viral content and giving suggestions on which articles to share on social networks at specific times, enabling clients to increase sale and save time.
Graft
Graft is a cloud-native platform that empowers everyone in your organization to wield the most advanced AI techniques to unlock the value of text, images, video, audio, and graphs. No machine learning skills required, no team to hire, and no infrastructure to build or maintain.