Get My Parking Raises $6 Million Funding from IvyCap and IAN Fund to Digitize Parking Industry Globally
Thursday, May 27, 2021 2:58 PM - Bangalore, IN
Mobility startup and smart parking pioneer ‘Get My Parking’ (GMP) announced a fundraise of $6 Million led by IvyCap Ventures. Existing investor IAN Fund also participated in the round. Masterkey Holdings served as the investment banker.
Founded in 2015 by Chirag Jain and Rasik Pansare,
GMP has digitized over 3000 parking lots across Europe, the US, and India. It will use the new funds to scale its IoT platform and extend its footprint in the US, LATAM, and Australian markets. The startup also plans to use the capital for hiring and expanding its team, with a focus on engineering and product teams.