Parking app Parkable raises NZ$4.6 million
New Zealand parking startup Parkable closed a Series A led by Spark, with new local backers, valuing it at NZ$36 million. The article also recalls its February acquisition of Brisbane's Park Genie.
Company
Brisbane, QLD
Every investor coverage indicates participated in a round Park Genie raised.
The transaction that ended Park Genie's run as a startup, per published coverage. It closes the funding history too, where it is the ladder's last rung.
| Bought by | Kind | Announced | Price | Sources |
|---|---|---|---|---|
| Parkable | Acquisition | 4 Feb 2019 | - | Startup Daily (Mon 2 Sep 2019), SmartCompany, Startup Daily (Mon 4 Feb 2019) |
Companies Park Genie acquired or merged with, per published coverage. Buying a company is not investing in one: nothing here counts in the deals column.
Stories naming Park Genie. Where several outlets covered the same round, they are bundled under whichever ran the fullest account.
New Zealand parking startup Parkable closed a Series A led by Spark, with new local backers, valuing it at NZ$36 million. The article also recalls its February acquisition of Brisbane's Park Genie.
New Zealand parking app company Parkable has bought Brisbane rival Park Genie, whose founder becomes Queensland general manager. The piece also recalls Divvy Parking's 40 percent stake sale to NRMA in 2016.