Hungarian Parkl raises €4M from Lead Ventures

Budapest-based Parkl has raised €4 million in a funding round led by Lead Ventures. The startup will use the investment to support the scaling of its digital mobility service.

  • Founded in 2016 by Zsolt Somogyi, Parkl develops a mobile app for digital parking and EV charging services tailored for office buildings and companies. The app offers secure, cashless parking at hotels, apartments, and shopping centers. It also provides convenient street parking and helps users find the nearest electric vehicle charger.
  • Parkl offers 10,000 parking spaces in 40 office buildings and 700 charging points. In addition, the startup partnered with various several firms, including Wolt, Mastercard, Microsoft, Wallis Motor, Central European Startup Awards, Restu, and Green Go.

The deal details:

The leading investor in the round is Lead Ventures, a Budapest-based venture capital firm. It focuses on Central Europe and invests in sectors such as mobility, energy, sustainability, B2B services, and software, with investment ticket sizes ranging from €1 million to €10 million.

Lead Ventures’ investment plays a key role in driving momentum for Parkl’s services across Europe, helping companies achieve more efficient property management and making life easier for office building operators, tenants and employees alike. We would like to say thank you to Absolvo Consulting as well, for supporting the deal through professional transaction advisory,

Parkl Digital Technologies’ team, commented.

With a capital investment, Parkl plans to to scale up the digital mobility services and to finance its growth strategy. Additionally, the startup plans to become the dominant digital service provider of the office market abroad.