I know the deals are confidential but can you make any concrete revenue projections for the next 12 months?

Hi Will, Thanks for this question. Our advisors and significant investors feel confident about our revenue trajectory and growth momentum. In a business like ours bookings are as if not more important than revenue per se. Bookings are often multi-year contracts with values often greater than funds received over one period. If we perform the way that we believe we can perform, revenue over the next several years is in the 9 figures. Revenue projections are by definition inaccurate for early st...

How big can Parknav parking navigation get? Then what other ways will you monetize your data?

Hi Ben, Parknav's Parking Navigation is going to be part of everyday navigation within a few years, being embedded in present household navigation solutions and also in emerging ones. Many of those would be embedded in the car directly or via one's mobile devices. Beyond real-time parking, Parknav already sells parking analytics data (e.g. how much time it takes to park on average around a property). Finally, beyond parking, Parknav's data is going to be valuable to marketing automation, lead...

How does parknav differ from parking panda or spothero? What tipping point are you aiming for prior to seeking a Series A? What type of patents do you have or seeking in the U.S. And EU to prevent your business model to be duplicated in other parts of the world?

Hi Dilraj, Parking Panda and SpotHero are great at making reservations for parking lots. We partner with such companies. Parknav provides the on-street real-time availability of spots, and when drivers see all red (hard to park) close to their destination these partners provide the option to reserve a spot in closer off-street garages. The technologies and business ecosystems for the two types of companies are touching but very different. Consequently, we expand much faster, sell primarily B2...

How does Parknav compare to Parko.

Hi Sarit, The main difference is that our solution works. :-) Eyal

As an angel investor can I invest in your business? if yes, then contact me via email for further discussion.

Hi John, I believe you want to contact the WeFunder guys for this. If for some reason you cannot, please let me know and I'll contact on your behalf. Eyal

Parknav Updates, Team, and Funding Progress | Wefunder, Home of the Community Round

$3M+ revenue to date, 200% customer growth, BMW, T-Mobile parent, Siemens

Village Global VC with LP investor Jeff Bezos, Eric Schmidt, Marc Zuckerberg

All-star team Techstars, multiple exists, $1B value to investors, Stanford CEO, Prof UIUC, Top 10 AI

$7B Market for parking-finding service, Smart City AI IoT market $120B growing rapidly

1.5 Billion Searches for Parking Daily Worldwide. Parknav AI charges per parking search

Parknav first to market, 5 patents, technology high precision up to 95%, competitors at only 60%-75%

Named "Best Startup to Invest" by Investors Place 2022, GARTNER Cool Company Data and Analytics

Partners include Microsoft Ventures Accelerator, Startupbootcamp Berlin, Volkswagen PlugAndPlay

Parknav

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