ParkUpp
AcquiredSouth Africa's leading monthly parking marketplace
Cape Town, South Africa · Founded 2016 · $83K raised
- Headquarters
- Cape Town
- Employees
- 1–10
- Founded
- 2016
- Business Model
- Marketplace
- Website
- parkupp.co.za
- Total Funding
- $83K
- Last Round
- $83K Seed
- Rounds
- 1
- Acquisition Date
- Feb 2022
About
ParkUpp is South Africa's leading monthly parking marketplace, connecting individuals and businesses seeking parking with property owners who have unused or underutilized parking spaces. Founded in 2016 in Cape Town, South Africa by Palesa Moloi, ParkUpp operates across major South African cities including Cape Town and Johannesburg, offering both fixed-term and rolling monthly parking contracts. The platform handles the entire process — from browsing available bays and submitting booking requests to contract negotiation with landlords and payment processing — providing a hassle-free alternative to daily parking. ParkUpp caters to individual commuters and corporate clients alike, and was acquired by Docklands Ventures in 2022. The platform is known for its cost-effective pricing and responsive customer support.
Summary
ParkUpp is a SaaS company based in Cape Town, South Africa, founded in 2016. It has raised $83K in total across 1 round. Investors include BonBillo and Kingson Capital Partners.
Tech & App Stack
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Funding History
Feb 2022
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Seed through Acquisition — per-round amounts, valuations, and who invested in each round.
Investors
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