ParkUpp

Acquired

South 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
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

AcquisitionFeb 2022

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