Never look for a parking spot for your car again with Parkimeter.

The itnig startup Parkimeter recently closed a new seed round of €250.000 to consolidate their market leadership in Spain, and to develop their product.

Parkimeter’s technology lets you book and pay for parking, in most big Spanish cities, but also many smaller towns around the country.

This is the second seed round for the startup that plan to raise another bigger round by the beginning of next year.

The two co-founders of Parkimeter, Jordi Badal (CEO) and Ferran Gatius (COO).

The Barcelona-based company have established a presence in more than 80 locations in Spain and will reach 500 car parks by the end of 2016.

50.000 parked cars

The latest round of funding was led by local business angels and will let Parkimeter continue to expand their network of locations.

Since its launch back in July 2013, the startup have parked a total of 50.000 cars.

With your phone through their app you can easily choose where and what kind of parking you want, either by price, location or additional services.

It’s also convenient for corporate parking and for freelancers, as you every month can receive a single invoice with all parkings made and unbundled VAT.


According to the company, there is a lot to save on using the Parkimeter, instead of normal parking. In some cases you can save up to 50 percent using Parkimeter.

Parking changed by technology

Parkimeter serves customers in eight different languages. It’s mostly Spanish users right now, but they also have international drivers using the service.

The parking sector has remained traditional, and almost unaffected by the huge digital transition most industries has been adapting to the last decade.

One of the founders Jordi Badal thinks the sector will be drastically changed by technology over the next years:

“How parking has been changed through technology, is similar to how the travel sector was disrupted 15 years ago.”

Parkimeter is also developing a brand new app, to make the process of finding, reserving and paying for parking even easier.

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WeWork running out of cash & Faraday on bankruptcy

This is the Newsletter shared on the 21st of October. If you wish to receive newsletter faster, you can subscribe here: https://itnig.net/newsletter ​​

Hi entrepreneur,


After raising €25M, Bnext is opening a new… crowdfunding round! The neobank is quickly growing like many other fintech startups. Don’t lose count and check out the European unicorn landscape.

On the other side of the spectrum, the once-claimed Tesla competitor Faraday files for bankruptcy. Other manufacturers are racing to capture the growing electric vehicle opportunity.

Of course, WeWork also had its show time this week as we got to know that it might run out of cash by mid-November. Oh, and totally unrelated, if you are thinking of changing offices, check out our options available at Itnig😜

– Itnig’s team

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This week’s podcast is brought to you by Factorial, the HR software that does all the heavy work for you. Start now managing your company with advance reports, time & attendance signing and muc more!

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