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SBC alumnus Mobypark announces new funding and milestones

French/Dutch parking startup Mobypark has recently raised a fresh EUR500k in funding and shared its progress since graduating from Startupbootcamp’s NFC program. They also announce a partnership with MyOrder (Rabobank), as well as the expansion of their team.

Mobypark was originally founded in the summer of 2013 in Paris, France, by Yoann Benhacoun. His idea was to disrupt the parking industry by applying an AirBnB like system to parking. Those with excess parking, both consumers and businesses, can offer up these spots to drivers looking for space. This system increases revenues for those with excess capacity, while it lowers parking cost (or increases convenience) to the drivers.

Yoan made the jump to Amsterdam in September 2013 to join the NFC & Contactless accelerator of Startupbootcamp. Since then the team have managed to add over 500 spots in Amsterdam as well as  over 350 locations in Paris.

During the program Mobypark raised an initial EUR100,000 in angel funding to cover initial operations. Today it announced a further EUR0.5m in funding, bringing their total to EUR600,000 to date. Funders in this round are two undisclosed family offices from the Netherlands and Belgium, who met Mobypark at Startupbootcamp’s Demoday.

The new funding, as well as the milestones achieved, have allowed for an expansion of the team and a redesign of the product. The young startup also drew the attention of MyOrder, an order and pay Application from Rabobank, resulting in a recent partnership. Aim of the partnership is to further improve the experience of drivers around parking.

Photo by Pieter van Marion (creative commons via Flickr)

Wouter Kneepkens
Startup guy, mentor & investor with finance background | fund manager @ VNT.RE | founding editor @ StartupJuncture | co-founder @ SNTMNT | INSEAD alumn | Singapore & Amsterdam | Wouter Kneepkens
  1. John says:

    Congrats mobypark!! I met Manuel and Katrin in TNW. Amazing team spirit!! Keep up!!
    Love Mobypark and Mobyteam!

  2. Jorgen says:

    I used MobyPark in Amsterdam in Dam Square. Excellent service. Parked at cheapest price in the centre..

  3. Anna says:

    Congratulations Monypark! A sharing comoany that make total sense in todays climate change issue!

  4. Niels says:

    i know this system for years and have a good experience. Approx. 5 years ago Parkeerdichtbij.nl was launched and the mediate in private and business parking places all over the Netherlands. Service is free for drivers and those who offer the parking for certain time a d period. I could even rent a space for 1 hour at the Parkeerdichtbij.nl site…percect and cheaper than the official parkings!

  5. […] mini-interview As we announced last week, Mobypark raised € 500k from two low profile investment groups.  During our visit to Mobypark’s new office we met one of the (undisclosed) investors: “We […]

  6. Sandra says:

    I parked some times at spaces on the Parkeerdichtbij.nl platform.
    This plaform add no costs for advertiser and parking person..so perfect,
    Parking spaces are much cheaper than the parking garages.

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