Fundraising Fox

ParkWhiz

Chicago, US · Founded 2012 · Delaware corporation · 18 employees on LinkedIn · 6 known investors

Find your way into ParkWhiz

37 people in our graph share verified history with the ParkWhiz team — schools, employers, funds. One of them is your warm intro.

Simon Leveneunlockedknows Jon Thornton · together at Knewton (overlapped)
×5knows the team · via Knewton
×4knows the team · via Squarespace
knows the team · via Arrive
knows the team · via ParkWhiz

ParkWhiz is an online parking marketplace and mobile app that lets drivers search, compare prices, and reserve parking spaces in advance for events or immediate use. Users book spots through the app and enter using a mobile parking pass, often at discounts off standard rates.

Also known as ParkWhiz

ConsumerMarketplacesMobility & Transportation

Founders & leadership

ParkWhiz was founded in 2012 by Aashish Dalal and Jon Thornton.

ADAashish Dalal
Aashish DalalinFounder & CEO (acquired)2007–2018Aashish Dalal founded and served as CEO of ParkWhiz, a digital parking marketplace that scaled to over $25M in annual revenue across 100+ cities before transitioning to Executive Chair and supporting the company through a merger and $1B+ valuation. He is currently CEO of F&B Insights, an AI-driven category management platform for beverage alcohol suppliers, and previously worked as a Partner at a venture studio and in enterprise consulting at IBM.
JTJon Thornton
Jon ThorntoninFounder, CTO2006–2014Jon Thornton is Director at ParkWhiz, an online parking marketplace and mobile app that enables drivers to search, compare prices, and reserve parking spaces in advance. He has background in engineering leadership, product development, and people management.
YS
Yona ShternExecutive
MS
Mike SandsNamed on SEC filing
SC
Sachin ChitnisNamed on SEC filing
AE
Adam ErlebacherNamed on SEC filing

Board

BR
Benedict RocchioBoard director
IW
Ira WeissBoard director
AM
Amreesh ModiBoard director
HF
Henry FeinbergBoard director

Investors · 6

Chaifetz GroupChicagovia Richard A. Chaifetz · inferred
Connetic VenturesCovington · $250K – $500K
Escalate Capital PartnersAustin
Village GlobalCovina · $100K – $500K
Wonder VenturesLos Angeles · $100K – $1.5M
Baird Venture PartnersreportedChicago

Reported raises · per SEC filings

Form D private placements

$50.9M disclosed across 5 rounds · 2014–2020

▶$2.9MraisedApr 2020 · 9 investors · Other
Rule 506(b)
Officers, directors & promoters on the filing
  • Glenn RiegerDirector
  • Aashish DalalDirector
  • Benedict RocchioDirector
  • Sachin ChitnisDirector
  • Yona ShternExecutive Officer, Director
Offering amount
$4M
Amount sold
$2.9M
First sale
Apr 2020
Incorporated
Corporation, Delaware
Federal exemptions
06b
Full filing on SEC EDGAR ↗
▶$20MraisedSep 2018 · 11 investors · Other
Rule 506(b)
Officers, directors & promoters on the filing
  • Benedict RocchioDirector
  • Aashish DalalDirector
  • Sachin ChitnisDirector
  • Glenn RiegerDirector
  • Yona ShternExecutive Officer, Director
Offering amount
$25M
Amount sold
$20M
First sale
Aug 2018
Incorporated
Corporation, Delaware
Federal exemptions
06b
Full filing on SEC EDGAR ↗
▶$2MraisedMar 2018 · 4 investors · Other
Rule 506(b)
Officers, directors & promoters on the filing
  • Mike SandsDirector
  • Yona ShternExecutive Officer, Director
  • Benedict RocchioDirector
  • Sachin ChitnisDirector
  • Aashish DalalDirector
  • Adam ErlebacherDirector
Offering amount
$2M
Amount sold
$2M
First sale
Mar 2018
Incorporated
Corporation, Delaware
Federal exemptions
06b
Full filing on SEC EDGAR ↗
▶$18.9MraisedJan 2016 · 11 investors · Other Technology
Rule 506(b)
Officers, directors & promoters on the filing
  • Dean BravosExecutive Officer
  • Benedict RocchioDirector
  • Aashish DalalExecutive Officer, Director
  • Tim BrennanExecutive Officer
  • Sanchin ChitnisDirector
  • Rob McLennanExecutive Officer
Offering amount
$23M
Amount sold
$18.9M
First sale
Dec 2015
Incorporated
Corporation, Delaware, 2012
Federal exemptions
06b
Full filing on SEC EDGAR ↗
▶$7.1MraisedJul 2014 · 17 investors · Other Technology
Rule 506(b)
Officers, directors & promoters on the filing
  • Aashish DalalExecutive Officer, Director
  • Henry FeinbergDirector
  • Jon ThorntonDirector
  • Ira WeissDirector
  • Amreesh ModiDirector
Offering amount
$10M
Amount sold
$7.1M
First sale
Jul 2014
Incorporated
Corporation, Delaware, 2012
Federal exemptions
06b
Full filing on SEC EDGAR ↗

Source: SEC EDGAR Form D. Amounts as filed; amended filings shown once at their latest values.

Company profile

researched Aug 2026

ParkWhiz operates a consumer parking booking service, available on the web and as a free iOS and Android app, that lets drivers locate parking either for immediate use or for a later time. Users search for nearby spaces, compare prices across locations with the full cost shown up front, and reserve and prepay for a spot before arriving. Entry to the facility is handled with a mobile parking pass, and the company states bookings can be up to 50% below standard posted rates.

The service covers both hourly and monthly parking. Alongside the consumer product, ParkWhiz markets a business-facing side that includes a platform offering and the ability for parking operators and space owners to list their inventory for booking.

Business model

ParkWhiz connects drivers with parking facility inventory through an online marketplace: drivers reserve and prepay for spaces via the website or app, while parking owners and operators list their spaces on the platform. The company also offers business-oriented products, including a platform for partners and a listing channel for parking supply.

▸Full profile — technology, go-to-market, geography

Technology

A web and mobile booking system (iOS and Android apps) supporting location-based search, price comparison, prepayment, and facility entry via a mobile parking pass. The company also publishes an automatic license plate recognition (ALPR) policy, indicating use of plate-based access.

Go-to-market

Direct-to-consumer acquisition through its website and free mobile apps, city- and airport-specific parking landing pages, price-savings messaging, and a supply-side channel inviting parking owners to list spaces; a separate 'ParkWhiz for Business' offering targets commercial partners.

Drivers seeking parking in urban areas, at airports, and around events and venues such as concerts, plus parking operators and space owners who list inventory, and business partners using the company's platform.

Geography

United States-focused site with dedicated city pages including Boston, Chicago, New York, San Francisco and Washington DC, plus Toronto in Canada, along with broader city and airport directories.

Compiled by commissioned research from 1 cited public sources — announcements, filings, and press listed under research sources below.

Key figures

latest reported
Advertised savings vs. standard parking ratesJan 2026Up to 50% off standard rates

Company-reported or press-reported figures, each dated to when it was claimed — not independently audited.

Competitors · 4

by search overlap
Spot Hero77696 shared keywordsSpotHero is a parking reservation app that helps drivers find and book affordable parking at garages, lots, and valet services across North American cities. The platform operates in over 400 major cities and serves as a marketplace connecting drivers with parking providers.
SpotAngels40885 shared keywordsSpotAngels provides a mobile app that helps users find parking, avoid tickets through location reminders, and pay parking meters in select cities. The service serves drivers in urban areas and generates revenue through premium subscriptions and parking transaction commissions.
Vivid Seats23680 shared keywordsVivid Seats operates an online marketplace for buying tickets to live events such as concerts and sports, offering a buyer guarantee and a loyalty rewards program. It serves consumers purchasing event tickets across the United States.
AirGarage15523 shared keywordsAirGarage provides a connected platform and operational services for parking asset management, combining IoT cameras for occupancy monitoring with data analytics and management execution for property owners. The platform helps real estate owners and institutional investors increase parking revenue and tenant satisfaction through data-driven pricing, enforcement, and operations.

Companies competing with ParkWhiz for the same Google search keywords, organic and paid, via search-intersection analysis.

Legal entities · 1

corporate structure
ParkWhizDelaware

In the news

ParkWhiz - Wikipediaen.wikipedia.org · Jun 2026

▸Research sources · 1

primary sources listed

1 public sources were cited for this profile; the first-party ones are listed here.

Frequently asked questions

What does ParkWhiz do?
ParkWhiz is a parking marketplace and mobile app for finding, comparing and prepaying for parking spaces.
Who founded ParkWhiz?
ParkWhiz was founded by Aashish Dalal, Jon Thornton in 2012.
Who are ParkWhiz's investors?
ParkWhiz's investors include Chaifetz Group, Connetic Ventures, Escalate Capital Partners, Village Global, Wonder Ventures, Baird Venture Partners.
How much funding has ParkWhiz raised?
ParkWhiz has disclosed $50.9M raised across 5 rounds.
Where is ParkWhiz headquartered?
ParkWhiz is headquartered in Chicago, US.