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ParkWhiz
ParkWhiz, a Chicago-based company, was founded in 2006. It provides a platform for users to find and book parking spaces. The company has secured $36 million...
ParkWhiz
ParkWhiz, a Chicago-based company, was founded in 2006. It provides a platform for users to find and book parking spaces. The company has secured $36 million in total funding.
General information
Firm type
Asset Manager
Year founded
2006
Location
Region
North America
Country
United States
City
Chicago
Corporate office
Chicago, IL, United States
Principals
Jon Thornton
CEO
A.J. Beddome
Co-Founder
John Andrew Cohlan
Co-Founder
Sector focus
Frequently asked questions
Who runs investment decisions at ParkWhiz?
CEO Jon Thornton leads the company. The board includes representatives from venture backers such as JLL and Pritzker Group Venture Capital. No single external investor controls the firm.
Is ParkWhiz a venture-backed startup or a family office?
ParkWhiz is a venture-backed private company, not a family office. It has raised ~$67M from institutional investors. It is not an allocator of capital but an operating technology firm.
What does ParkWhiz's pivot from consumer to enterprise SaaS entail?
ParkWhiz sold its consumer parking marketplace to SpotHero in 2021 and now focuses on software for parking operators, fleets, and venues. Products include fleet management, reservation engines, and real-time occupancy dashboards.
Which sectors does ParkWhiz target?
ParkWhiz serves the parking and mobility infrastructure sector, with a focus on commercial garages, airports, stadiums, and corporate fleet operators. Its software is deployed in real estate and transportation verticals.
Does ParkWhiz make direct investments or fund commitments?
No. ParkWhiz is an operating company, not an investment firm. It does not deploy capital as an LP or GP.
What is ParkWhiz's geographic footprint?
ParkWhiz is headquartered in Chicago, with an office in New York. Its software is used across the United States, primarily in major metropolitan areas.
How does ParkWhiz relate to SpotHero?
ParkWhiz sold its consumer-facing parking marketplace to competitor SpotHero in 2021. The two companies share no ongoing ownership or operational ties; ParkWhiz now operates purely as a B2B software provider.
Profile maintained by Altss using OSINT (open-source intelligence), regulatory filings, licensed data partners, and verified direct submissions. Read the methodology. Last updated: . Continuous refresh with full update cycles at least every 30 days.
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