CommuniThINGs
IoT platform including wireless sensors and a solution suite assisting commuters to find available parking.
| Date | Investors | Amount | Round |
|---|---|---|---|
* | €3.0m | Early VC | |
| Total Funding | 000k | ||
| EUR | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 |
|---|---|---|---|---|---|---|---|
| Revenues | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
| % growth | 24 % | 83 % | (43 %) | 65 % | 41 % | (18 %) | 49 % |
| EBITDA | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
| % EBITDA margin | (81 %) | (63 %) | (235 %) | (73 %) | (63 %) | (126 %) | - |
| Profit | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
| % profit margin | (87 %) | (67 %) | (243 %) | (75 %) | (66 %) | (133 %) | (47 %) |
| EV | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
| EV / revenue | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x |
| EV / EBITDA | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x |
| R&D budget | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
Source: Company filings or news article
Related Content
CommuniThings, founded in 2014, is a company that specializes in smart parking solutions. The company has developed a turnkey Internet of Things (IoT) solution that utilizes Low Power Wide Area Network (LPWAN) technology to address parking-related challenges.
CommuniThings offers a range of services and products designed to optimize parking management for both on-street and off-street environments. Their offerings include wireless ground and camera sensors for real-time parking occupancy detection. This data is then used to provide guidance to drivers, helping them find available parking spots more efficiently. The system also facilitates parking control and enforcement, enabling authorities to monitor parking compliance and manage violations effectively.
Furthermore, CommuniThings provides solutions for the growing electric vehicle (EV) market. Their platform includes features for managing EV charging spots, including the ability for drivers to reserve these spots in advance. This helps to ensure that EV drivers have access to charging infrastructure when they need it.
The company's business model is centered around providing a comprehensive, end-to-end solution for smart parking. They cater to a variety of clients, including municipalities, parking operators, and private businesses. By leveraging LPWAN technology, CommuniThings is able to offer a cost-effective and scalable solution that can be deployed in a wide range of settings.
Keywords: smart parking, IoT, LPWAN, parking management, parking sensors, EV charging, parking guidance, parking enforcement, mobility solutions, smart city