ParkHere

ParkHere

Individually configurable complete solutions for parking space management.

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DateInvestorsAmountRound
-investor investor investor

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Buyout
Total Funding000k

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Revenues, earnings & profits over time
EUR2018202020212022
Revenues0000000000000000
EBITDA0000000000000000
Profit0000000000000000
% profit margin--(21 %)-
EV0000000000000000
EV / revenue00.0x00.0x00.0x00.0x
EV / EBITDA00.0x00.0x00.0x00.0x
R&D budget0000000000000000

Source: Company filings or news article

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ParkHere GmbH, which operates under the brand name MESHLE, has carved out a distinct niche in the smart building and Internet of Things (IoT) sector. The company originated from a university project at the Technical University of Munich, officially founded in 2014 by Felix Harteneck, Clemens Techmer, and Julian Glaab. Their initial focus was on smart parking solutions, developing technology that allowed drivers to find and pay for parking spaces via a smartphone app, utilizing self-powered sensors to detect occupancy. This early work in sensor technology and wireless communication laid the groundwork for a strategic pivot.

Observing broader applications for their core technology, the founders transitioned the company's focus towards smart lighting control and IoT solutions for buildings under the MESHLE brand. The MESHLE system provides wireless, Bluetooth-based control over lighting systems, a market serving industrial facilities, offices, and other commercial properties. This technology allows for the automation and management of lighting without the need for extensive new wiring or complex gateways, offering a scalable and cost-effective solution for building retrofits and new constructions. The system utilizes a Bluetooth mesh network, enabling devices to communicate with each other to extend range and reliability.

The business model centers on providing both hardware, such as controllers and sensors, and a software platform for managing the smart environment. Clients, which include luminaire manufacturers and electrical contractors, can integrate MESHLE's technology into their own products or use it for specific building projects. Revenue is generated through the sale of these hardware components and potentially through licensing or subscription access to their software platform and services. The company has demonstrated a consistent trajectory of development, securing millions in funding to fuel its expansion and technological advancement in the competitive smart building market.

Keywords: Smart Lighting, IoT, Building Automation, Bluetooth Mesh, Smart Building, Lighting Control, Wireless Technology, PropTech, Energy Efficiency, Sensor Technology

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