Smart Parking-on-the-spot unicorn first: "Etcp Parking" won $50 million a round of financing

Source: Internet
Author: User

Recently, the domestic first intelligent parking platform "ETCP Parking" announced the completion of a round of financing, by the source capital, SIG, easy Car network, Jingwei China and the business sector celebrities jointly invested more than 50 million U.S. dollars. At the same time, etcp as China's smart parking industry leader, not only the industry's founder and leading brand, the financing amount is also the industry's most, after the round of financing, the current market value has exceeded 500 million U.S. dollars.
"ETCP Parking" independent research and development of non-stop electronic payment parking fee system, based on the traditional car license plate recognition technology and the combination of mobile internet, owners only need to pay attention to "ETCP parking" public number or install the app, registration license plate number and binding credit card can be realized in and out of the parking lot of electronic payment parking fee, convenient and fast Save time and worry, you can also enjoy ETCP parking fee preferential subsidy.
Around the city with car problems, taxi, car rental fields in the field of endless, many of them drip, fast and so has been the winner of huge financing, but the smart parking industry, but still like a complete cheese to treat people. According to the data, as at the end of 2014, the number of domestic cars registered in the personal name was 104 million. Compared with the large number of cars and the rapid growth trend, the number of parking spaces growth is much slower. In Beijing, for example, at the end of October last year, there were 5.613 million motor vehicles in Beijing, parking spaces were only 2.823 million, and parking slots reached a staggering 50%.     In addition to Beijing, most of the one or two-tier cities in China are facing severe parking pressure, and the parking problem of three-wire city is gradually highlighted. "Etcp Parking" direct stamping city parking difficult, parking expensive, payment line congestion and other pain points, in parking inquiries, parking guide, parking reservations, payment and parking, etc. play "Internet + Parking" advantage, with the world's leading operating concepts and mobile internet technology applications, as well as strong capital support,     A new revolution in the smart parking industry. "Etcp Parking" will be manually charged to electronic charges, to achieve the separation of human money and revenue two lines. Online, offline trading closed-loop not only reduces the owner queue payment time, convenient and fast, enhance the owner experience. For the parking lot, can not only greatly alleviate the congestion of the car queuing in the field, the efficiency of more than 10 times times, plugging and loss prevention, at the same time can improve and improve the parking service management level, increase revenue.
It can be said that "ETCP parking" is prepared to use more than two years to quietly complete the offline layout, to the first half of 2015, landed in Beijing, Shanghai, Guangzhou, Shenzhen, Chongqing and other national one or two-line core cities, open parking more than 1000, registered users more than 2 million, electronic payment daily transactions up to 50000 pen, The company expanded rapidly to more than 1000 people. These figures seem to explain why it seems as if "overnight" Etcp was born, gaining capital and quickly getting huge sums of money.
In the intelligent parking industry, because of the scarcity and exclusivity of the parking lot, which makes it different from other industries, it is the two core barriers for the rapid horse-racing to occupy the parking lot and the large capital investment. As the leading brand of "ETCP parking" two advantages highlighted, more than 50 million U.S. dollars in cash reserves and execution of the ultra-strong near the thousand-man offline team, has occupied the country's one or two-line cities, most of the core car park, with parking real-time Dynamic data. This is the main factor that makes it difficult for rivals to shake "etcp parking".     "Etcp parking," said the head of marketing. It is reported that the industry is truly successful in financing more than tens of millions of dollars of enterprises only etcp.     With the gradual rational cooling of the capital market, the industry "unicorn" has been in the beginning. As a round of the lead, source Capital, founding partner Cao Yi said: "The car and post-service market is huge, and parking is the most high-frequency point of entry, this field for entrepreneurs to set aside enough space." And now the parking market is very fragmented, but also very scene, there is a large integration and extension opportunities. ETCP's team and execution are strong and expect it to accelerate growth and create value.
"The sig is looking for companies that can quickly launch unique products and services in mainland China and around the world, and the SIG also wants to be creative, understand the fast-growing Chinese economy, and have strategic vision and execution," said Mr. Xu Bingdong, SIG partner/Managing director. "Etcp Parking" to the industry's key, will be the interests of all parties to the non-stop electronic payment platform, not only do software systems, integration of patented technology and offline parking to create an upgraded version of the Internet + parking, we have reason to believe that smart parking is only the starting point of etcp, will not be a stop. Perhaps this will be the birth of the next billion-dollar company.
Who can get more money, who can access more offline resources and users, who will be able to seize the opportunity, this is almost the consensus of all enterprises.     It is reported that etcp this financing is mainly used for team building and faster occupation of the market. "Etcp Parking", which we expect to receive huge sums of money, will quickly cover more parking lots and bring more convenience and benefits to our lives.

Smart stop-and-Start unicorn: "Etcp Parking" won $50 million a round of financing

Contact Us

The content source of this page is from Internet, which doesn't represent Alibaba Cloud's opinion; products and services mentioned on that page don't have any relationship with Alibaba Cloud. If the content of the page makes you feel confusing, please write us an email, we will handle the problem within 5 days after receiving your email.

If you find any instances of plagiarism from the community, please send an email to: info-contact@alibabacloud.com and provide relevant evidence. A staff member will contact you within 5 working days.

A Free Trial That Lets You Build Big!

Start building with 50+ products and up to 12 months usage for Elastic Compute Service

  • Sales Support

    1 on 1 presale consultation

  • After-Sales Support

    24/7 Technical Support 6 Free Tickets per Quarter Faster Response

  • Alibaba Cloud offers highly flexible support services tailored to meet your exact needs.