HonkMobile seeded in $3 mln financing led by Impression Ventures
HonkMobile, a Canadian provider of on-demand mobile payments for parking, has secured $3 million in seed-stage funding. The round was led by Impression Ventures, a Canadian venture capital firm, and was joined by several angel investors. Based in Toronto, HonkMobile has developed cloud-based technology that allows users to search, pay for, and top up parking from any connected device. It is currently accepted at over 400 locations and 15,000 parking spaces in North America. The startup, which was founded by CEO Michael Back in 2013, plans to use the investment's proceeds to scale sales, marketing and technology infrastructure to support continued growth.
2 October 2015•3 mins read
