What Does ParqEx Do?

Total employees11
HeadquartersChicago
Founded2014

ParqEx is a technology company specializing in smart parking solutions. They offer a marketplace platform that connects owners of underutilized private parking spots with drivers seeking convenient and affordable parking. ParqEx leverages IoT (Internet of Things) technology, including their Access+ and GovE+ systems, to manage parking access, optimize space utilization, and streamline parking operations for residential buildings, businesses, and municipalities. Their goal is to make parking easier, more efficient, and generate new revenue streams for property owners.

Where Is ParqEx's Headquarters?

HQ Function

The Chicago headquarters serves as the central hub for ParqEx's operations, including technology development, product management, sales, marketing, customer support, and executive leadership.

Notable Features:

Located in a prime downtown Chicago location, offering accessibility and proximity to other tech companies and business partners. The office likely fosters a collaborative and innovative environment typical of tech startups.

Work Culture:

ParqEx's work culture is likely dynamic, fast-paced, and innovation-driven, with a strong focus on solving urban mobility challenges through technology. Emphasizes teamwork, problem-solving, and a customer-centric approach.

HQ Significance:

Being based in Chicago, a major metropolitan area with significant parking challenges, provides ParqEx with a key market for testing, deploying, and refining its solutions. It also offers access to a rich talent pool.

Values Reflected in HQ: The headquarters likely reflects values of innovation, efficiency, collaboration, and a commitment to leveraging technology to improve urban living and resource utilization.

Location:

ParqEx primarily operates within the United States, focusing on major urban centers and suburban communities. While their technology has global applicability, their current direct operational footprint and customer base are concentrated in the US. Global functions may be supported through partnerships or for US-based clients with international assets, but direct international offices are not a primary feature of their current structure.

Street Address:

18 S Michigan Ave, Floor 12

City:

Chicago

State/Province:

IL

Country:

USA

Where Else Does ParqEx Operate Around the World?

Remote/Distributed, USA

Address: N/A - Distributed Workforce

To support market expansion, customer acquisition, and provide localized support in various regions without the need for physical satellite offices, enhancing operational flexibility and reach.

Buying Intent Signals for ParqEx

Highperformr Signals uncover buying intent and give you clear insights to target the right accounts at the right time — helping your sales, marketing, and GTM teams close more deals, faster.

Notable news
Hiring actively
Corporate Finance
Corporate Finance
Corporate Finance
Corporate Finance
Corporate Finance
*Example signal, not calculated in real time

Who's Leading ParqEx? Meet the Executive Team

As of April 2025, ParqEx' leadership includes:

Vivek Mehra - Founder & CEO
Griffin Jehs - Chief Technology Officer
Pahal Patangia - Chief Product Officer

Who's Investing in ParqEx?

ParqEx has been backed by several prominent investors over the years, including:

Techstars
I2A Fund (Illinois Accelerator Fund)
gener8tor
RoseKie Ventures
Blue Banyan Capital
IrishAngels
Harvard Business School Alumni Angels of Chicago

What Leadership Changes Has ParqEx Seen Recently?

Hire0
Exits0

Based on publicly available information, ParqEx's core executive team has remained stable over the last 12 months, with no major publicly announced hires or departures at the C-suite level. Any changes would likely be internal promotions or hires not broadly publicized.

What Technology (Tech Stack) Is Used byParqEx?

Discover the tools ParqEx uses. Highperformr reveals the technologies powering your target accounts — helping your sales, marketing, and GTM teams prioritize smarter and close faster.

ParqEx Email Formats and Examples

ParqEx likely utilizes common corporate email formats. Based on industry standards and company size, the most probable formats are [first]@parqex.com or [first].[last]@parqex.com.

[first]@parqex.com

Format

vivek@parqex.com

Example

80%

Success rate

What's the Latest News About ParqEx?

ParqEx Blog • April 18, 2023

ParqEx Selected for Google for Startups Accelerator: Cloud Program

ParqEx announced its selection into the Google for Startups Accelerator: Cloud program. This participation aims to leverage Google's AI/ML technologies and cloud infrastructure to enhance ParqEx's smart parking solutions and scale its offerings....more

Parking Network • November 1, 2022

ParkTrans and ParqEx Partner to Deliver Smart Parking Technology to Cities and Campuses

ParkTrans, a parking technology integrator, and ParqEx formed a strategic partnership to provide advanced smart parking technology solutions to cities, universities, and private property owners, aiming to improve parking management and user experience....more

ParqEx Blog • June 13, 2022

ParqEx Launches the GuestParq Visitor Parking Management System

ParqEx introduced GuestParq, a new visitor parking management system designed to simplify and automate how residential and commercial properties manage guest parking, enhancing convenience for both property managers and visitors....more

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