Dallas-based parking software, payments provider achieves 144 percent growth over last three years
September 1, 2022 DALLAS, TX – ParkHub, a leading provider of parking software and payments solutions, has been named to Inc. Magazine’s Inc. 5000, an annual listing of America’s most successful companies.
Founded in 2010, ParkHub provides a fully integrated software and payment processing solution to optimize parking operations, facilitate payments, and deliver real-time business insights to customers in multiple vertical markets, including sports, music & entertainment, higher education, parks & recreation, and other destinations. Through reliable technology, advanced reporting and analytics, and integrations with numerous parking and ticketing solutions, ParkHub helps clients increase revenue, improve operational efficiency, and deliver exceptional guest experiences.
Companies on the 2022 Inc. 5000 are ranked according to percentage revenue growth from 2018 to 2021. To qualify for the list, companies must have been founded and generating revenue by March 31, 2018. In addition, companies must be U.S.-based, privately held, for- profit, and independent–not subsidiaries or divisions of other companies–as of December 31, 2021, to qualify for consideration.
ParkHub clocks in at number 3,588 on the 2022 Inc. 5000. The company has achieved 144 percent growth over the most recent three-year interval. That figure reflects an increase from 2021’s 117 percent growth, while in 2020, the three-year growth average was a whopping 369 percent.
The company’s steady success has come through a combination of strong organic growth coupled with key acquisitions to round out ParkHub’s capabilities in software, payments integration, business intelligence, and offerings aimed at new industry sectors. In 2021, ParkHub acquired Bonfire, a provider of campground management software. Last week, the company added payments integrator Fuzse, another Dallas firm known for its expertise at the intersection of payments and software development.
“For many businesses, finding growth is hard, and maintaining it can be much harder,” said George Baker, Founder & CEO of ParkHub. “Inc 5000 recognition for three years running is recognition of our market leadership, the market opportunity, and most of all, keeping close to our clients to meet and anticipate their needs with innovation. I am proud of our team and our continued growth with our recent investment from LLR Partners.”
ParkHub is optimizing the world’s journeys by providing cutting-edge enterprise technology to support the parking industry. The company’s products offer contactless payment options, real- time operational data, robust performance analytics, and leading integrations with ticketing and parking reservation providers. For more information, visit parkhub.com.
Riese Rubin, Marketing Manager