Get My Parking startup, which provides IoT-based smart parking platform which digitises any type of parking space, has secured Series A funding of $3 million (Rs 19.20 crore) to advance its product transformation and business impact across the globe.

The participating investors include IAN Fund, BEENEXT, and Indian Angel Network.

Previously, the startup had raised $1.1 million (Rs 7.35 crore) as pre-series A and $376k (Rs 2.5 crore) as angel investment.

With a team size of 60, the platform currently processes 1.7 million tickets per month.

The startup successfully deployed its technology across 300 locations in Delhi.

This new fundraising will be utilised towards upgrading its IoT platform to serve a wider range of stakeholders in the parking ecosystem, the startup said.

Get My Parking raises Rs 19 cr fund