KERB Raising €3.7M (€800k Committed)

KERB has developed an international, award-winning technology which solves a problem that affects 2bn vehicle owners around the world every single day: Where to park? 

Find out more on KERB website.


€2M ARR (194% YoY) and €150k MRR (15% MoM), with €95K net monthly burn in the last month and 75-100 new paying car park owners on four continents per day.

The Ask

KERB is now looking to raise €3.7M in Series A funding. The ideal investor would have expertise in Real Estate, PropTech, and/or Mobility. The investment is needed to:

  1. Sign up 30 more B2B customers in key KERB markets (Australia, Malaysia, Philippines, UK, Ireland, Canada) and secure an initial presence in the USA and (potentially) the Middle East by Q1 2025.
  2. Reach €6M net annual revenues by Q1 2025.
  3. Establish a sales team in key markets to achieve exponential revenue growth, using the existing KERB 1.0 core technology.


Founded in 2017 in Sydney, Australia, KERB is poised to capture a significant share of the global commercial parking and mobility market worth €1Tn (+7% CAGR/Year). 

Business Model 

KERB is monetizing through commission and SaaS fees charged to corporate B2B customers (e.g. office towers, hotel groups, retail malls, airports). Revenue growth is projected at ~450% YoY (breakeven in Q4 2024), reaching €54M gross revenue by Q1 2027.


KERB’s team of 20 full-time employees, and 8 advisory board members, are based in seven countries on four continents. KERB’s CEO owns 30% of the company (27% after this round’s share issue), and combines 45+ years of managerial, commercial, international business expertise across 40 countries, in the areas of proptech, mobility, marketing, IoT and commercial real estate.

Competitive Advantage

KERB’s vision extends way beyond traditional or app-based parking solutions like JustPark or EasyPark in Europe, or like SpotHero or ParkWhiz in the USA. Not only is KERB a B2C parking aggregator for drivers (“ for parking”), its IoT and camera access technology works inside or alongside any existing parking equipment and can be deployed for just €1k per gate. KERB’s proprietary B2B software gives asset owners previously unseen data on the Who/Where/When/How often? of a significant percentage of parkers. This is data that traditional parking solutions (and even most parking technology solutions) do not have.

Round Details

At a €28.7M pre-money valuation, KERB aims to close this €3.7M Series A round by 30 April 2024. A significant Asian mobility player – with a view to a €500k – €1M investment – is doing due diligence on KERB. The minimum investment ticket size is €200k.

KERB has previously raised €9M in private capital from 70 individual investors and 2 institutional investors (including a major Canadian airport) to develop its MVP and validate its product market fit on five continents. After this investment round is secured, KERB will be fully ready for international commercial uptake and will have the necessary traction for the next Series B round in H1 2025. KERB is seeking to exit in 5 years via Buyout/Trade Sale at a target valuation of €500M – €1Bn+ (14x-28x return of investment on the current valuation).

Get in Touch

Rob Brown, KERB Founder/CEO, is speaking with potential investors over the next few weeks and is keen to pitch, demo and open up KERB’s KPIs and financial plans in detail. 

Request the deck and get in touch with the founder.

Pick a Time for a Call with Rob Brown CEO of KERB