In this episode, Hall welcomes Eyal Amir, Founder and CEO of Parknav.

Headquartered in San Francisco, California, and founded in 2015, Parknav revolutionizes real-time on-street parking with a highly accurate and scalable solution. Using big data and AI, Parknav brings the most advanced precise parking availability information for mobility, smart city, transportation, and automotive. They provide on-street parking, free, metered, permit, curbside restrictions, traffic control data as well as data acquisition from city sensors. Parknav is available for over 1000+ cities across North America & Europe and has over 5.5 billion recorded parking events!

Eyal is an AI leader with 20 years of artificial intelligence excellence, winning the best-Ph.D. award at Stanford University computer science and the Top-10 Young AI award from IEEE. He has helped successful startups 6Sense, Reflektion, and Fraud Science, and was tenured Associate Professor of Computer Science (now Adjunct Professor) at UIUC.

Among others, he was a gold medalist (Israel) in Olympic Rifle Shooting at age 20 and is a black-belt in karate (Shotokan JKA).

Eyal shares with Hall what led him to start working in this space. He discusses some of the challenges he has faced and advises investors and entrepreneurs.

You can visit Parknav at  www.parknav.com, via LinkedIn at www.linkedin.com/company/parknav, and via Twitter at www.twitter.com/parknav. 

Eyal can be contacted at eyal@aiincube.com and eyal@parknav.com, and via LinkedIn at www.linkedin.com/in/eyalamir1.

Music courtesy of Bensound.

Hello, this is Hall T. Martin with the Startup Funding Espresso -- your daily shot of startup funding and investing.

Investors should gain alignment with the startup about the exit before making the investment.

This includes the size and timing of the exit.

There needs to be some clear thinking and research about who will buy the company and how much they will pay.  

The investors and the startup need to work together to achieve the exit.

One of the biggest impacts on the exit for early-stage investors is follow-on funding.

It’s important to gain alignment on the subsequent financing rounds required and the impact it will have on the early investors.

It’s often the case the startup is overly optimistic and comes back later asking for additional funding. 

Also, discuss the path to achieve the exit - will the company grow organically or will it push aggressively for growth?

It’s important to maintain communication about the exit strategy and discuss how the company is on track for it or not. 

Follow-on funding brings terms and valuations that can diminish the early investor’s position and ultimate exit.


Thank you for joining us for the Startup Funding Espresso where we help startups and investors connect for funding.

Let’s go startup something today.
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Music courtesy of Bensound.