Parkhound, a mobile application, was started by Robert Crocitti & Michael Nuciforo on Sep 1, 2014. As of January 2024, Parkhound net worth is $28 million and they’re pulling in a whopping $2 million in annual revenue. 

In 2016 June, they appeared on Season 02 of Shark Tank Australia seeking $400,000 for 10% Stake of equity valuing the company at $4 million. But the Sharks were not interested in investing in Parkhound. The founders did not sastisfy Shark’s offer so the founders went out from the Show without a deal.

As of 2024 January, the company is still in business. You can get an application through Google play Store and Apple Store. Also, read more details about applications visiting their website.

Parkhound Net Worth

Net worth$28 million
Annual Sales Revenue$2 million
Profits–
Lifetime sales–
InvestorNone
FoundersRobert Crocitti & Michael Nuciforo
Employees1-10 employees

Parkhound Net Worth Timeline

Net Worth 2024$28 million
Net Worth 2023$27.5 million
Net Worth 2022$27 million
Net Worth 2021$26 million
Net worth valuation 2016 before appearing on Shark Tank  $4 million

Parkhound Pitch on Shark Tank

Company nameParkhound
ProductParkhound is an app that helps people find parking spaces by connecting them with spots offered by local residents and businesses
EpisodeSeason 02 Episode 11
Founders Robert Crocitti & Michael Nuciforo
Asked for$400,000 for 10% Stake
Final dealNo Deal
SharksNo Sharks
LocationCarlton, Victoria, Australia

Don’t miss these product from Season 02

Parkhound Founders

Parkhound was founded by Robert Crocitti & Michael Nuciforo in 2014. Michael has a background in finance and business. Before co-founding Parkhound, he worked in various roles, gaining experience in financial analysis and management. Rob has a background in technology and software development. He brought technical expertise to the founding team, contributing to the development and implementation of the online platform. Parkhound’s founders, Robert Crocitti & Michael Nuciforo, have a net worth of 28 million USD as of 2024.

Key accomplishments

YearAccomplishment
2016The company appeared on Shark Tank Australia Season 02.
2023As of 2023, the company got $2 million annual sales.
2024As of 2024, the company earned $28 million worth.

Conclusion

From their beginnings on Shark Tank to their current status as a thriving business, they have proven that with the right idea and execution, anything is possible. We can’t wait to see the future for Parkhound and its continued success.

ABOUT KESARA BANDARAGODA
Kesara Bandaragoda is a Sri Lankan-born media entrepreneur currently based in Dubai, with a lifelong passion for storytelling, innovation, and all things screen-worthy. Whether it's a mind-bending sci-fi epic or the latest startup pitch on Shark Tank, Kesara is all in. In fact, he was one of the earliest content creators to cover Shark Tank Australia online and has been tracking its businesses, products, and founders since 2019 — long before it was cool.

Kesara is the visionary CEO behind BrandFactory, a digital media company powering multiple content platforms that reach millions. When he’s not leading a team of creatives, he’s often geeking out over Marvel and DC universes, decoding Spielberg's directorial magic, or revisiting classics like The Shawshank Redemption, Interstellar, and Pirates of the Caribbean (yes, he's a Johnny Depp loyalist).

INDUSTRY FOCUS
Kesara’s writing and content leadership often focus on the intersection of entrepreneurship, entertainment, and emerging digital cultures. He’s particularly passionate about telling stories that celebrate founders, dissect business blueprints from media narratives, and spark curiosity in audiences across the globe.

FAVORITE MEDIA
A sci-fi enthusiast with a taste for high-stakes storytelling, Kesara’s favorite titles range from cerebral time-space odysseys to charismatic pirate adventures. He thrives in content that mixes real-world business insight with the spectacle of entertainment — think Shark Tank meets Black Mirror, with a touch of Marvel heroics.

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