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 | – |
| Investor | None |
| Founders | Robert Crocitti & Michael Nuciforo |
| Employees | 1-10 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 name | Parkhound |
| Product | Parkhound is an app that helps people find parking spaces by connecting them with spots offered by local residents and businesses |
| Episode | Season 02 Episode 11 |
| Founders | Robert Crocitti & Michael Nuciforo |
| Asked for | $400,000 for 10% Stake |
| Final deal | No Deal |
| Sharks | No Sharks |
| Location | Carlton, 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
| Year | Accomplishment |
| 2016 | The company appeared on Shark Tank Australia Season 02. |
| 2023 | As of 2023, the company got $2 million annual sales. |
| 2024 | As 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.
