CTP Asset Profile

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Year established

2017

Location

Shanghai China

Primary Industry

Software

About

Established in 2017 and based in Shanghai, China, CTP operates as a parking service company that focuses on providing city-level smart parking and charging solutions. Guangyi Nie, the CEO of the company, graduated from Shanghai Jiao Tong University. CTP has set up local operation centers and offices in more than 100 cities. The company released flat parking space lock products in March 2018. It also acquired ITSS level III certification in December 2021. In November 2024, CTP closed a series A+ funding. The company's main business is city-level smart parking and charging solutions. Its smart parking products are divided into software and hardware. Software products include city-level smart parking integrated management system, on-street smart parking unattended system, etc. Hardware products include parking locks, license plate recognition machines, IoT video poles, etc. Products can be used in urban parking, parking space management, and other fields. The company generates revenue by providing city-level smart parking and charging solutions. The series A+ funding will boost the company's market expansion, industrial investment, mergers and acquisitions, product research and development, and talent team recruitment.

Current Investors

Fortune Fusion Capital

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Primary Industry

Software

Sub Industries

Consumer Services, Hardware, Web Development, Software

Website

www.enctp.com

Verticals

Artificial Intelligence, Cloud Computing, IoT (Internet of Things), Manufacturing, Mobile Apps

Company Stage

Series A

Total Amount Raised

Subscriber access only

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