Parabol

Parabol is a Turkey-based startup that has been specializing in multimodal mobility analytics and management solutions since 2011, with a focus on providing answers for the 5WH questions of urban mobility by processing data from various sources. This includes freight GPS data, Floating Car Data (FCD), camera, bluetooth, smart card, and mobile services. The company processes billions of daily big mobility data, developing mobility algorithms to gain insights and offer recommendations on why people move and how they move. Parabol has an extensive reach, providing high-quality mobility management and analytics software instruments in 11 countries and 50+ cities. The company received a Series B investment from TRAC on 22 May 2023. With its innovative approach to mobility analytics and management, Parabol presents an intriguing investment opportunity in the Information Technology, IoT, and Mobile industries.