Get My Parking liquidates ESOP for current and former employees

Mobility and smart parking startup Get My Parking (GMP) has made a partial secondary sale for the vested ESOPs of current as well as former employees as part of the recently completed fundraise of USD 6 million led by IvyCap Ventures and existing investor IAN Fund. More than 80% of the members of the organisation who have vested employee stock ownership plans (ESOPs) were eligible for the sale. GMP allowed employees to sell up to 40% of their vested ESOPs.