News & Views

 

Welcome to Kush Parikh
AUTHOR: S. Somasegar

This week, Kush Parikh came on board as an EIR (Entrepreneur-In-Residence) at Madrona. We are excited to have him on board.

You might know him as the former CEO of PayByPhone, the app that saves a lot of time for Seattle drivers and those in and many more cities in the US and Europe.

Kush moved to the Seattle area 11 years ago after being an “intrapreneur” at Texas Instruments working as a principal in their venture group and building several wireless semiconductor businesses including WLAN, Bluetooth and GPS before they became mainstays in our daily lives. Kush came to Seattle to join INRIX, a global leader in road traffic information. He grew to be the CBO (Chief Business Officer) at INRIX and stayed there till 2013. In 2014, Kush became the CEO of PayByPhone, the largest mobile payments company focused on the parking market in the world. The company grew quickly to over 13M users across North America and Europe, processing over $325M in payments and was acquired by Volkswagen Financial Services in 2016.

Kush brings domain experience in both enterprise and consumer services to Madrona. He continues to be an active advisor/investor in start-ups, including being on the Board of Directors of SightLife Surgical, the world leader in corneal care services with a mission to eradicate the planet of corneal blindness.

Outside of work, Kush enjoys golfing, travel and combining those hobbies with his family of four including two girls. Kush has a BSEE from Penn State, an MBA from Duke, and recently attended a CEO/CMO invitation only new economy marketing program jointly led by Columbia Business School and Google.