Parkmobile

Parkmobile

ParkMobile Parking App | Contactless Payments - On-street & Reservation. Learn more
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DateInvestorsAmountRound

N/A

Early VC

$6.3m

Early VC
N/A

N/A

Early VC
N/A

N/A

Early VC

N/A

Acquisition
Total Funding€5.7m

Recent News about Parkmobile

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ParkMobile, accessible via parkmobile.io, is a startup revolutionizing the parking industry across North America. The company operates in over 3,000 locations, including major cities like New York, San Francisco, Washington DC, and Chicago. ParkMobile's primary service is a mobile app that simplifies the parking process for users by allowing them to find, reserve, and pay for parking spots in advance.

The company serves a diverse range of clients, including municipalities, event venues, private parking operators, college campuses, transit and airport authorities, automotive original equipment manufacturers (OEMs), fleet and corporate vehicle managers, and development partners. This wide array of clients indicates that ParkMobile's solutions are versatile and can be adapted to various parking needs.

ParkMobile operates in the urban mobility and smart city market, which focuses on using technology to improve transportation and infrastructure in cities. The company's business model is based on providing a convenient and efficient parking solution through its mobile app. Users can easily locate a parking lot, set their parking duration, select their vehicle, and make payments—all through the app. This seamless process not only saves time for users but also reduces the hassle associated with traditional parking methods.

Revenue generation for ParkMobile comes from transaction fees charged to users when they reserve and pay for parking spots through the app. Additionally, the company may have partnerships and agreements with municipalities and private parking operators, which could provide additional revenue streams.

In summary, ParkMobile is a tech-driven company that aims to make parking easier and more efficient for drivers in North America. By leveraging its mobile app, the company provides a streamlined parking experience that benefits both users and parking providers.

Keywords: parking, mobile app, North America, urban mobility, smart city, municipalities, event venues, private operators, college campuses, transit.

Tech stack

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