ParqEx operates in the smart parking technology sector, providing innovative solutions for property managers, developers, and multifamily residences. The company offers a platform that allows for self-managed parking real estate, enabling users to control the number, availability, and pricing of parking spaces. ParqEx's solutions include GuestParq, which simplifies guest parking management, and the Enforcer app, which enhances security by tracking vehicles in real-time. The business model revolves around subscription fees and transaction-based revenue, targeting clients such as property managers, developers, and multifamily property owners. By leveraging existing assets, ParqEx helps clients generate additional revenue, reduce expenses, and increase property value. The company operates primarily in urban markets where parking is a premium commodity.

Keywords: smart parking, property management, real estate, guest parking, security, revenue generation, urban markets, digital access, parking enforcement, multifamily residences.