ParkMobile

Overview
News

ParkMobile provides innovative parking management solutions that enable users to find and pay for parking through mobile devices. The company's technology allows customers to pay for street and garage parking without using meters or kiosks, and offers parking reservations for various events and locations. ParkMobile's cloud-native infrastructure, which was about 90% complete as of December 2021, utilizes Amazon Web Services (AWS) technologies such as Amazon Elastic Cache, Amazon Aurora, and Amazon Managed Streaming for Kafka. This transformation has reduced operational costs and improved efficiency. The company's software integrates internet of Things (IoT) devices to provide real-time data and analytics on parking occupancy. ParkMobile's solutions include features like real-time occupancy guidance, contactless payment, navigation assistance, and easy access via smartphone or web. The company also offers dynamic pricing models based on demand and collaborates with private garage operators and municipalities on IoT innovations, such as placing sensors on license plates and integrating cameras on e-gates to automate services. In June 2021, ParkMobile was acquired by Stockholm-based EasyPark, expanding its presence in the US market.

Key customers and partnerships

ParkMobile's services cater to a diverse range of clients, including municipalities, universities, retail establishments, restaurants, and corporate facilities. The company has been expanding its geographical reach and focusing on selling its parking services to new markets. ParkMobile collaborates with private garage operators and municipalities to implement IoT innovations and improve parking management. The software integrates with various payment platforms, including ParkMobile's own system and Flowbird, to offer users multiple payment options.


Sources

Disclaimer: This company profile has been generated using data obtained through automated web searches and advanced generative AI technology. While we strive to ensure the accuracy and reliability of our sources, auto-generated information could be outdated or inaccurate and should be verified independently.
HQ location:
Atlanta, GA
Founded year:
2008
Employees:
101-250
IPO status:
Private
Total funding:
USD 6.3 mn
Last Funding:
-
Last valuation:
-
Funding data are powered by Crunchbase
arrow
menuarrow
Click here to learn more
Get a demo

By using this site, you agree to allow SPEEDA Edge and our partners to use cookies for analytics and personalization. Visit our privacy policy for more information about our data collection practices.