HAH Parking is the developer of a parking management software platform, known as “XPresspark,” which facilitates individuals, businesses, and smart cities to manage their parking infrastructure.
XPresspark platform comprises of three main components: 1) XPay, a contactless digital payment system where users receive a link to buy a parking pass via text message and make an online payment; 2) XControl, a management dashboard that displays real-time analytics, availability of parking zones and rates, and promo codes to maximize revenue; and 3) XForce, an AI-powered enforcement system that can identify and capture drivers who do not pay and send a ticket to them.
Apart from the SaaS platform, HAH parking offers a variety of services for parking operators. These include 1) parking zone analysis, providing a full assessment of earnings estimates and service recommendations; 2) automated pricing by adjusting pricing in real time using AI to maximize parking revenue; 3) automated payouts, facilitating the cashing out of earnings at any time or scheduling direct deposits; and 4) 24/7 on-demand enforcement, providing flexible patrol coverage by local and national enforcement service providers.
Funding and Financials
In April 2023, the company raised USD 742,000 from a debt funding round.
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