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Smart Parking: 10 Startups To Know In 2017

  • 26 August 2017
  • Jodi Hillman

Parking in big cities can be a hassle, but these startup apps are trying to streamline the process by making it easier to find and pay for spots. Some apps require extra hardware where others work by crowdsourcing. These smart parking startups are worth taking a look at in 2017.


1. SpotHero

SpotHero runs out of Chicago and was founded in 2011. It has received $27.5 million to aid drivers in reserving their parking spots at garages. The service is available online or through their app. The spot will stay reserved and can be canceled up to a few minutes before the reservation starts. The app can be used in major cities across the United States.

 


2. ParkiFi

ParkiFi was founded in 2014 and is based in Denver. The company has received about $11 million in funding so drivers can find free parking spots. The app uses sensors located on the surface of the garage or curb to tell whether the spot is occupied or not. It takes about 2 minutes to install the sensors, which are installed for free. Companies can use this system to gain insight and manage facilities through Parkifi’s dashboard.


3. ParkWhiz

Park Whiz runs out of Chicago and was founded in 2006. It has received $36 million in funding to find parking spots for people across the U.S. The company operates in over 200 cities, which includes special events and airport parking. In 2015, BestParking in New York got bought up by ParkWhiz, so they have been expanding.4.

 


 4. Spaceek

Spaceek is a worldwide company that aims to give real-time information on open parking spaces. The company was founded in 2014 in Israel. It has received about $572,000 in funding to create an affordable parking sensor to provide up to date information. The company says it uses algorithms to match the driver with the best parking spot.


5. MeterFeeder

MeterFeeder is based in Pittsburg and was founded in 2014. The company has received $120,000 in funding to find a payment and enforcement parking solution for small to medium governments. Basically, customers will be able to pay for a meter by using a smartphone. The app uses GPS to determine the meter location are and how much needs to be paid. Once parked, the license plate and payment information can be entered on the app. Meter enforcers will have the app as well to see if the time has expired and ensures the meter matches the license plate.


6. Streetline/Kapsch TrafficCom

Streeline was founded in 2005 and has brought in about $80 million. They were recently acquired by Kapsch TrafficCom and have handled over 508 million parking events. This company uses sensors installed in parking areas, but they also use camera and video to ensure accuracy. The combination of these technologies feeds the information to a smartphone in real time so parking spots can be found much easier.


7. Fybr

Fybr is located in St. Louis and collects data that other companies use to maximize transportation issues, such as parking spaces. SFPark is one company that uses Fybr technology. SFPark is a federally funded parking management program. It increases or decreases parking prices depending on the demand at the time. Parking costs can range from $0.25 to $6 per hour. Currently, Fybr monitors 8,200 parking spots.


8. ParkMe

ParkMe is based out of Santa Monica. The app shares and collects information from 1,800 cities across the world, which include 28,000 parking spots. The app gives real-time information on parking spots that are available at that moment. Chairman Bill Ford is one of the founding partners for this program, which gives it credibility.

 


9. ParkMobile

ParkMobile is located in Atlanta and works in 400 different cities across the United States. The app allows customers to pay parking fees from the smartphone and reserve a parking space. There are different payment options such as PayPal, MasterPass, or Visa Checkout. Up to five license plate numbers and five users on a single profile. The app is in the Fontinalis Partners Investment portfolio.


10. Anagog

Anagog is located in Tel Aviv and has received $1 million in funding. The app uses a voice-guided navigation to give real-time information to parking spots. If the spot is going to expire, the app will give a payment reminder so the customer can avoid a ticket. The company uses crowdsourced information and device detection to collect data to give you the most up to date information.

About Jodi Hillman

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