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To make building housing and offices more affordable, by enabling less parking to be built.
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Inefficiencies in the way parking is handled, especially in the US, have led to an overabundance of parking lots taking up land that could be better used by communities. Parkade aims to revolutionize parking at offices and apartment buildings with its parking spot reservation and management app.
With the Parkade app for tenant buildings, users can reserve, change, pay for, share and report problems with their parking spots. Its automated parking spot leasing covers any duration of lease, and expands parking capacity by making it simple to share unused spaces. The company's offering for offices enables businesses to switch their parking facilities to a lease model, giving them better control over how parking space is utilized in their lots.
With the ultimate aim to enable future structures to be built with less parking, Parkade has set its sight on real impact for city planning and optimized spaces. Funds raised by the company are cited to help broaden and accelerate product development, as well as fuel a period of aggresive expansion.
Kirsty
Company Specialist at Welcome to the Jungle
Jun 2022
$6.7m
EARLY VC
This company has top investors
Evan Goldin
(CEO)President at Landing Locals. Board Member of the Housing Industry Foundation.
Ben Plowman
(CTO)Previously Engineering Manager at Getaround. Worked as a Mobile Engineer at Ning.