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Automating parking detection and enforcement with video analytics 1-10 Employees
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Automating parking detection and enforcement with video analytics
Municipalities and private party impound (PPI) / relocation towing companies miss out on revenue because of undetected parking violations, and drivers seek more efficient ways to find convenient parking. To address these problems/opportunities, Parkva has developed technology and services that automate the detection of open parking spaces while also detecting parking violations. In addition, the company is integrating this functionality into the existing parking ecosystem of applications that serve private enterprises, municipalities, and drivers.

Parkva’s core functionality includes:
• Parking space detection and usage
• Parking enforcement (time violation, customer-only parking, aka walk-off, and no-parking zone)

Parkva supports the following applications:
• Parking space availability and driver guidance
• Parking rules enforcement
• Permit parking
• Curbside rules compliance: ride-share and delivery

More than 20 years ago, Parkva cofounder Rob Benson cofounded and later sold ZapTel.com, named one of Inc. Magazine’s 5000 Fastest-Growing Private Companies and one of PC Magazine’s Top 10 Smartest Small Businesses. Parkva cofounder and CTO David Micksch was a key architect in the design and development of Zaptel’s software.

Value Propositions

PPI towers: Many drivers spend roughly 50% of their time trolling for parking violations. When deploying Lot Sentinel™ video analytics, drivers spend their time on revenue-generating towing. In addition, video analytics reduces bad tows and subsequent legal issues.

Municipalities: Parking enforcement officers (PEOs) can chalk tires and check meters all day while only ticketing a fraction of the parking violators. With LotSentinel™, virtually every violation is captured, allowing PEOs to focus on issuing tickets. Once parking scofflaws know the odds are no longer in their favor, downtown parking operates as it was meant to.

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David Micksch
Avatar for David Micksch
Rob Benson
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Cofounder of Parkva, cofounded @ZapTel • Worked at @Motorola, @CommScope, and @American Tower
Valuation

$0

Funded over

1 round

Latest round

Pre-Seed (Nov 2021)

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