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Connecting the parking industry through network-based data distribution1-10 Employees
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Connecting the parking industry through network-based data distribution
Zoomthru is a network-based platform that transforms raw parking data into a digital asset.

Zoomthru allows the parking industry to participate in what Bob Metcalf describes as a network effect. In general, the value of an individual garage operator's data is small. However, when you add more operators to the network, Metcalf states that the value of the database created grows by the square of the number of endpoints within the network. This creates the opportunity for all members of the network to make a projected $1.12 of additional revenue per parking spot each quarter.

The ZoomThru network includes parking facility operators, mobile parking applications, websites, advertisers, cities, developers, and valet services. ZoomThru has built the ZoomConnector, a set of API's designed to pull the raw data collected from public and private parking operations and distribute it to all members of the ZoomThru network.
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Richard Malone
Avatar for Richard Malone
Investor @Ascender Ventures
Valuation

$0

Funded over

1 round

Latest round

Seed (Jul 2016)

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