Top Parking Startups in 2024

Smarking is a group of passionate MIT PhDs, data scientists, Silicon Valley engineers, and battle-tested business professionals, committed to enable highly efficient urban mobility by building the digital infrastructure for the massively overlooked $100B+ parking industry. Smarking is hired by organizations like Brookfield Properties, City of Miami, ABM Industry Groups, and many other enterprise industry leaders to turn their parking data into business results. Smarking's dynamic pricing engine has been creating 40%-400% revenue uplift for online parking sales at parking facilities in Chicago, NYC, Boston, and many other cities, without any manual involvement required from property managers, leveraging fully automatic algorithm-driven yield management technologies similar to the airline and hotel industries. By providing the very first business intelligence and yield management enterprise SaaS to the parking industry, Smarking has become an emerging leader in the US parking market. Smarking currently empowers 2,500+ parking facilities across North America, based in San Francisco, and backed by top investors like Khosla Ventures, Y Combinator, Slow Ventures, Govtech Fund, and many others.

SpotHero is an on-demand app for parking that allows drivers to reserve their perfect spot right from the web and their phones. We partner with garages, lots and valets to get drivers discounted parking spots all across the US. We make life easier for the daily driver.

Parkopedia allows drivers to find and to pay for parking online, on their mobile or using their car navigation system, in thousands of cities around the world. Parkopedia is used by millions of drivers every month as well as organisations such as Apple, Audi, BMW, Ford, General Motors, Jaguar Land Rover, Peugeot, Toyota, Volvo and many others.

AirGarage is repurposing the 30% of real estate in the average American city currently dedicated to parking. We are building a future where real estate is digitized and can be transitioned from one use to another seamlessly on-demand, moving every piece of urban real estate toward its highest and best use. We are starting with the $131 billion US parking real estate market because it is one of the most offline and mismanaged commercial real estate asset types. As a full-stack parking operator, we automate the operation of parking lots and parking garages. We handle everything from advertising to collecting payments from drivers and enforcing against illegal parking. We already operate 150+ parking lots and parking garages across 30 US states and we are growing quickly. We are backed by top tier investors including Andreessen Horowitz, Floodgate, Founders Fund, and angel investors who have founded or worked at companies like Uber, Opendoor, Flexport, and more.

We are an award-winning provider of Interoperable Digital Parking Platform that integrates any parking equipment and connects it to mobile and cloud for a standardized seamless experience. It enables parking operators and owners to leapfrog to a customized white-label solution with their existing equipment. We provide a single seamless platform for all stakeholders involved like operators, consumers, equipment manufacturers, and city administrations. The company aims to create future-proof parking technology and connect the parking industry internally as well as with urban mobility players.

ParkPlace is a group of young but seasoned parking veterans that is on a mission to change the entire parking industry through digitization and centralization. As a company, we’ve been through two pivots (our most recent one through COVID-19) and we’ve emerged stronger ever since. We have five full-time team members and are looking to expand to 8 by the end of the new year. For more information, check out our website: parkplaceapp.io or our Linkedin page: linkedin.com/company/parkplaceapp At ParkPlace, our mission is to build and implement technologies to solve the decentralization and fragmentation of the parking industry.