January 7, 2014
It can be very hard to find a parking spot sometimes, and that nearly always seems to happen at a crucial time (Murphy ’s Law?). ParkWhiz is an app that enables users to reserve a parking spot, pay for it before hand and even compare prices, location and garage amenities via smartphone.
ParkWhiz was Co-Founded by Aashish Dalal (CEO) and Jon Thornton (CTO) in June 2006. The company has received a total funding of $2 Mn through investors Hyde Park Venture Partners, Amicus Capital, Alexis Ohanian, Hyde Park Angels, Henry J. Feinberg, Garry Tan, Amreesh Modi and Adam Erlebacher. ParkWhiz was essentially formed out the founder’s frustration over being unable to find a decent parking spot at a ball game.
This video gives you an overview of ParkWhiz:
How does it work?
ParkWhiz recently revealed some striking statistics about the parking habits of Americans:
How ParkWhiz says it Improves things:
On December 12th 2013, ParhWhiz announced a strategic partnership with Datapark, a leading manufacturer of automated parking systems. This combination brings end to end eParking solutions to the commercial marketplace and enables managers, operators and parking asset owners to optimize yield.
ParkWhiz immediately generates new revenue streams for parking providers while increasing repeat business from a greatly enhanced user experience, said Datapark’s Stefan Tea. Datapark and the HUB Parking Technology Group pride ourselves in delivering innovative solutions that provide added consumer value while generating incremental profits for parking providers and our alliance with ParkWhiz does just that.