FlashParking Analysis
What is FlashParking?
FlashParking specializes in innovative parking solutions and EV charging technology. Their platform integrates AI to enhance the driver experience and optimize revenue for parking operators. This approach transforms traditional parking into a seamless, automated experience that drives efficiency and profitability.
Location
2500 Bee Cave Rd, Bldg III STE 400, Austin, Texas 78746, United States
Employees
501-1000
Founded
2011
Latest Funding Round Size
Grant
Public Company Status
Private
Recent Funding Round
Pre-seed
State of Headquarters
Texas
Product Features & Capabilities
- End-to-end parking platform with AI recommendations
- Demand network connecting 450M+ driver touchpoints
- Vision™ AI-enabled camera for license plate recognition
- Automated payment processing for seamless transactions
- EV charging integration alongside parking services.
Use Cases
Increase parking revenue through AI-driven recommendations; Streamline parking access with automated entry and exit; Enhance customer loyalty with frictionless payment options; Optimize pricing strategies using data insights; Facilitate EV charging alongside parking services.
HQ Full Address
2500 Bee Cave Rd, Bldg III STE 400, Austin, Texas 78746, United States
Address
3801 S Capital of Texas Hwy Ste 250, Austin, TX 78704
Other Considerations
Trusted by major brands for parking solutions; Achieved 28% NOI lift across 20+ locations; Awarded $5.8M grant for EV charger innovation in Oakland.
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Financial Overview
Grant
May 2, 2024
Investors: California Energy Commission
Venture Round
October 16, 2023
Investors: Not specified
Private Equity Round
March 16, 2022
Investors: Vista Equity Partners
Private Equity Round
January 15, 2020
Investors: L Catterton
Venture Round
November 10, 2016
Investors: Not specified
Series A
September 19, 2012
Investors: Not specified
Seed Round
January 1, 2012
Investors: Not specified