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Park Smart Analysis

What is Park Smart?

Park Smart is a smart parking solution company that develops technology services for urban mobility. Their approach utilizes computer vision and distributed computing to enhance parking efficiency. This technology reduces traffic congestion and pollution, improving the quality of life in urban areas.
Employees
1-10
Founded
2014
Industry
Mobility Tech, Data Analytics, AI/ML
Latest Funding Round Size
Seed
Parent Company Website
Public Company Status
Private

Product Features & Capabilities

  • Computer vision algorithms for parking analysis
  • AISee Box for edge computing
  • Real-time data integration via JSON API
  • Analytics for behavior prediction
  • Firmware updates for continuous improvement.

Other Considerations

Notable partnerships with Horizon 2020 projects; Focus on privacy protection in data handling; Strong emphasis on continuous software updates and improvements.

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Financial Overview

Pre-Seed
May 16, 2021
Investors: Campus Fund, Shireen Rangaswamy, Dilesh Gathani
Seed
March 27, 2024
Investors: Sin Growth Partners (lead investor), three additional investors
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