Smart Parking Systems Analysis: $162K Raised
What is Smart Parking Systems?
Smart parking solutions for smart cities
Employees
1001-5000
Founded
2002
Parent Company
City Green Light
Latest Funding Round Size
Acquired
Parent Company Website
Product Features & Capabilities
- Smart parking sensors for real-time occupancy detection
- Centralized management software for efficient parking operations
- Mobile app for user-friendly parking payments
- Solutions for electric vehicle charging station management
- Systems for managing loading and unloading areas.
Use Cases
Optimize on-street parking management for municipalities; Increase revenue from parking operations by up to 60%; Reduce traffic congestion through efficient space utilization; Streamline enforcement processes for parking violations; Enhance user experience with mobile payment options.
How much Smart Parking Systems raised
M&A - Acquired
RecentOther Considerations
Certified as 'Industry 4.0 ready' for tax incentives; Notable international project in Pafos, Cyprus; Focus on ecological and functional parking management.