ParkWhiz is an e-parking service that allows users to book parking spaces before reaching their destinations. ParkWhiz headquarters is located in Chicago, Illinois.
ParkWhiz was founded in 2006 by Aashish Dalal and Jon Thornton.[2][3] The company CEO is Yona Shtern. ParkWhiz works with 4,000 parking facilities in over 50 major cities and 35 states.[4] Founders Dalal and Thornton conceived the ParkWhiz concept in 2004 after becoming frustrated with the problem of locating parking during baseball games.[5] While parking spaces were available at various parking facilities, there was no organized system for determining their location or their price.[5] ParkWhiz service allows users to locate and purchase parking spaces online and on mobile devices before reaching their destinations.[3] As of March 2019 ParkWhiz employs over 100 people in the United States, Israel and the Philippines.[1]
Servicesedit
ParkWhiz allows drivers to locate and purchase daily, monthly, and event-based parking through its web and mobile applications.[6] Users of the ParkWhiz service are able to compare prices, locations, and amenities.[7] After drivers select a spot and process their payment, they are given an electronic parking pass that can be printed or presented on a smartphone or tablet.[3][8]
In 2013, as part of its first growth beyond Chicago, ParkWhiz expanded its monthly parking feature to New York City,[2][9] offering approximately 200 locations.[2][9]
The company organized parking for the Super Bowl in 2010 and parked an estimated 30% of Super Bowl traffic in 2012.[4][10]
A partnership with Ford was announced at the Detroit Auto Show in 2016, where a range of ParkWhiz services including that smart parking would be integrated into the FordPass app.[12]
In 2018, ParkWhiz acquired CodiPark, a Tel Aviv-based company, to add drive up mobile payments to its platform.[13]
Also in 2018, ParkWhiz paired with Groupon to offer ParkWhiz's services through the Groupon app.[14]
ParkWhiz is a partner app in Concur's app center, allowing Concur users and business travellers to mail e-receipts from ParkWhiz bookings.[15]
ParkWhiz is the official parking provider for StubHub. Customers who buy tickets on StubHub are offered parking through ParkWhiz.[16][17]
ParkWhiz is the official parking app of the Boston Red Sox.[19]
In late 2018, ParkWhiz began a partnership with GasBuddy on their app, connected to their "Pay With Gasbuddy" service.[20][21]
Also in 2018, ParkWhiz partnered with TomTom to provide integrated parking information for TomTom mapping services.[22]
Financial informationedit
The company was a bootstrapped venture until December 2012 when it raised $2 million in Series A funding led by Hyde Park Venture Partners.[2][3] Other investors in the round included: Alexis Ohanian of Reddit, Ira Weiss, Henry J. Feinberg, and Amicus Capital.[23] ParkWhiz reported that the funding was used to broaden the company's reach and prepare for its first iOS and Android app releases.[3][4][7] In July 2014, ParkWhiz raised $10 million in a Series B round of funding led by venture fund Jump Capital. The Series B round has allowed ParkWhiz to improve its mobile experience, expand its offerings and hire additional employees.[24] At the End of 2015, ParkWhiz raised $24 million in a Series C round of funding led by Baird Capital with participation by growth capital investor Beringea and existing investor Jump Capital.[11]
^ ab"TomTom Teams Up with ParkWhiz to Power Parking Solutions in North America". www.businesswire.com. 7 June 2018. Retrieved 17 August 2023.
^Wasserman, Todd (19 December 2012). "Reddit Founder Backs Parking Reservation System ParkWhiz". Mashable. Retrieved 6 October 2013.
^Hendershot, Steve (21 July 2014). "ParkWhiz pulls in $10 million in new funding". Crain's Chicago Business. Retrieved 20 March 2014.
External linksedit
Official website
ParkWhiz Blog
May 03, 2024
parkwhiz, this, article, multiple, issues, please, help, improve, discuss, these, issues, talk, page, learn, when, remove, these, template, messages, major, contributor, this, article, appears, have, close, connection, with, subject, require, cleanup, comply, . This article has multiple issues Please help improve it or discuss these issues on the talk page Learn how and when to remove these template messages A major contributor to this article appears to have a close connection with its subject It may require cleanup to comply with Wikipedia s content policies particularly neutral point of view Please discuss further on the talk page June 2017 Learn how and when to remove this message The topic of this article may not meet Wikipedia s notability guidelines for companies and organizations Please help to demonstrate the notability of the topic by citing reliable secondary sources that are independent of the topic and provide significant coverage of it beyond a mere trivial mention If notability cannot be shown the article is likely to be merged redirected or deleted Find sources ParkWhiz news newspapers books scholar JSTOR May 2021 Learn how and when to remove this message This article contains content that is written like an advertisement Please help improve it by removing promotional content and inappropriate external links and by adding encyclopedic content written from a neutral point of view May 2021 Learn how and when to remove this message Learn how and when to remove this message ParkWhiz is an e parking service that allows users to book parking spaces before reaching their destinations ParkWhiz headquarters is located in Chicago Illinois ParkWhizCompany typePrivateIndustryE parkingFounded2006 18 years ago 2006 FoundersAashish Dalal Jon ThorntonHeadquartersChicago IllinoisNumber of locationsChicagoNew York CityBostonIndianapolisArea servedUnited StatesKey peopleYona Shtern CEO ProductsWeb and mobile e parking applicationsNumber of employees100 1 Websitewww wbr parkwhiz wbr com Contents 1 Origins 2 Services 3 Partnerships and acquisitions 4 Financial information 5 References 22 6 External linksOrigins editParkWhiz was founded in 2006 by Aashish Dalal and Jon Thornton 2 3 The company CEO is Yona Shtern ParkWhiz works with 4 000 parking facilities in over 50 major cities and 35 states 4 Founders Dalal and Thornton conceived the ParkWhiz concept in 2004 after becoming frustrated with the problem of locating parking during baseball games 5 While parking spaces were available at various parking facilities there was no organized system for determining their location or their price 5 ParkWhiz service allows users to locate and purchase parking spaces online and on mobile devices before reaching their destinations 3 As of March 2019 ParkWhiz employs over 100 people in the United States Israel and the Philippines 1 Services editParkWhiz allows drivers to locate and purchase daily monthly and event based parking through its web and mobile applications 6 Users of the ParkWhiz service are able to compare prices locations and amenities 7 After drivers select a spot and process their payment they are given an electronic parking pass that can be printed or presented on a smartphone or tablet 3 8 In 2013 as part of its first growth beyond Chicago ParkWhiz expanded its monthly parking feature to New York City 2 9 offering approximately 200 locations 2 9 The company organized parking for the Super Bowl in 2010 and parked an estimated 30 of Super Bowl traffic in 2012 4 10 Partnerships and acquisitions editIn late 2015 ParkWhiz acquired BestParking 11 A partnership with Ford was announced at the Detroit Auto Show in 2016 where a range of ParkWhiz services including that smart parking would be integrated into the FordPass app 12 In 2018 ParkWhiz acquired CodiPark a Tel Aviv based company to add drive up mobile payments to its platform 13 Also in 2018 ParkWhiz paired with Groupon to offer ParkWhiz s services through the Groupon app 14 ParkWhiz is a partner app in Concur s app center allowing Concur users and business travellers to mail e receipts from ParkWhiz bookings 15 ParkWhiz is the official parking provider for StubHub Customers who buy tickets on StubHub are offered parking through ParkWhiz 16 17 ParkWhiz is an official partner of Barclays Center in Brooklyn NY with dasherboard ads and in game promotions running during select New York Islanders hockey games 18 ParkWhiz is the official parking app of the Boston Red Sox 19 In late 2018 ParkWhiz began a partnership with GasBuddy on their app connected to their Pay With Gasbuddy service 20 21 Also in 2018 ParkWhiz partnered with TomTom to provide integrated parking information for TomTom mapping services 22 Financial information editThe company was a bootstrapped venture until December 2012 when it raised 2 million in Series A funding led by Hyde Park Venture Partners 2 3 Other investors in the round included Alexis Ohanian of Reddit Ira Weiss Henry J Feinberg and Amicus Capital 23 ParkWhiz reported that the funding was used to broaden the company s reach and prepare for its first iOS and Android app releases 3 4 7 In July 2014 ParkWhiz raised 10 million in a Series B round of funding led by venture fund Jump Capital The Series B round has allowed ParkWhiz to improve its mobile experience expand its offerings and hire additional employees 24 At the End of 2015 ParkWhiz raised 24 million in a Series C round of funding led by Baird Capital with participation by growth capital investor Beringea and existing investor Jump Capital 11 References 22 edit a b Davis Katharine 7 January 2019 ParkWhiz Rebrands as it Grows its B2B Service ChicagoInno a b c d Wong Wailin 12 June 2013 ParkWhiz adds monthly parking in N Y to its booking menu Chicago Tribune Retrieved 6 October 2013 a b c d e Grant Rebecca 19 December 2012 Cut down on parking rage with ParkWhiz reserve spots in advance VentureBeat Retrieved 6 October 2013 a b c Chowdhry Amit 31 July 2013 How ParkWhiz Is Changing The Parking Industry Forbes Retrieved 6 October 2013 a b Petruccelli Justin 27 March 2008 Lots of Opportunities ParkWhiz puts a new spin on an old industry Entrepreneur Retrieved 6 October 2013 Wasserman Todd 12 June 2013 This App Will Let New Yorkers Find a Parking Spot Mashable Retrieved 6 October 2013 a b Roa Leena 19 December 2012 The OpenTable For Parking Spots ParkWhiz Raises 2M TechCrunch Retrieved 6 October 2013 Alseyer Jennifer 2013 Review Digital Parking Tools Inc Retrieved 6 October 2013 a b Need a parking spot ParkWhiz wants to book it Crain s New York Business 30 August 2013 Retrieved 6 October 2013 Ann Dwyer 6 February 2012 How ParkWhiz is using the Super Bowl to build its business Chicago Business Retrieved 6 October 2013 a b Elahi Amina 26 January 2016 ParkWhiz raises 24 million acquires BestParking Chicago Tribune Retrieved 26 January 2016 White Joseph 11 January 2016 Ford to launch new customer relations and service model Reuters Retrieved 26 January 2016 Dallke Jim 1 June 2018 ParkWhiz buys Tel Aviv parking startup launches new payment feature Chicago Inno bizjournals com Groupon GRPN Partners ParkWhiz to Offer Convenient Parking NASDAQ com Press release Zacks Equity Research 24 January 2018 ParkWhiz Concur App Center Press release Concur 26 January 2016 Retrieved 26 January 2016 Elahi Amina 5 January 2015 ParkWhiz StubHub team up to ease parking pains at events concerts Chicago Tribune Retrieved 26 January 2016 StubHub Partners With Chicago s ParkWhiz to Expand its Parking Offering ChicagoInno 18 December 2014 Retrieved 26 January 2016 Barclays Center Parking Press release Barclays Center Retrieved 26 January 2016 Parkwhiz Named Official Parking App Of Boston Red Sox www prnewswire com Press release GasBuddy Partners with ParkWhiz s Arrive Network Press release GasBuddy Launches Parking Tool a b TomTom Teams Up with ParkWhiz to Power Parking Solutions in North America www businesswire com 7 June 2018 Retrieved 17 August 2023 Wasserman Todd 19 December 2012 Reddit Founder Backs Parking Reservation System ParkWhiz Mashable Retrieved 6 October 2013 Hendershot Steve 21 July 2014 ParkWhiz pulls in 10 million in new funding Crain s Chicago Business Retrieved 20 March 2014 External links editOfficial website ParkWhiz Blog Retrieved from https en wikipedia org w index php title ParkWhiz amp oldid 1216309557, wikipedia, wiki, book, books, library,
