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Parknav

Just Drive. Let us find parking for you.

Pitch Video
Investor Panel

Investor Panel

Fares and Todd interviewed Parknav on February 11, 2021. Play Video
Fares Ksebati
CEO of MySwimPro
Todd Folk
Founder/CEO of AppApp 10+ years in the hospitality industry. Serial Entrepreneur, Tobacconist, & Rum aficionado.
Strengths
says, "Powerful technology and founding team! I think the value proposition of saving people time and money is great! Having a strong client base to drive initial revenue is validation of the value proposition."
says, "Showcased product-market fit, smart cities is quickly growing field, founders are clearly experts in the domain"
Advice
says, "I'd like to see a more detailed breakdown of the customer acquisition strategy and funnel. How did the enterprise clients come to be and what unit economics will contribute to the growth of the business by building out a sales funnel. Best of luck!"
says, "I really like how they were able to give a good glimpse into what the product can become - I would love to see a more detailed breakdown about each of the next target markets (trucking, cities, etc.) and get a better sense of what the roadmap to these new markets is."

What Investors Say

ceo Roulac Global
LEAD INVESTOR
Invested $50,000 this round + $520,000 previously
I am investing $50,000 in Parknav this round for eight reasons: 1) BIG IDEA - Finding parking is one of a number of major, big revenue applications of the Parknav Ai-enabled intellectual property that makes cities and places smarter. 2) PROPRIETARY PATENTED Ai TECHNOLOGY - this is the foundation for pragmatic, highly innovative award-winning applications of research and technology innovations, and Parknav CEO Eyal Amir is one of the world's preeminent Ai authorities. 3) MASSIVE MARKET: The $1 trillion Smart City Market that Parknav serves is growing at accelerating rates and shall exceed $3 trillion by 2026. 4) POWERFUL BUSINESS MODEL: COMPELLING VALUE PROPOSITION:  Parknav make streets/neighborhoods/cities/public and private places come alive for you, by providing personalized/customized/real time information/guidance/data to enable smart place experiences/commerce/mobility for individuals/enterprises/governments.  More smart place users in any one place increase the value in that place, and more places make all places more valuable. 5) PROMINENT BACKERS AND CUSTOMERS: Including Microsoft Ventures Accelerator, SAP, Volkswagen, PlugAndPlay, and Startupbootcamp Berlin as partners, and BMW, Siemens, Deutsche Telekom: (parent) of T-Mobile as customers. 6) STRONG GROWTH MOMENTUM: Metro coverage increase from 40 in 2016 to 1000+ new in 2022. First mover advantage. Strong moat. Every two years Parknav has been – and is projected to continue - delivering algorithmic growth – 10X: moving decimal point one place to the right - in metro coverage and sales funnel, the two most important metrics. 7) BRILLIANT CEO AND STELLAR MANAGEMENT TEAM: CEO Eyal Amir is a brilliant data scientist/entrepreneur. Israel sharpshooting champion at 20; Stanford PhD dissertation recognized as best in computer science. 8) $1MM PROFIT IN 2019: ON PATH TO $5B VALUATION: $1MM profit in 2019 and cash flow positive – highly unusual for early stage tech company. On path to $5B valuation target this decade.

What Friends Say


In the news

Article: Tango Petroleum, T-Systems and Dura Vermeer Announce Launch of "Tango parking finder" in Hoofddorp (Using Parknav® Technology)
November 1, 2020
Tango launches pilot program in the Dutch Municipality of Haarlemmermeer to offer real-time information on available parking in its "Tango parking finder" app. The service is developed with Spotten, a joint venture of T-Systems and Dura Vermeer. Tango Petroleum is Q8 Petroleum's brand in the Netherlands.
Press Release: Parknav® Selected as Gartner "Cool Vendor" 2020
October 23, 2020
Parknav® was selected as a “Cool Vendor” for 2020 in Gartner’s annual “Cool Vendors in Location Services and Applications” research publication.
Press Release: Q8 Petroleum Press Release About Launch of "Q8 parking finder" in Antwerp, Belgium (DUTCH)
October 3, 2020
Press release describing Q8 Petroleum's goal of transforming from a fueling station company to a mobility provider. Using Parknav® technology, Q8 launched the "Q8 parking finder" as one of its first steps in achieving this goal.
Article: Tango Petroleum is Testing New Parking App in Hoofddorp (DUTCH)
September 21, 2020
Article in TankPro Magazine about "Tango parking finder" (using Parknav® technology). TankPro Magazine focuses on the petrol station industry and is based in the Netherlands. Tango Petroleum is Q8 Petroleum's brand in the Netherlands.
Press Release: Tango Petroleum Press Release About Launch of "Tango parking finder" (Using Parknav® Technology)
September 17, 2020
Press release describing Tango Petroleum's goal of transforming from a fueling station company to a mobility provider. Using Parknav® technology, Tango launched the "Tango parking finder" as one of its first steps in achieving this goal. Tango Petroleum is Q8 Petroleum's brand in the Netherlands.
Video: Promotional Video Released by Tango Petroleum for "Tango parking finder" App
September 17, 2020
Video from Tango introducing the "Tango parking finder" application. Tango Petroleum is Q8 Petroleum's brand in the Netherlands.
Article: Q8 Petroleum Now Helps You to Park (FRENCH)
March 11, 2020
Article in La Dernière Heure (DH) about the launch of Q8 Petroleum's "Q8 parking finder" in Antwerp, Belgium (using Parknav® technology).
Article: New App Guides You to Free Parking Spaces in the Streets of Antwerp (DUTCH)
March 10, 2020
Article in Het Het Nieuwsblad about the launch of Q8 Petroleum's "Q8 parking finder" in Antwerp, Belgium (using Parknav® technology).
Article: No More Searching For Parking With Launch of Q8 Petroleum App Guiding You to Parking in Antwerp (DUTCH)
March 10, 2020
Article in Het Laatste Nieuws (HLN.be) about the launch of Q8 Petroleum's "Q8 parking finder" in Antwerp, Belgium (using Parknav® technology).
Article: Parking Made Easy With These Three New Apps
September 2, 2019
Article in Israel21c about how Parknav® harnesses technology to help users accomplish the often-elusive task of finding a place to park.
Article: UK's IM Accelerator Selects Latest Cohort of Future Transport Developers
July 10, 2019
Article in Traffic Technology Today, featuring Parknav®, about innovative start-ups and small and medium enterprises (SMEs) that are using artificial intelligence (AI) to create intelligent infrastructure, solving street parking problems, and predicting occupancy and performance of public transport, are amongst a new cohort of businesses joining the UK's intelligent mobility (IM) Accelerator.
Press Release: UK Transport Technology Superstars Join IM Accelerator - Connected Places Catapult
July 3, 2019
Press release from Catapult Connect Places, featuring Parknav®, about innovative start-ups and small and medium enterprises (SMEs) that are using artificial intelligence (AI) to create intelligent infrastructure, solving street parking problems, and predicting occupancy and performance of public transport, are amongst a new cohort of businesses joining the UK's intelligent mobility (IM) Accelerator.
Article: Parknav® Selected as 1 of 13 of the Best Auto-Tech Startups at Israel's Ecomotion
June 13, 2019
Article in Israel21c about how Parknav® was selected as 1 of the 13 best auto-tech startups from out of more than 130 startups at the seventh annual Ecomotion conference in in Tel Aviv, Israel.
Press Release: Parknav® Wins FIA Smart Cities Global Start-up Contest in Rome at Formula E
April 15, 2019
In Rome, during the FIA Smart Cities Forum, Parknav®, a start-up which uses artificial intelligence to find on-street parking in real-time, was announced as the winner of the third season of the FIA Smart Cities Global Start-Up Contest.
Article: From Homeless Health Care to On-Street Parking: 9 More Startups From Bridge SF
May 24, 2018
Article in Government Technology Magazine featuring Parknav® describing how the first day of the Bridge SF conference in San Francisco was all about startups. They covered community engagement, cybersecurity, transportation, artificial intelligence, human-centric design and more. Government Technology already rounded up many of the Startup in Residence (STiR) companies who demonstrated their work through that program, but many more startups made an appearance.
Interview: An Innovative Parking Solution That Predicts Where You Can Park S13 Ep46 (Featuring Parknav®)
January 16, 2018
Interview of Parknav® VP of Product and Marketing on Killer Innovations by former CTO of Hewlett-Packard (HP) Phil McKinney. In this recorded interview, Phil McKinney asks Jeremy what the secret is to Parknav's incredible success.
Video: Parknav® on CBS 2 New York - Score The Perfect Parking Spot
December 9, 2017
Parknav® was featured on CBS 2 New York's "Score The Perfect Parking Spot" segment on December 7th, 2017. Sometimes, you need to "employ the help of some new technology" when looking for on-street parking. Parknav® was there to help!
Press Release: Startupbootcamp Smart Transportation and Energy Press Release Announcing Its 12 Startups
March 22, 2017
Press Release from Startupbootcamp, featuring Parknav®, announcing the 12 teams that will join its Berlin-based Startupbootcamp Smart Transportation and Energy program. Startups working on technological trends such as machine learning, big data, and artificial intelligence are represented in the 2017 batch.
Article: Looking For Parking? These Apps May Help You Find a Spot (Featuring Parknav®)
December 4, 2016
Parknav® featured in Venture Beat article highlighting innovative parking solutions that will help you find a parking space quicker.
Video: Parknav® Tested and Reviewed on The List TV Show
October 20, 2016
Jimmy Rhoades of the TV magazine show "The List" tested and reviewed Parknav® technology in Phoenix, Arizona. As quoted, "I have no idea how it works, but Parknav® definitely delivered on its promise."
Article: Looking For a Place to Park? Grab Your Phone and Try These Apps | Digital Trends
October 9, 2016
Article in Digital Trends, featuring Parknav®, describing how Parknav® technology solves the biggest challenge of finding an open on-street parking space at a parking meter in any urban area.
Article: Parknav® Won the SXSW Accelerator Pitch Competition | Chicagoland Chamber of Commerce
March 22, 2016
Article describing how Parknav®, a client of the Illinois Small Business Development Center at the Chicagoland Chamber of Commerce, won the SXSW Accelerator pitch competition in the Enterprise and Smart Data category. The startup was selected from over 470 companies to present at
Article: Parknav® Wins Because It Deserves To
March 15, 2016
CarSifu, a guide on all thing automotive, featured Parknav®, describing how our practical solution deserved to be the winner of the South by Southwest (SXSW) Accelerator Competition.
Press Release: Parknav® Wins 1st Place at SXSW Accelerator in Austin
March 13, 2016
Parknav® was selected as the 1st place winner of the SXSW Accelerator in the Enterprise and Smart Data category in Austin, Texas - March 14, 2016.
Article: Koreatown, Hell's Kitchen and The Rest of NYC's Parking Dead Zones (Parknav® and Trulia® Study)
January 21, 2016
This article by NY Daily News describes how Trulia® teamed up with Parknav® to do on study on hard to park areas in New York City. The streets of New York are like a war zone for cars, with an army of ticket-wielding parking officers and fleet of tow trucks ready to take down any vehicle that dares step out of line. There are few safe havens for cars to park comfortably (and inexpensively) without fear of retribution from the NYC Parking Authority.
Article: Portland's 10 Worst Neighborhoods to Find a Parking Spot - Portland Business Journal (Parknav® and Trulia® Study)
January 20, 2016
This article by The Business Journal (Portland) describes how Trulia® teamed up with Parknav® to identify the worst neighborhoods to find a parking spot in Portland. If it seems like it's getting harder and harder to find on-street parking in Portland, that's because it likely is. As the city continues adding people and new residential units rise, some with limited parking options, it can be a frustrating exercise in patience to circle the blocks in search of a place to park.
Press Release: INRIX® and Parknav® Announce Agreement For Innovative On-Street Parking Solution
January 19, 2016
Press Release about how Parknav®, the global leader in real-time on-street parking availability data, will supply INRIX, Inc., a leading provider of traffic information and driver services, with its real-time street parking availability information in Germany.
Article: These Are The Best Neighborhoods to Live in If You Own a Car (Parknav® and Trulia® Study)
January 14, 2016
This article by The Street describes how Trulia® teamed up with Parknav® to do a study about the best neighborhoods to live in if you own a car. In highly populated areas like Manhattan, it can be a nightmare to try to find parking. You can pay a boatload for a parking lot or spend hours searching for street parking. If you're scouting out your next move and happen to own a car, this may be a significant consideration in your relocation.
Article: Noe Valley is One of the Best Neighborhoods For Parking in SF (Parknav® and Trulia® Study)
January 14, 2016
This article by Curbed San Francisco describes how Trulia® teamed up with Parknav® to do a study which found Noe Valley is one of the best neighborhoods for parking in San Francisco. Every year, San Francisco gets more crowded and city planners seem to discourage car ownership more and more. But there are still some spots in the city where parking isn't such a hassle, and real estate website Trulia partnered with street parking company Parknav to find the best neighborhoods to live in if you own a car.
Article: Watch Microsoft Ventures Digital Works Accelerator Demo Day Presentations Right Here (Featuring Parknav®)
July 10, 2015
Announcement in TechCrunch about its hosting of the live video stream for Microsoft Ventures Digital Works Accelerator demo day. The steam featured the second class from Microsoft Ventures' Seattle Accelerator where 14 startups, including Parknav®
Article: These Are The 14 Startups in the Next Class For Microsoft's 'Digital Work' Accelerator
March 17, 2015
Article in Geek Wire describing how Microsoft just announced the next crop of startups that have been inducted into its Seattle-based "digital work" accelerator, including Parknav®. 14 companies will be working out of Microsoft's South Lake Union building from March through July on their products and services designed to help people get more done at work.
Article: Marketing Intervention (Featuring Parknav®)
February 7, 2015
Article in Crain's Chicago Business describing how Parknav® is trying to grow by proving itself to individual consumers-even though the long-term plan is to make money by selling its services to businesses. The b-to-b pitch to companies such as real estate firms: Cut the time agents spend driving in circles looking for a spot, and you immediately increase productivity.
Article: 12 Apps and Alerts Every Chicago Parent Should Have (Featuring Parknav®)
November 6, 2014
Article in Red Tricycle describing how Parknav® can increase the time children can have a playdate by decreasing the amount of time parents spend circling the streets looking for parking.
Article: Using an App to Find a Parking Space (Featuring Parknav) (GERMAN)
November 3, 2014
Article in Frankfurter Allgemeine (FAZ) about Parknav® technology was the best solution that Frankfurter Allgemeine tested in Munich.
Article: Parknav® GPS App Finds Open Parking Spaces For City Drivers
May 8, 2014
Article in International Business Times, featuring Parknav® describing how for drivers in places like L.A., Chicago, San Francisco and New York, finding a parking spot can be a huge headache. But what if there were an app that told you where to find an open parking spot, and gave you turn-by-turn directions to that space? That's what Parknav® aims to do.
Vide: Tastytrade Network Interviews Parknav® (formerly "FasPark") CEO, Professor Dr. Eyal Amir About Bootstrapping.
March 4, 2014
In this video, Tom and Tony of Tastytrade talk with Eyal Amir of Parknav® (formerly Faspark). Eyal Amir is Co-Founder, CEO of Parknav®, a company innovating dynamic-local information about parking, and a Professor of Computer Science at the University of Illinois at Urbana-Champaign (UIUC).
Article: Parknav® Releases App to Relieve Parking Stress
February 11, 2014
Article by NBC 5 Chicago describing how Parknav® is making parking in the city (Chicago) easier and that Parknav® presented an easy to use and free app during the Connected World Conference at the Chicago Auto Show.
Article: Parknav® Relies on Big Data When Looking For a Parking Space (GERMAN)
February 4, 2014
Article in Deutsche Startups describing how You is Now, an Incubator of of the Scout24 Family, invested in Parknav®, a solution based on big data meant to solve the problem of searching for a parking space.
Article: The App For Quick Parking (Featuring Parknav®, Then Known as "FasPark")
November 21, 2012
One of the first articles featuring Parknav® about how the technology will alleviate the misery of looking for parking in Munich.
What People Say