What we do: Smarking helps parking managers optimize staffing and reduce operational costs. Smarking provides parking facilities with a customized, cloud-based software that leverages already-existing data to provide valuable analytics to parking managers.
Why it's a big deal: With over 300 million people and over 600 million parking spots in the US, people are somehow still unable to find available parking easily. Parking facilities lose money due to unused spaces and suffer from the lack of a demand control tool during busy times. Smarking uses data analytics to help parking managers get the most out of their facilities. That means bigger profits for the facilities and better parking for drivers everywhere.
Raised $3 million in seed funding
Pricing based on number of spaces
Business consulting available from top data scientists
Y Combinator-backed Smarking found a technology gap in parking industry, and the three founders decided to fill it with a smart parking solution.
January 31, 2015
Meet the Founders
Wen has performed automotive research at the British Council, Tongji University, and MIT, where he earned a PhD in Mechanical Engineering.
Maokai has previously worked as a data scientist for Facebook and a quant at Morgan Stanley. He has a PhD in Operations Research from MIT.
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