Parkade offers a parking management software solution designed specifically for multi-family buildings and offices, enabling residents to manage reservations, payments, and vehicle information through a mobile app. The platform reduces unauthorized parking and streamlines operations, resulting in an average 30% increase in parking revenue while freeing up staff time.
Funding
$17M raised to dateRaised to date based on public sources. This may differ from the amount the company actually raised and is based only on what is publicly available on the internet.
Founders
Product
Problem
Multi-family buildings and offices often struggle with inefficient parking management, leading to unauthorized parking, underutilized spaces, and increased administrative burden for staff. Traditional methods like spreadsheets and manual enforcement are time-consuming and prone to errors, resulting in lost revenue and resident dissatisfaction.
Solution
Parkade offers a comprehensive parking management software solution designed to streamline operations and maximize parking revenue for multi-family buildings and offices. The platform provides residents with a mobile app to easily manage reservations, payments, and vehicle information. By automating enforcement, integrating with existing gate systems, and offering dynamic pricing, Parkade reduces unauthorized parking and optimizes space utilization. The system also integrates with Property Management Systems (PMS) to sync tenant directories and automate rule application, freeing up staff time and improving overall parking efficiency.
Target Audience
Parkade primarily targets property managers and owners of multi-family buildings and office complexes seeking to optimize their parking operations, reduce administrative overhead, and increase parking revenue.
Features
- Mobile app for residents to manage parking reservations, payments, and vehicle information
- Integration with existing gate systems for automated access control based on active reservations
- Mobile enforcement tools for staff or volunteers to identify and report unauthorized vehicles
- PMS integration to sync tenant directories and automate parking rule application
- Dynamic pricing capabilities to optimize revenue based on demand and availability
- Rule Sets for short-term and long-term parking, allowing for customized pricing and limits per unit type
- 24/7 customer support to resolve issues and coordinate towing services
- Reporting and analytics dashboard to track parking utilization, revenue, and enforcement activity