ParkSmart provides an integrated parking management platform that combines AI‑enabled controllers, ANPR cameras, automated barrier gates, and POS terminals into a unified system for real‑time access control, vehicle recognition, and payment processing. Operators can monitor occupancy, revenue, and system health via a cloud‑based dashboard, while drivers enjoy seamless entry and exit using license‑plate recognition. The company also offers an optional premium valet service that leverages the same technology for secure vehicle hand‑off and tracking.
Funding
$300K 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.
2OSGFounders
Product
Problem
Parking facilities often suffer from fragmented entry control, manual payment processes, and limited real-time visibility, leading to traffic congestion, underutilized spaces, and poor user experience for drivers and operators alike.
Solution
ParkSmart offers an integrated parking management platform that combines AI‑enabled controllers, ANPR cameras, automated barrier gates, and POS terminals into a unified system. The controller acts as the central brain, synchronizing data from all devices to enable real‑time access control, vehicle recognition, and payment processing. Drivers can enter and exit by simply having their license plate recognized, while operators monitor occupancy, revenue, and system health through a cloud‑based dashboard. The solution is built entirely in‑house, allowing continuous hardware and software updates to adapt to evolving parking needs. ParkSmart also provides a premium valet service that extends the same technology to manage vehicle hand‑off securely and efficiently.
Target Audience
Primary customers are commercial parking operators, property managers of malls, office complexes, and residential societies, as well as businesses seeking to outsource valet services.
Features
- AI‑enabled controller that aggregates data from gates, cameras, and POS devices for coordinated operation
- High‑accuracy ANPR cameras for automatic vehicle identification and entry/exit logging
- Fast‑responding barrier gates integrated with the controller for seamless access control
- POS terminals supporting cashless payments and real‑time transaction reporting
- Cloud dashboard offering live occupancy tracking, revenue analytics, and remote system management
- In‑house hardware and software development ensuring end‑to‑end compatibility and rapid feature updates
- Optional premium valet module with secure vehicle hand‑off and tracking capabilities