Parqour

End-to-end smart parking software as a service for 0 upfront cost. Lisence plate recognition with 99.9% accuracy. Hardware agnostic - any equipment can be used. 3-5X less CAPEX & OPEX, revenue up 3X.

Founded in late 2020, MRR is 500k USD as of October 2024, growing 2X annualy

1. High cost of parking automation for parking owners
2. Drivers spend 30 hours a year to find parking spot (up to 200 hours in big cities like NYC, LA, SF)
3. Parking industry is neglected, fragmented and undermanaged

End-to-end and functional software that is hardware agnostic, no more dependency on certain equipment providers, we decrease capex expenses 3-5X that the market average. License plate recognition with 99.9% accuracy rate eliminates tickets and minimizes human involvement. Mobile app allows to find and book parking space in advance. Real time data and dashboards allows to make data-driven decision pricing and occupancy management. Dynamic pricing allows to maximize revenue.

1) Subsciption fee of 200 USD per camera monthly
2) Revenue share - we invest to the clients parking, and take portion of the revenue. Our payback period is 10-12 months, average contract period is 5 years

Astana Hub (Kazakhstan), Sandbox by Oraseya Capital (UAE), The Garage Plus (Saudi Arabia), AlchemistX (USA), Silk Road Residency (USA)