parking

AI-powered parking platform Metropolis raises $1.7B to acquire SP Plus

AI-powered parking platform Metropolis today announced that it raised $1.7 billion to acquire SP Plus, a provider of parking facility management services, in a combination of equity and debt. Eldridge

Apple Maps teams up with parking app SpotHero to give users access to 8K parking options

Apple Maps launched a new parking feature that provides users with parking options and availability near a specific destination. In partnership with the digital parking reservation platform, SpotHero,

AI-powered parking platform Metropolis bags $167M

Metropolis, a startup building payment infrastructure for parking facilities, today announced that it raised $167 million in a Series B round co-led by 3L Capital and Assembly Ventures with participat

‘Hey Google, pay for my parking’ feature is live

For Android users, this could be the end of parking tickets as we know them. At least, that’s the promise Google makes with its latest update. Google announced Thursday a slew of new features th

AirGarage, a full-stack parking operator, raises $12.5M in round led by a16z

Parking can often feel almost laughably old-fashioned, with some lots still hiring an attendant to collect fees and check for valid tickets. Even when parking lot owners try to modernize — using

Calgary’s parking authority exposed drivers’ personal data and tickets

A review of the logs by TechCrunch found contact information, details of parking tickets and parking offenses, and some partial card payment numbers and expiry dates.

Sidewalk Labs launches Pebble, a sensor that uses real-time data to manage city parking

Sidewalk Labs, Alphabet’s urban innovation organization, has announced the launch of Pebble, a vehicle sensor that’s designed to help manage parking in cities by providing real-time parking and cu

Computer vision software has the potential to reinvent the way cities move

The same frustrations have plagued urban roadways for decades. But technology is finally providing new ways to address the challenges of crowding, pollution and parking enforcement on city streets.

LA-based Metropolis raises $41 million to upgrade parking infrastructure

Metropolis is a new Los Angeles-based startup that’s looking to compete with BMW-owned ParkMobile for a slice of the automated parking lot management market. Upgrading parking with a computer vi

REEF Technology raises $700M from SoftBank and others to remake parking lots

It seems like SoftBank and the Mubadala Corp. aren’t finished taking big swings at the commercial real estate business in the U.S. Even after the collapse of WeWork, the investors are doubling d

Ford, Bosch and Bedrock announce an automated valet parking garage in Detroit

Ford, Bosch and Bedrock today announced an automated valet parking demonstration in downtown Detroit. This system is designed to allow drivers to exit a vehicle and the vehicle would park itself in th

Austin-based FlashParking raises $60 million for parking management technology

FlashParking, an Austin-based developer of parking management software and services, has raised $60 million in new financing from the private equity investment firm L Catterton. The company’s so

Investors find a spot for $65 million in Passport’s parking management tech

The big new round of funding for Passport’s ticketing and parking management tech proves that software can even disrupt something as mundane and seemingly low-tech as the parking lot. The startu

How parking app SpotHero is preparing for an era of driverless cars

On-demand parking app SpotHero wants to be ready for the day when autonomous vehicles are ubiquitous. Its strategy: target the human-driven car-sharing fleets today. The Chicago-based company, which h

Peer-to-peer parking marketplace Rover tests monthly subscriptions

In today’s installment of “the future is 100% subscription-based,” Toronto-based startup Rover is testing out subscriptions for its parking marketplace. Rover lets users list their u

Daimler and Bosch’s driverless parking gets OK to operate without human supervision

We’ve reached a new milestone in the long road to getting AI-based self-driving systems to be truly autonomous. Daimler and Bosch have now received approval from German regulators to run their a

A court ruling ‘chalking’ unconstitutional makes way for more privacy-invasive tech

If you’ve ever had a parking ticket, there’s a good chance you know what “chalking” is. A federal appeals court ruled this week that marking car tires is unconstitutional, deem

SoftBank invests in parking startup ParkJockey pushing valuation to $1 billion

SoftBank continues to invest in the future of transportation — this time in ParkJockey, a startup that has built a technology platform aimed at monetizing parking lots. And ParkJockey, which was fou

Thanksgiving travel nightmare projected to hit these US cities the worst

The latest data from Inrix paints a dismal picture for folks traveling Wednesday (that’s today!) ahead of the Thanksgiving holiday. Drivers in Boston, New York City and San Francisco will see th

Amazon’s Alexa Fund invests in on-demand parking service, ParkWhiz

ParkWhiz, a startup that’s something of an Open Table for available parking spots, is adding $5 million in new equity to its recently announced Series D round. The new funds come from strategic
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