Parkmobile’s Strong Momentum Continues as the Company Expands into New Markets and Achieves 62% Increase in Transaction Volume in Q1 2018
Parkmobile’s Strong Momentum Continues as the Company Expands into New Markets and Achieves 62% Increase in Transaction Volume in Q1 2018
Smart parking and mobility leader opens hundreds of new locations, adds new product innovations and wins industry accolades
Atlanta, GA, May 7, 2018 — Parkmobile, LLC, the leading provider of smart parking and mobility solutions in the US, announced today a record setting Q1 for 2018, hitting the 9 million user milestone and growing over 60% year-over-year. This was fueled by the continued expansion of Parkmobile’s service into new markets across the country and the addition of the innovative Parking Availability feature that helps drivers quickly navigate to streets with open spots.
Below are some of the key highlights from Q1:
- Grew the Parkmobile user base to over 9 million people
- Expanded into over 700 new locations, including 500 new reservations-enabled garages
- Added several new universities to the Parkmobile network including Tulane, Towson, Stephen F. Austin and Case Western Reserve
- Provided parking for high-profile events including the Super Bowl and the College Football National Championship
- First to market with the new Parking Availability feature for Parkmobile Pro members
- Announced planned mobility joint venture between BMW and Daimler that will drive continued innovation and growth in the mobility space
This success has led to Parkmobile winning several prestigious accolades. The company recently won three American Business Awards® for Most Innovative Tech Company, Best Integrated Mobile Experience and Executive of the Year for CEO Jon Ziglar. Additionally, Ziglar was named as a finalist for Ernst & Young Entrepreneur of the Year® in the Southeast.
“As technology continually advances, more cities are looking to become ‘smart cities’ and parking operators are modernizing their businesses to improve efficiency and provide a better experience for their customers,” said Jon Ziglar, CEO of Parkmobile. “As the leader in smart mobility solutions, we are uniquely positioned to help accelerate this evolution in the industry and that is reflected in our excellent Q1 results.”
About Parkmobile
Parkmobile, LLC is the leading provider of smart parking and mobility solutions in North America, helping millions of people easily find and pay for parking on their mobile device. The company’s technology is used in over 3000 locations across the country, including 7 of the top 10 cities as well as college campuses, airports and stadiums. People can use Parkmobile solutions to quickly pay for on-street and garage parking without having to use a meter or kiosk. Additionally, Parkmobile offers parking reservations at stadium venues for concerts and sporting events. Reservations are also available in metro areas, allowing people to drive into the city without having to worry about finding parking. Parkmobile was recently named by Deloitte as a Technology Fast 500 winner, recognizing the fastest growing technology companies in North America. For more information, visit Parkmobile.io or @Parkmobile on Twitter.