Parkpnp secure €500k investment to roll-out employee parking system: Office parking automation software to roll-out across US & Europe
Parkpnp secure €500k investment to roll-out employee parking system
Office parking automation software to roll-out across US & Europe
Award winning digital parking company Parkpnp has announced a new investment of €500k to launch their ParkOffice product which smartly maximises the use of limited company parking. ParkOffice automates employee parking, allowing parking professionals to reduce their workload and spend in relation to office parking management. The funding will see Parkpnp roll out their new SaaS product across Europe & the US.
Having identified the need for a product which allowed companies to increase the amount of parking available to staff, ParkOffice’s core feature allows staff to release assigned parking spaces when they are out of the office at meetings, on holidays etc. While a host of other features allow for the full automation of all aspects of staff parking.
ParkOffice is powered by a cutting edge algorithm and AI which allows companies to park more staff in the same amount of parking spaces, reducing the cost and administrative burden of company parking in the process. ParkOffice has already recruited a chunky list of clients with Colliers International, Europcar & Benelux property giants Befimmo & MVGM amongst the early movers saving them money, improving employee wellbeing and promoting efficiency. Clients have already reported saving upwards of €50k a year per location using the service.
Speaking about ParkOffice, Parkpnp Co-Founder & CEO Garret Flower remarked “We’ve become something of a magnet for companies looking toward technology to improve parking issues. We noticed while many companies thought they needed extra space, in fact they just needed a solution to help them ensure their existing spaces are in use all of the time. We’ve been developing ParkOffice for over a year now and are really looking forward to the impact this product will have across the world”.
Parkpnp was founded in 2016 by Irish entrepreneurs Daniel Paul & Garret Flower has quickly established itself as a major player in the European parking market. The company’s marketplace is regularly parking 40,000+ drivers across Ireland, Belgium & the Netherlands allowing all types of parking space owners to rent out and advertise their underutilised space.
The latest tranche of investment includes contributions from sustainability focused fund BVP Investments and former Europcar supremo Colm Menton. The investment brings Parkpnp’s total amount raised to date to €1.4m.
Irish Times Innovation Awards Judging Day 2018 Picture Conor McCabe
Parkpnp CEO Garret Flower pictured launching the new office parking management software ParkOffice.
About Parkpnp
Parkpnp is on a mission to organise the world’s parking. Founded in 2016 by entrepreneurs Garret Flower and Daniel Paul, Parkpnp products include the Parkpnp.com marketplace which is trusted by over 40,000+ motorists across Europe and ParkOffice, the office parking management system.