ParkMobile

ParkMobile

Mobile parking payments, reservations, management

Overview

ParkMobile provides a digital platform for drivers to find, reserve, and pay for parking through a mobile application. Users enter a zone number or scan a code to start a session, receiving notifications to extend their time remotely while municipalities use a backend dashboard to manage inventory and rates. It distinguishes itself by being the first North American provider to combine on-demand street parking and advance reservations for events and garages in a single app. The company aims to reduce urban traffic congestion by making the process of finding and paying for parking more efficient for both individual drivers and city operators.

About ParkMobile

Simplify's Rating
Why ParkMobile is rated
B-
Rated B on Competitive Edge
Rated B on Growth Potential
Rated C on Differentiation

Industries

Consumer Software

Enterprise Software

Fintech

Financial Services

Company Size

51-200

Company Stage

Early VC

Total Funding

$6.3M

Headquarters

Atlanta, Georgia

Founded

2008

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Simplify's Take

What believers are saying

  • License plate recognition via Express Pay accelerates contactless parking adoption.
  • ParkMobile Go's $3.99/month subscription boosts recurring revenue from frequent parkers.
  • ParkMobile for Business at $8.99/plate/month grows corporate fleet parking demand.

What critics are saying

  • EasyPark Group's integration failures erode ParkMobile's North American market share.
  • SpotHero's 2025 Atlanta and Boston contracts undercut ParkMobile's transaction fees by 20%.
  • Tesla's mid-2026 Robotaxi launch eliminates 40% of urban paid parking demand.

What makes ParkMobile unique

  • ParkMobile pioneered North America's first on-demand and reservation parking app in 2017.
  • ParkMobile 360 provides backend platform for municipalities to manage parking analytics and digital permits.
  • ParkMobile integrates with Google Maps for seamless parking payments within navigation.

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Funding

Total Funding

$6.3M

Above

Industry Average

Funded Over

1 Rounds

Early VC funding comparison data is currently unavailable. We're working to provide this information soon!
Early VC Funding Comparison
Coming Soon

Growth & Insights and Company News

Headcount

6 month growth

0%

1 year growth

3%

2 year growth

3%
PR Newswire
Nov 18th, 2025
ParkMobile to Expand Parking Network to 8,000 New Locations Across the U.S.

ParkMobile to expand parking network to 8,000 new locations across the U.S. News provided by. ATLANTA, Nov. 18, 2025 /PRNewswire/ - ParkMobile, part of the global mobility platform Arrive, is expanding its reservations availability to approximately 8,000 new locations nationwide, making parking more predictable for drivers. The expansion is driven by Arrive's strategic partnership with Flash, a pioneer in off-street parking technology, aimed to accelerate the digital transformation of the parking industry. Leveraging real-time availability through Flash's advanced reservation technology and vast network, ParkMobile will save drivers time while helping cities to optimize parking in high-demand areas. The expansion adds new reservation-enabled, off-street parking locations in major cities, such as New York City, L.A., Detroit, Chicago, Washington, D.C. and Atlanta, giving drivers a faster, more convenient way to find, reserve and pay through ParkMobile's platform. Full implementation across the country is expected by Q1 2026. Andy Harman, head of global product line sales at Arrive said, "The expansion of ParkMobile's reservations platform strategically empowers drivers to secure parking well in advance, establishing predictable transactions and pricing. By removing the uncertainty of spot availability and cost, we deliver a highly efficient, stress-free experience. Simultaneously, we equip our city and operator partners with smarter tools to maximize occupancy and streamline operations. Together, we drive toward a more connected and optimized urban experience." The latest expansion of ParkMobile's reservations platform introduces both event and transient parking availability, extending the convenience of advance booking to a wider range of use cases. Drivers can easily book a reservation via the latest version of the ParkMobile app, on iPhone and Android devices or via the website. The platform offers parking operators and venue partners enhanced capabilities in inventory management, pricing optimization and operational performance across multiple locations. These updates deliver a scalable, future-ready solution that supports partner expansion and aligns with the growing demand for flexible, technology-driven mobility infrastructure. "Our partnership with ParkMobile is transforming the parking industry - meeting drivers in the apps and platforms they use every day and making it easier to find, pay for and access parking in a modern, seamless, digital-first way. We are thrilled to reach this milestone and help ParkMobile provide more value to their massive network of drivers," said Dan Roarty, Chief Digital Officer at Flash. This information was brought to you by Cision http://news.cision.com | https://news.cision.com/parkmobile/i/parkmobile,c3488666 | ParkMobile | SOURCE ParkMobile

Kravis
Aug 6th, 2025
Kravis Center Announces Partnership with ParkMobile

Consistent with the majority of parking in the downtown area, the Kravis Center has partnered with ParkMobile to offer a seamless, user-friendly digital parking experience.

24-7 Press Release
May 1st, 2025
Parkopedia and ParkMobile to launch US eMSP service

Parkopedia and ParkMobile to launch US eMSP service.

Parking.net
Mar 12th, 2025
Survision and ParkMobile Announce Seamless Integration to Enhance Parking Enforcement

Survision, a global leader in Vehicle Identification technology, has successfully integrated its advanced Cloud Parking Enforcement Software, PlatEnforce, with ParkMobile, a leading mobile parking payment platform.

News Cision
Mar 6th, 2025
Parkmobile Partners With The City Of Durham, Nc To Modernize Parking

ParkMobile Partners with the City of Durham, NC to Modernize Parking

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