Parkdepot

Parkdepot

B2B parking management platform with AI

Overview

Parkdepot provides business-to-business parking management by digitizing lots into smart mobility hubs. Its platform uses camera-based license-plate recognition and AI to automate entry/exit tracking and billing, removing barriers, tickets, and on-site staff. For unpaid lots, the Supervision feature monitors duration to prevent unauthorized use, while for paid parking, Carpay offers a ticketless, modern-payment experience and the system provides analytics on space utilization. Parkdepot differentiates itself by acting as a full-service provider that handles software, hardware installation, and ongoing operations for a range of clients, with a goal to help owners monetize underutilized parking capacity and reduce operating costs.

About Parkdepot

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

Industries

Data & Analytics

Automotive & Transportation

Enterprise Software

AI & Machine Learning

Company Size

N/A

Company Stage

Series A

Total Funding

$19.8M

Headquarters

Munich, Germany

Founded

2019

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Simplify's Take

What believers are saying

  • Rising €15M Series A in December 2022 fuels expansion across Poland, Denmark, Italy.
  • One million daily parking transactions as of late 2022 demonstrate strong market traction.
  • Analytics on space utilization enable clients to rent unused capacity and increase revenue.

What critics are saying

  • Passport expanding into Europe with barrier-free tech threatens Carpay and Supervision contracts.
  • GDPR enforcement on 24/7 license plate cameras risks over €2M fines and customer churn.
  • Trustpilot's 1.1-star rating from 232 reviews exposes hardware and billing failures.

What makes Parkdepot unique

  • AI-powered license plate recognition eliminates barriers and tickets for full automation.
  • One-stop full-service model covers software, hardware, and ongoing operational support.
  • Dual product suite offers Carpay for paid lots and Supervision for unpaid enforcement.

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Funding

Total Funding

$19.8M

Meets

Industry Average

Funded Over

2 Rounds

Series A funding typically happens when a startup has a product and some customers, and now needs funding to scale. This money is usually used to grow the team, expand marketing, and improve the product. Venture capital firms are frequently the main investors here.
Series A Funding Comparison
Meet Average

Industry standards

$15M
$8.2M
Discord
$15M
Canva
$15M
Parkdepot
$30M
Kalshi

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