Parkable in the press

Parkable tech revives unused parking spaces, generates millions in revenue

New technology is reportedly transforming fixed parking spaces in office buildings into flexible ones. The innovation by Parkable, the digital parking platform, could help Australian landlords generate millions in additional revenue, offering a promising solution to the decline in yields for commercial property, according to the company.

Despite a tight local and global investment environment, New Zealand tech company Parkable’s latest raise has been oversubscribed and closed at NZ$4 million.

“We are very grateful to our existing shareholders who know the business well and have backed us again and we are delighted to welcome some strategic new US based investors to the Parkable family”

Lessons Learned: Implementing Parking Management Software for a Hybrid Workforce

We selected a best in-class app-based solution called Parkable, whose other clients include leading employers worldwide like Meta, KPMG, and Siemens.

New Zealand parking app selects Denver for US HQ

With more than 30 New Zealand companies that have opened offices in Denver, the city is officially a Kiwi hub.

Kiwi business Parkable tackling Meta's 'real world' car parking problem for 60,000 employees.

“Companies are facing very real challenges in ensuring their office parking is as flexible as their hybrid working policies” - Toby Littin

Parkable raises $4.8m to drive global growth: Trends towards flexible working and electric vehicles provide tailwinds

The company has landed its first significant contracts for staff parking management in the US, with its software-enabling flexible, optimised parking for workplaces, where parking lots are being right-sized for the number of travelling employees.

Kiwi parking optimisation startup Parkable raises NZ$4.7 million

The new raise repeats a NZ$4.7 million Series A, led by Spark, in 2019. Parkable has now raised NZ$12.9 million since launching in 2016, and for the most part has funded its growth through revenue.

Parkable CEO Toby Littin: NZ talks up electric vehicles, then follows policies of petrol-head Australia

"The so-called greening of Government by leasing 400 electric vehicles is a tiny drop in a very large and leaky bucket," Parkable CEO Toby Littin says

$762M of untapped revenue in vacant car parks

Parking sharing platform Parkable estimates millions of lost revenue from vacant car parks

Five Kiwi tech startups to watch in 2020

The New Year holds new opportunities for these five local technology startups, each of which is poised major growth in 2020.

'Airbnb for parking' startup raises $4.6m in round lead by Spark

Parkable's journey from a tiny outfit renting driveways around Eden Park to global player continues. The Auckland start-up has raised $4.6 million in a Series A round led by Spark, and supported by Trade Me alumnus Rowan Simpson, former Vista executive Peter Beguely, former Edelman Asia-Pacific boss David Brain and early PushPay backer Jason Kilgour.

Telco Spark has invested in Parkable as part of a $4.6 million funding round for the parking app.

The app matches people with parking spaces to rent with those who need somewhere to park. The funds will be used to increase Parkable's presence in Australia and China and explore new markets.

Spark ramps up its Internet of Things (IoT) network with a leading investment in Kiwi tech company Parkable.

Auckland-based startup Parkable has raised more than $4.6 million in its first funding round led by telecommunications giant Spark. The funds will be used to increase Parkable’s international expansion and continue developing its technology and product.

Monetise-your-carpark startup Parkable pushes into China

When the Herald last caught up with Parkable in 2015, it was a three-man startup that had hit upon the idea of creating an app that let locals around Eden Park rent out their driveway during a test match. Today, it's a 35-person company with around 5500 NZ carparks on its books and a $5 million-plus Series A funding round kicking off this Friday.

Here are 5 homegrown apps to make your life easier

While we might not have flying cars or hoverboards in 2019 we do have some bright minds that have created apps to help speed up tedious tasks and make time for us to watch extra Netflix episodes - and that's where Parkable comes in.

New Zealand startup Parkable acquires Brisbane’s Park Genie.

New Zealand startup Parkable, which enables drivers to find and pay for a parking spot via an app, has acquired Brisbane outfit Park Genie.

Parking app Parkable boss wants fewer car parks

Kiwi parking app Parkable wants less parking and more green space in Auckland’s central business district because of the amount of under-used space. CEO Toby Littin said 80 per cent of car parks in Auckland were under-used.

Sharing is caring: Parkable, Auckland’s new parking app

One problem that nearly every urban-dweller experiences is parking. Parkable is a new app helping Auckland drivers find a park without relying on the scarce public parking infrastructure. Hosts can use the app to rent space to users looking for somewhere to park.

Parkable enters the space race, looks to solve a perennial urban problem

The growth of population and increased urban areas have made parking an inefficient use of space. Parkable’s ambitious app designers have solved the parking problem by combining smartphones and financial incentives.

Finding a car park in NZ’s busiest city just got a little easier

The Parkable app is helping to link Aucklanders up with available parking spaces. A solution to help commuting easier and put some money back in your pocket.

Uberfication car sharing

New Zealand is entering the sharing economy with high tech apps like Parkable that enables hosts to share carparks and parkers to find the perfect park at the perfect price.