
Mobypark
The parking platform that opens private parking spots to the public.
Date | Investors | Amount | Round |
---|---|---|---|
- | investor | €0.0 | round |
investor | €0.0 | round | |
N/A | €0.0 | round | |
€120k | Seed | ||
Total Funding | 000k |
USD | 2022 | 2023 |
---|---|---|
Revenues | 0000 | 0000 |
% growth | - | 79 % |
EBITDA | 0000 | 0000 |
Profit | 0000 | 0000 |
EV | 0000 | 0000 |
EV / revenue | 00.0x | 00.0x |
EV / EBITDA | 00.0x | 00.0x |
R&D budget | 0000 | 0000 |
Source: Dealroom estimates
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Mobypark operates as a peer-to-peer online marketplace focused on optimizing underutilized parking assets. Founded in 2012 by Yoann Benhacoun, Manuel Cayre, and Katrin Marx, the company launched its services in Amsterdam and Paris with the objective of making cities more livable by reducing traffic congestion caused by drivers searching for parking. The platform connects drivers seeking convenient and affordable parking with private parking owners, including individuals, hotels, real estate firms, and corporations. This model allows drivers to pre-book verified spots at rates often up to 70% lower than on-street options, while property owners can generate a new revenue stream from their vacant spaces.
The company's business model is commission-based, taking a percentage of each transaction facilitated through its platform. For property owners, Mobypark offers a fully automated system to manage their parking availability, potentially generating over €100,000 per location annually without requiring initial investment. The platform can integrate with existing parking systems or provide IoT-based technology to automate access, creating a seamless experience for both the driver and the parking owner. Mobypark serves a diverse clientele, from individual drivers seeking a single spot to large real estate portfolios, hotels, and even (semi)public organizations looking to better utilize their parking facilities.
For users, the service provides a simple process: search for a destination, find a suitable parking location, book it in advance, and pay securely online. The platform features real-time availability and a dynamic pricing model inspired by the hotel and airline industries to calculate fees. By monetizing otherwise empty parking spaces, Mobypark addresses urban mobility challenges, claiming to have saved over 7 million kg of CO2 emissions by reducing the time cars spend circling for a spot. The company is headquartered in Amsterdam and has expanded its presence across several European countries, including the Netherlands, France, Belgium, and Germany.
Keywords: parking marketplace, peer-to-peer parking, shared parking, parking revenue optimization, smart city solutions, urban mobility, parking booking platform, real estate technology, proptech, IoT parking access, sustainable mobility, parking management, on-demand parking, airport parking, city parking, automated parking systems, collaborative consumption, parking app, bookable parking, private parking rental