Repark

Repark is a Vienna-based prop-tech company established in 2019 that operates a digital platform for renting and managing private and commercial parking spaces. The firm addresses the common urban issue of difficult and time-consuming parking searches by allowing property owners to generate additional income from their unused parking assets.

The company's business model centers on a peer-to-peer and B2B platform that connects parking space owners with drivers. Clients include private individuals, as well as commercial property owners and managers like Walter Immobilien, Arealis, IMV, Austria Real Estate (ARE), and GalCap Europe. Revenue is generated through the rental transactions facilitated by its application. The service operates in Vienna with plans to expand into other Austrian metropolitan areas by forging strategic partnerships with real estate owners and property management firms.

Repark offers a web-based application, accessible via app.repark.at, where users can register using their phone number. The platform allows drivers to find, book, and pay for parking spaces for short-term or long-term periods, up to six months in advance. A key feature is the ability for users to enter and exit the garage multiple times within their booking period without extra charges. The system is entirely digital, handling everything from booking to opening the garage door via the web app. For property owners, Repark provides a module that can be installed on garage doors to enable this seamless, automated access for renters.

The company is venture capital-backed, having completed a pre-seed round in 2022 with lead investor Markus Ertler, and subsequent seed and later-stage VC rounds in 2021, 2023, and 2025. These investments are aimed at fueling the platform's development and expansion.

Keywords: parking platform, prop-tech, peer-to-peer rental, urban mobility, digital parking, smart parking, property management, Vienna, real estate technology, shared economy