What is YourParkingSpace?
Headquartered in London, YourParkingSpace operates a sophisticated on-demand marketplace that facilitates the booking of parking spaces by the hour, day, or month. The platform serves as a critical nexus for both individual driveway owners and large-scale commercial property managers. Beyond its consumer-facing application, the company has evolved into a comprehensive B2B technology provider. Its suite of services includes the integration of automatic number plate recognition, cashless payment systems, and smart analytics, effectively transforming traditional parking assets into connected mobility hubs. As a subsidiary of Flowbird, the company is uniquely positioned to leverage deep industry expertise to modernize urban parking infrastructure and support the growing demand for EV charging accessibility.
How much funding has YourParkingSpace raised?
YourParkingSpace has raised a total of $6.4M across 1 funding round:
Private Equity
$6.4M
Private Equity (2020): $6.4M with participation from Pelican Capital
Key Investors in YourParkingSpace
Pelican Capital
A private equity firm specializing in providing growth capital to established businesses, focusing on long-term value creation and strategic operational support.
What's next for YourParkingSpace?
With the support of this recent capital injection, YourParkingSpace is poised to accelerate its B2B expansion and further integrate its smart parking solutions into the broader mobility ecosystem. The strategic focus will likely center on enhancing its proprietary technology stack to include more robust EV charging capabilities and advanced data analytics for property owners. By continuing to digitalize parking assets, the company aims to maintain its status as one of the UK's fastest-growing technology firms, potentially setting the stage for further market consolidation and the deployment of next-generation parking management tools that prioritize efficiency and user experience in increasingly congested urban environments.
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