ParkingPal
HIGH-TECH ULTRASONIC SENSORS AND REAL-TIME AVAILABILITY
What is ParkingPal
Mission
Vision
We aim to revolutionize parking through innovative ultrasonic sensors and smart technology, making parking more efficient, financially friendly, accessible, and environmentally positive for all drivers.
By efficiently using data to analyze traffic patterns, we will enhance decision-making, reduce congestion, and drive sustainable urban growth. We envision a future where parking is effortless, maximizing profits for both ParkingPal and municipalities.
ABOUT US
ParkingPal began as an extracurricular project at a Startup Weekend at LMU, where a team of nine passionate individuals worked together to bring the idea to life. Today, I’m the sole founder, driven by my vision to make parking smarter and more efficient. As an international student from Portugal, I’m dedicated to transforming parking from a daily inconvenience into a seamless experience. My mission is to use technology to improve urban life, reduce traffic, and contribute positively to society. With a deep passion for innovation, I aim to create a lasting impact through ParkingPal.
PROTOTYPES
Our App
Our app makes finding parking easy and efficient. Using the location feature, you can view available parking spots near you, including details such as distance, pricing, and the type of spot. You can filter results by preferences like price or spot type. Simply enter your location and set a mile radius to find the best options. Additionally, the app shows estimated wait times for spots to become available, ensuring you can plan ahead. It’s designed to help you save time and park with ease.
Our Smart Meter Attachment
Our product is a smart meter attachment featuring advanced ultrasonic sensors that provide instantaneous updates on parking spot availability. Compatible with existing parking meters, each unit costs $80, including installation. These sensors transmit real-time parking data to our app, operating 24/7. They collect valuable data that traditional meters don’t, helping to optimize parking space usage. This not only fills spots more efficiently, increasing ticketing revenue, but also boosts local business traffic and improves overall driver efficiency. With our solution, cities can enhance parking management while benefiting the community.
Why should you invest in ParkingPal?
DRIVERS
SOCIETY
GOVERNMENT
INVESTORS
Saves time by showing real-time availability of parking spots.
Provides accurate information on pricing, distance, and spot type.
Increases convenience with advanced filters and wait time predictions.
Reduces unnecessary driving, lowering traffic and CO2 emissions.
Boosts local business by attracting more customers with easier parking access.
Promotes smarter, more sustainable cities.
Increases parking revenue through better spot utilization.
Reduces traffic congestion by providing real-time parking data.
Improves urban mobility and sustainability.
Access to a rapidly growing smart parking market.
Scalable business model with multiple revenue streams.
Long-term potential to revolutionize urban parking globally.
DRIVING THE FUTURE
OF PARKING
ParkingPal revolutionizes parking with ultrasonic sensors and an app showing real-time availability. Our app benefits drivers, society, the government and investors. We offer three revenue streams and clear financial projections. Backed by a passionate team of LMU students, we’re driving the future of parking.
$6.4
GLOBAL MARKET SIZE
PARKING MARKET PROJECTED TO REACH $16.5B BY 2030
13%
CAGR
10
MILLION
BILLION
CO2 REDUCTION IN DRIVING AND EMISSIONS