ZERO5

What ZERO5 does

ZERO5 is a private parking technology company that operates an AI-powered parking management platform for enterprise and government clients across the United States. Founded in 2017 and headquartered in San Mateo, California, the company combines computer vision, IoT sensors, edge computing, and cloud analytics to deliver five integrated software modules: real-time space monitoring, access control, automated payment processing, data analytics, and a driver-facing mobile experience. Three hardware products (self-service kiosks, smart access control barriers, and AI-powered monitoring cameras) are bundled alongside the software. The company is incorporated as zero5, Inc., was co-founded by Jae Paik (CEO) and Sarah Park, and operates with 1-10 employees.

The platform is sold through a direct enterprise sales motion targeting municipalities, commercial property owners, universities, airports, and hospitals. Pricing is quote-based and negotiated by facility size across four tiers (0-100, 101-500, 501-1,000, and 1,000+ parking spaces), with monthly subscription billing. Revenue is generated through SaaS subscriptions, transaction processing fees, and hardware sales, with integrations to Stripe, Square, PayPal, Adyen, and Braintree for payments and QuickBooks and Xero for accounting. The company markets the platform as future-proofed infrastructure for Level 0 to Level 5 autonomous vehicles, citing operational outcomes of 99.9% space-detection accuracy, sub-2-second latency, 80% reductions in entry/exit times, and 80%+ overhead cost reduction. Total disclosed funding to date is $2.25 million from a March 2021 round, supplemented by participation in MassChallenge in 2019.

Name

ZERO5

Legal name

zero5, Inc.

Website

https://zero5.co

Company type

Private

Founded year

2017

Operating status

Operating

Headcount range

1–10 employees

Short description

ZERO5 is an AI-powered parking management platform combining computer vision, IoT sensors, and cloud analytics to deliver real-time monitoring, access control, automated payment, and analytics for municipalities, commercial property owners, universities, airports, and hospitals in the United States.

Ownership category

akta.pro rank

Product category

Parking Management Software

NAICS

Parking Lots and Garages (812930), Parking Lots and Garages (81293)

SIC

Services-Automotive Repair, Services & Parking (7500)

akta.pro primary industry

Smart Parking Technology Platforms (Occupancy Sensors, Guidance, Reservations, Analytics) (TLAJAIAC)

akta.pro secondary industries

Digital Payments & Enforcement for Parking (Mobile Pay, LPR/ANPR, Citation Mgmt) (TLAJAIAE), Parking Access & Revenue Control Systems (PARCS) (Gates, Pay Stations, Ticketing) (TLAJAIAD), Parking Access & Revenue Control (PARCS) & Payment Systems (BPABAKAD)

Keywords

• Intelligent parking management
• AI parking platform
• License plate recognition
• Parking access control
• Smart mobility infrastructure

Headquarters

HQ city

San Francisco

HQ country

United States

HQ region

North America

Offices2 records

Markets served

GTM type

B2B

Offering type

Software

Cost components

Technology or R&D, Personnel, Operations, Marketing or Sales, Infrastructure, Supply Chain

Revenue model

1. SaaS Platform Subscription: ZERO5 operates as an all-in-one SaaS platform for parking management. The platform includes real-time monitoring, access control, automated payment processing, data analytics, and mobile experience modules. Revenue is generated through subscription-based pricing tiers based on number of parking spaces (0-100, 101-500, 501-1000, 1000+).
2. Transaction Processing: Payment processing fees from automated parking transactions. Supports dynamic pricing capabilities that adapt rates based on occupancy levels, time of day, or special events. Multiple payment processors integrated including Stripe, Square, PayPal, Adyen, Braintree.
3. Hardware Sales: Sale of hardware equipment including Self-Service Kiosks, Smart Access Control barriers, and AI-Powered Monitoring cameras for parking facility installation.

Pricing tiers

Go-to-market motion2 records

Distribution channels2 records

Marketing channels2 records

Core offering

ZERO5 provides an all-in-one AI-powered parking management platform that combines real-time space monitoring, access control, automated payment processing, data analytics, and mobile user experience into a unified SaaS solution. The platform uses computer vision, IoT sensors, and edge computing to deliver autonomous parking operations with up to 99.9% space detection accuracy. It serves municipalities, commercial property owners, universities, airports, and hospitals with infrastructure prepared for Level 0 to Level 5 autonomous vehicles.

Product overview

ZERO5 offers an all-in-one intelligent parking management platform designed for the agentic era. The platform architecture consists of five integrated core software modules: Real-Time Space Monitoring (AI-powered cameras and sensors for space availability), Access Control Systems (multi-modal authentication including LPR, RFID, mobile, and biometric), Automated Payment Processing (ticketless transactions with dynamic pricing), Data Analytics & Insights (AI-powered business intelligence), and Mobile User Experience (driver-facing app for reservations and navigation). Supporting the software are three hardware products: Self-Service Kiosk, Smart Access Control barrier system, and AI-Powered Monitoring cameras. The platform serves municipalities, commercial property owners, universities, airports, and hospitals, with infrastructure prepared for Level 0 to Level 5 autonomous vehicles.

Differentiator

Problem solved

Functional benefit

Products and services

• Real-Time Space Monitoring AI-powered camera and sensor system providing real-time parking space availability data with up to 99.9% accuracy for parking operators and facility managers.
• Access Control Systems Intelligent access management solution enabling seamless vehicle entry and exit via license plate recognition, RFID, mobile apps, and biometric authentication with sub-second response times.
• Automated Payment Processing Streamlined payment system eliminating traditional friction using license plate recognition for automatic fee calculation, supporting mobile payments, contactless terminals, automatic billing, and dynamic pricing.
• Data Analytics & Insights AI-powered analytics platform transforming parking operational data into actionable business intelligence, including occupancy, financial, operational analytics, and predictive forecasting.
• Mobile User Experience Mobile application enabling drivers to find, reserve, and pay for parking with turn-by-turn navigation, contactless payment, indoor navigation, and digital access credentials.
• Self-Service Kiosk Intelligent self-service kiosk hardware that streamlines parking entry, payment, and exit processes for facility operators.
• Smart Access Control Advanced barrier-free access system hardware controlling vehicle entry and exit with AI-powered verification.
• AI-Powered Monitoring Camera Computer vision and AI hardware camera for real-time parking monitoring and enforcement in parking facilities.
• ZERO5 Platform All-in-one intelligent parking management SaaS platform combining real-time space monitoring, access control, automated payment, data analytics, and mobile experience for parking operators.

Quantifiable outcome

• Up to 99.9% accuracy in space availability detection
• +3 more outcomes

Named customers5 records

Segments5 records

Ideal customer profiles5 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration10 records

AI capability10 records

Feature6 records

Partnerships

Seven partnerships are on record, tiered core.

• StripecoreTechnology or IntegrationPayment processor integrated into ZERO5's Automated Payment Processing system for handling credit card and digital wallet transactions with PCI-compliant secure processing.
• SquarecoreTechnology or IntegrationPayment processor integrated for handling parking transactions and payment processing within the platform.
• PayPalcoreTechnology or IntegrationPayment processor integrated for handling PayPal transactions and digital wallet payments for parking.
• AdyencoreTechnology or IntegrationPayment processor integrated for global payment processing capabilities including international currency support.
• BraintreecoreTechnology or IntegrationPayment processor integrated for credit card processing and PayPal transactions within the parking payment system.
• Apple PaycoreTechnology or IntegrationMobile payment method supported through the ZERO5 mobile app for contactless parking payments.
• Google PaycoreTechnology or IntegrationMobile payment method supported through the ZERO5 mobile app for contactless parking payments.

Scale indicators4 records

Recent moves5 records

Expansion highlights5 records

Direct peers

• ParkMobile: ParkMobile is a leading mobile parking payment app and platform serving municipalities and operators across the US. It competes directly with ZERO5's mobile experience and automated payment modules and is often part of municipal smart-parking RFPs.
• SpotHero: SpotHero operates a parking reservation and marketplace platform connecting drivers to garages and lots. It overlaps with ZERO5's reservation, mobile, and dynamic-pricing capabilities and competes for the same commercial real estate and operator relationships.
• T2 Systems: T2 Systems provides parking management software and hardware primarily to universities, municipalities, and private operators. Its PARCS, permitting, and enforcement suite competes with ZERO5's access control and analytics modules in the same enterprise segments.
• FlashParking: FlashParking offers cloud-based PARCS, access control, and mobile payment solutions for parking operators and property owners. It is a close head-to-head competitor for ZERO5's all-in-one enterprise smart-parking proposition.
• Passport: Passport (formerly Passport Labs) provides mobile payment, enforcement, and digital permitting for cities and universities. It overlaps directly with ZERO5's municipal and campus segments and is a frequent incumbent in the same RFP processes.
• PayByPhone: PayByPhone is a major mobile parking payment provider serving municipalities across North America and Europe. It is a direct competitor to ZERO5's automated payment and mobile experience modules, particularly in on-street parking.
• Streetline: Streetline provides smart parking sensors, analytics, and guidance solutions primarily for municipalities and universities. It overlaps with ZERO5's real-time space monitoring and data analytics modules.

Broad incumbents

• SKIDATA: SKIDATA is a global incumbent in parking and access management, providing gates, terminals, and software for airports, hospitals, and commercial facilities. It competes with ZERO5 on PARCS hardware and enterprise software, but at significantly larger scale and geographic footprint.
• Q-Free: Q-Free offers a broad portfolio of ITS, tolling, and parking management solutions worldwide. Its parking access control and enforcement products overlap with ZERO5's offerings, but as part of a much wider transportation infrastructure portfolio.

Emerging players

• Parquery: Parquery applies computer vision to parking occupancy and enforcement, focused on municipalities and operators in Europe. It overlaps with ZERO5's AI-powered monitoring capabilities as a more geographically focused emerging competitor.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights7 records

Customer concentration

Revenue estimate

Valuation estimate

Number of profiles

Profiles2 records

Funding overview

Funding rounds2 records

Investors1 record

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about ZERO5