PARX Wise Parking solutiosns

What PARX Wise Parking solutiosns does

PARX SPS Ltd., trading as PARX Wise Parking Solutions, is an Israeli smart-parking technology vendor headquartered in Tel Aviv and operating as a subsidiary of Atrinet. The company designs, sells, and operates the EasyPark unified parking management platform — a cloud-based SaaS suite comprising the EasyPark Personal Parking Meter (a credit-card-sized in-vehicle payment device), EasyPark Mobile (SMS, IVR, and smartphone app payments), EasyPark Enforcement (digital ticketing and violation management), EasyPark Analytics (real-time occupancy and revenue insights using smartphones as virtual sensors in lieu of physical sensors), EasyPark Private (a marketplace for underused private parking), and a Back Office System.

EasyPark is sold primarily to municipal authorities and parking operators through direct enterprise sales, multi-year Public-Private Partnership (PPP) contracts, and channel partners including SPARKS in North America and local resellers in markets such as Kosovo and South America. Monetization combines SaaS subscription, transaction fees on parking collections and enforcement penalties, hardware sales of the PPM device, and managed-services contracts — with municipal customers offered free trials as a top-of-funnel acquisition tool. The platform has been deployed in over 200 cities across 19 countries over more than two decades.

Senior leadership is led by President Arnon Efraty (former IAI senior executive with 35 years of industry experience) and CEO Meir Ben-Moshe (formerly COO of Atrinet with prior experience at Nokia Solutions and Networks). The company has a small disclosed headcount of 11-50 employees and is privately held with no public financial disclosures or institutional funding rounds on record.

Name

PARX Wise Parking solutiosns

Legal name

PARX SPS Ltd.

Website

https://parxglobal.com

Company type

Private

Founded year

2003

Operating status

Operating

Headcount range

11–50 employees

Short description

PARX SPS Ltd. is an Israeli SaaS vendor that sells the EasyPark smart-parking management platform — covering payments, enforcement, analytics, and hardware — to municipalities, universities, and parking operators worldwide through PPP contracts and channel partners.

Ownership category

akta.pro rank

Headquarters

HQ city

Rosh Pinna

HQ country

Israel

HQ region

Middle East

Offices1 record

Markets served

GTM type

B2B

Offering type

Software

Cost components

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

Revenue model

1. SaaS Platform Subscription: The EasyPark solution is provided as a Software as a Service (SaaS) platform, requiring minimal customer infrastructure. Municipalities pay for access to the integrated parking management system.
2. Parking Fee Collection / Monetization Services: PARX facilitates parking fee collection on behalf of municipalities and parking operators, with revenue derived from the management and optimization of parking fees and enforcement penalties.
3. Hardware (Personal Parking Meter): Sale of the EasyPark Personal Parking Meter device — a credit card-sized electronic in-vehicle parking meter.
4. Public-Private Partnership (PPP) Contracts: PARX enters into long-term PPP contracts with municipalities for supply of parking management equipment and services.

Pricing tiers

Go-to-market motion2 records

Distribution channels4 records

Marketing channels4 records

Core offering

PARX provides the EasyPark cloud-based SaaS platform that enables municipalities and parking operators to manage on-street and gated parking operations end-to-end. The offering combines mobile payments (SMS, IVR, smartphone app), in-vehicle Personal Parking Meter hardware, digital enforcement/ticketing tools, real-time occupancy analytics, and a private-parking marketplace, delivered primarily through long-term Public-Private Partnership (PPP) contracts.

Product overview

PARX SPS Ltd. offers the EasyPark unified smart parking management platform as its core product. The platform is a comprehensive SaaS-based solution comprising multiple integrated modules: the EasyPark Personal Parking Meter (PPM) for in-vehicle parking payments, EasyPark Mobile for smartphone/SMS/IVR-based payments, EasyPark Enforcement for digital ticketing and violation management, EasyPark Analytics for real-time data insights, EasyPark Back Office System for centralized management, and EasyPark Private for connecting private parking space owners with drivers. The platform is designed for municipalities, universities, private operators, and parking facility managers.

Differentiator

Problem solved

Functional benefit

Brands

• EasyPark: Cloud-based smart parking management platform providing parking payment, enforcement, and analytics solutions for municipalities, universities, private operators, and parking facilities. Includes modules for Personal Parking Meter (PPM), mobile payments, enforcement, and analytics.
• EasyPark Mobile
• EasyPark Enforcement
• EasyPark Analytics
• EasyPark Private
• EasyPark PPM

Products and services

• EasyPark Unified Parking Platform Fully integrated smart parking management SaaS platform covering all aspects of parking operations from both city and driver perspectives, including payment collection, enforcement, and analytics, sold to municipalities and parking operators.
• EasyPark Mobile State-of-the-art mobile parking payments solution supporting interactive voice recognition (IVR), SMS, and a smartphone app, with pre-paid and post-paid options for registered and occasional drivers; usable as a standalone payment solution or alongside PPM and pay-and-display machines.
• EasyPark Personal Parking Meter (PPM) Credit card-sized electronic in-vehicle parking meter with LCD screen and four functional buttons, pre-loadable with parking fees, sold to enterprises (e.g., Tw Telecom, Platinum Processing Services) and used as an additional municipal payment option.
• EasyPark Enforcement Parking enforcement system providing efficient monitoring, digital ticketing, and violation data management for parking enforcement officers, backed by city regulations, targeting municipalities seeking improved compliance and revenue collection.
• EasyPark Analytics Data analytics module leveraging smartphones as virtual sensors to collect real-time parking occupancy data, providing real-time parking availability, navigation to spaces, reservation capabilities, occupancy and revenue trend insights for parking operators.
• EasyPark Private Marketplace platform connecting private parking space owners with drivers seeking secure and affordable parking spots, enabling monetization of underutilized private parking assets and providing drivers with additional parking options.
• EasyPark Back Office System Sophisticated backend management system providing configuration, backend operations management, and customer technical support modules for parking operations; supports municipal authorities and parking operators running the EasyPark platform.
• Municipal Parking Payment and Enforcement Package Advanced parking payment solution coupled with a comprehensive enforcement package designed specifically for municipal authorities, featuring a mobile application for citizens to make payments, extend parking duration, and manage transactions, along with digital ticketing tools for enforcement officers.

Quantifiable outcome

• Reduced parking expenses by 50% for enterprise customer (Platinum Processing Services)
• +2 more outcomes

Named customers5 records

Segments4 records

Ideal customer profiles3 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

AI capability2 records

Feature6 records

Scale indicators4 records

Recent moves6 records

Expansion highlights5 records

Market position

Weaknesses3 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• Facebookfacebook.com/tispark
• LinkedInlinkedin.com/company/parx-wise-parking-solutions

Revenue estimate

Valuation estimate

Number of profiles

Profiles3 records

Funding overview

Funding rounds

Investors

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 PARX Wise Parking solutiosns