Parksol

What Parksol does

Parksol Technologies, UAB is a Lithuanian manufacturer of intelligent parking guidance systems, operating as the newest entity within the Arevita group (founded 1994) and headquartered in Lithuania. The company develops and produces an integrated hardware-plus-software platform combining multiple sensor modalities — ultrasonic, wireless magnetic, Time-of-Flight (TOF), and AI-powered video analytics — with proprietary LED signage (ICON and VMS displays up to 3 meters) and a centralized monitoring software suite. Its flagship AI-enabled product line, IndiPark, provides indoor camera-based guidance with license plate recognition (LPR), Find Your Car terminals, and violation detection. Sub-brands include LedSol (parking-lot LED lighting) and the BLE Indicator product for individual space indication.

The company targets enterprise parking operators across eight primary verticals: shopping malls and retail, hospitals and medical centers, transportation hubs (airports, ports), entertainment and hospitality, corporate and commercial real estate, car wash operators, public-sector facilities, and education. Notable deployments include Vilnius Airport (735 spaces), Santaros Clinics (2,180 monitored spaces), Port of Tallinn, Silicon Central Dubai, IKEA Gentofte, and the world's largest online retailer's Bayreuth distribution facility (400+ delivery van spaces).

Parksol operates a hybrid go-to-market combining direct enterprise sales with an established channel partner network spanning Hungary (SBT Protect), Germany (ALPHA Standards), Finland (Finnpark), USA (Parksol USA), Pakistan (Avanceon), and globally through HUB Parking Technology (FAAC Group). The company has reached an installed base of approximately 100,000 parking spaces across 36+ countries, with 90% of production exported. Revenue is generated through hardware sales of proprietary sensors and displays, bundled software licensing with free updates, professional services (installation, integration, training), and extended warranty/maintenance contracts up to five years. Pricing is quote-based and not publicly disclosed; the company is privately held within the Arevita group with no external venture funding, having received only modest EU Regional Development Fund grants for export development.

Name

Parksol

Legal name

Parksol Technologies, UAB

Website

https://parksol.lt

Company type

Private

Founded year

2006

Operating status

Operating

Headcount range

11–50 employees

Short description

Parksol is a Lithuanian manufacturer of intelligent parking guidance systems combining ultrasonic, magnetic, TOF, and AI-camera sensors with LED displays and management software, serving enterprise parking operators across airports, hospitals, malls, and transit hubs in 36+ countries.

Ownership category

akta.pro rank

Product category

Smart Parking Guidance Systems

NAICS

Navigational, Measuring, Electromedical, and Control Instruments Manufacturing (33451), Automatic Environmental Control Manufacturing for Residential, Commercial, and Appliance Use (334512)

SIC

Industrial Instruments For Measurement, Display, And Control (3823), Auto Controls For Regulating Residential & Comml Environments (3822)

akta.pro primary industry

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

akta.pro secondary industries

Parking Guidance, Wayfinding & Occupancy Management (Sensors, Signage) (BPABAKAH), Parking Access & Revenue Control Systems (PARCS) (Gates, Pay Stations, Ticketing) (TLAJAIAD), Parking Management & Enforcement (Citations, Permits, Compliance) (BPABAKAB)

Keywords

• Parking guidance systems
• Vehicle detection sensors
• LED parking displays
• Smart parking solutions
• Parking management software

Headquarters

HQ city

Kaunas

HQ country

Lithuania

HQ region

Europe

Offices1 record

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

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

Revenue model

1. Hardware Sales (Sensors, LED Displays, Controllers): Parksol manufactures and sells proprietary hardware including ultrasonic sensors, TOF sensors, magnetic sensors, LED displays (ICON and VMS), controllers, and mounting equipment. Hardware is sold as part of integrated parking guidance system installations, typically alongside software and services.
2. Software Licensing and Monitoring: Parksol provides proprietary monitoring software and management platforms as part of system installations. The software includes real-time monitoring, reporting, scenario modules, and API integration capabilities. Free software updates are provided as part of standard offering.
3. Professional Services (Installation, Integration, Consulting, Training): Parksol provides full-service implementation including project preparation, system installation, integration with existing infrastructure (access control, CCTV, payment systems), and operator training. 24 years of installation experience across Europe.
4. Maintenance and Extended Warranty: Parksol offers up to 5-year warranty (standard 3 years with extension options). Maintenance services include annual visual inspections and technical support for installed systems.

Go-to-market motion3 records

Distribution channels2 records

Marketing channels4 records

Core offering

Parksol designs, manufactures, and integrates intelligent parking guidance systems combining proprietary ultrasonic, magnetic, Time-of-Flight (TOF), and AI-powered camera-based sensors with LED displays, BLE indicators, and proprietary monitoring software. The systems are sold to enterprise operators of large parking facilities (airports, malls, hospitals, business centres, car washes) along with installation, consulting, training, and maintenance services.

Product overview

Parksol offers an integrated parking guidance platform consisting of multiple detection technologies (ultrasonic, magnetic, TOF, and camera-based sensors), LED displays (ICON and VMS), and management software. The core Parking Guidance System forms the foundation, with specialized solutions for Car Counting, Car Wash Guidance, and Individual Parking Guidance using BLE indicators. The IndiPark module adds AI-powered video analytics and LPR for indoor parking, while Extra Features include Violation Detection, Find Your Car, and Scenario Module for workflow automation. All systems connect via REST API to third-party systems. The company also offers sensors as standalone products (Ultrasonic, UFO, Magnetic, TOF) and accessories (Plug & Play Quick Connect, Mounting Channels, Battery Backup, EV Charging). LedSol is a related sub-brand for LED lighting solutions.

Differentiator

Problem solved

Functional benefit

Brands

• IndiPark: Indoor parking guidance system with video analytics and LPR (license plate recognition) using AI deep learning algorithm.
• LedSol
• BLE Indicator

Products and services

• Parking Guidance System Core integrated parking management platform that detects and displays real-time parking space availability using ultrasonic, magnetic, or camera-based detection, transmitting data to LED displays for driver navigation; sold to enterprise parking operators.
• Individual Parking Guidance Per-space parking guidance using sensors paired with individual LED indicators (including BLE indicators) that show real-time availability at each parking space; intended for high-traffic indoor and outdoor parking facilities where finding a specific space is a primary user need.
• Car Counting System Vehicle counting solution using inductive loops or TOF sensors at entry/exit points to track total occupancy and transmit real-time availability data to LED displays; used for open-lot or perimeter counting applications.
• Parking Guidance Displays (ICON and VMS) ICON and VMS LED displays showing real-time parking space counts, direction arrows, and dynamic messages including variable message signs for customisable content and wayfinding; modular construction, weatherproof IP66/IP67.
• Car Wash Guidance System Specialised guidance system for self-service and automated car wash centres that detects bay occupancy and displays availability on LED signage so drivers can find free wash bays.
• IndiPark Indoor Parking Guidance with Video Analytics and LPR AI-powered indoor parking guidance using CCTV camera streams with deep learning algorithms for vehicle detection, license plate recognition, occupancy detection, parking guidance, video surveillance, and Find Your Car; one dual-camera monitors up to six indoor parking spots.
• Ultrasonic Sensor Overhead parking sensor using ultrasonic technology to detect vehicle presence in individual parking spaces with IP66 weatherproof housing for -40/+70°C operation and remote LED indication of occupancy.
• Ultrasonic Front Occupancy (UFO) Sensor Next-generation front-facing ultrasonic sensor for wall, barrier, or pole mounting, providing high-precision vehicle detection for curbside monitoring, EV charging spots, and space-efficient installations.
• Wireless Magnetic Parking Sensor Ground-level magnetic sensor installed flush with asphalt for outdoor parking lots without roof; detects changes in Earth's magnetic field when vehicles park, with long battery life and weather-resistant design.
• TOF (Time of Flight) Sensor Advanced laser-based time-of-flight sensor that monitors one or two opposite parking spaces simultaneously, reducing hardware cost by approximately 50% while providing RGB colour-changing LED indicators and IP66 protection.
• BLE Indicator Bluetooth Low Energy individual space indicator with mesh network configuration, RGB colour spectrum, dimmable control, and only a power-supply requirement; addressed via BLE radio communication.
• Indoor Camera with AI Video Analytics Camera-based sensor for indoor parking guidance with AI-powered video analytics and license plate recognition; part of the IndiPark system, monitoring up to six parking spots with a single dual-camera.
• Outdoor Camera with AI Video Analytics Video analytics camera for outdoor parking lots with AI-based vehicle detection, parking violation monitoring, and parking space counting; can monitor more than 50 cars per camera with IP66 weatherproofing.

Quantifiable outcome

• Up to 40% higher parking turnover reported by Parksol customers
• +8 more outcomes

Named customers23 records

Segments8 records

Ideal customer profiles2 records

Technology focussed Yes

API detail

Has API

Yes

API docs

API detail

Core technology

AI maturity

App detail

AI capability8 records

Feature14 records

Partnerships

13 partnerships are on record, tiered core, major and minor.

• AvanceoncoreStrategic or Co-development Partner · 13 May 2020Strategic partnership agreement signed in 2020 for offering Smart Parking Management Solution in Pakistan. Parksol provides parking guidance technology while Avanceon contributes 30+ years of integration expertise and established relationships in the BMS sector. The combined solution integrates into Avanceon's Intelligent BMS offering. This partnership extends Parksol's market reach into the Pakistan market, marking it as a strategic expansion into South Asia.
• HUB Parking Technology (FAAC Group)coreChannel Partner/ Reseller/ DistributorHUB Parking Technology, part of the FAAC Group, is a major global channel partner for Parksol. HUB resells and integrates Parksol parking guidance systems as part of its comprehensive parking management portfolio. Parksol participated in Intertraffic Mexico 2018 at the HUB Parking Technology booth, demonstrating the strong co-marketing relationship.
• SBT Protect KftcoreChannel Partner/ Reseller/ DistributorSBT Protect Kft is the primary channel partner and system integrator for Parksol in Hungary. The company is described as the number one system house partner of Siemens in Hungary. SBT Protect resells, integrates, and supports Parksol parking guidance systems for end customers in Hungary and Central Europe. The partnership is featured on the Hungarian version of Parksol's website.
• ALPHA StandardsmajorImplementation/ SI/ Consulting PartnerALPHA Standards is a German system integrator and technology partner for Parksol. They collaborated with Parksol to install an indoor video analytics system with BLE indicators at a major e-commerce retailer's warehouse in Germany (Bayreuth, 2021). ALPHA Standards handles on-site integration and deployment.
• FinnparkmajorChannel Partner/ Reseller/ DistributorFinnpark is a Finnish parking management company with over 20 years of experience developing parking systems. Parksol partnered with Finnpark for the first Finnish installation in 2014. Finnpark manages parking operations in Finnish cities including Lappeenranta.
• Parksol USAmajorChannel Partner/ Reseller/ DistributorParksol USA is the designated channel partner for Parksol products in the United States market. Parksol and Parksol USA co-exhibited at NPA 2018 Convention & Expo in Las Vegas, presenting LPR solutions for license plate recognition, camera-based outdoor parking guidance, and other products.
• FAAC Simply automaticminorChannel Partner/ Reseller/ DistributorFAAC Simply automatic (FAAC Group) is listed as a client/partner on Parksol's Hungarian sector page. The FAAC Group owns HUB Parking Technology and represents a broader ecosystem partnership for Parksol technology distribution.
• QudraTechminorChannel Partner/ Reseller/ DistributorListed as a client/partner on Parksol's Hungarian sector page. QudraTech operates in Middle Eastern markets and distributes Parksol solutions.
• INTECHNICSminorChannel Partner/ Reseller/ DistributorListed as a client/partner on Parksol's Hungarian sector page. INTECHNICS is a partner operating in DACH region markets.
• AS SIGNAAL TMminorChannel Partner/ Reseller/ DistributorListed as a client/partner on Parksol's Hungarian sector page. AS SIGNAAL TM is a Baltic region partner for Parksol solutions.
• ITS TeknikminorChannel Partner/ Reseller/ DistributorListed as a client/partner on Parksol's Hungarian sector page. ITS Teknik is a partner in Scandinavian/Danish markets distributing Parksol solutions.
• HANSABminorChannel Partner/ Reseller/ DistributorListed as a client/partner on Parksol's Hungarian sector page. HANSAB is a partner distributing Parksol solutions in Baltic and wider markets.
• Cross and AmanominorChannel Partner/ Reseller/ DistributorCross and Amano are listed as world-famous parking solutions manufacturers who have trusted Parksol as a partner over more than 12 years. These represent long-standing distribution partnerships for Parksol technology.

Scale indicators14 records

Recent moves7 records

Expansion highlights5 records

Broad incumbents

• SKIDATA: Global leader in access and revenue control systems for parking, ski resorts, and venues. Overlapping with Parksol's PARCS-adjacent capabilities and competing on larger enterprise and venue tenders.
• T2 Systems: North American parking management software and hardware provider serving universities, municipalities, and commercial operators. Adjacent competitor for enterprise tenders and broader parking operations software.
• Scheidt & Bachmann: German family-owned manufacturer of parking management systems, rail signaling, and fare collection. Competes with Parksol on integrated parking solutions across Europe.

Direct peers

• HUB Parking Technology: Part of the FAAC Group, HUB is a global parking management systems provider offering sensors, guidance, payment, and access control. Direct overlap with Parksol's parking-guidance and sensor portfolio, and HUB is both a channel partner and a competitor.
• INDECT USA: US-based manufacturer of ultrasonic and camera-based parking guidance systems. Direct overlap with Parksol's IndiPark and ultrasonic product lines, primarily serving North American garages and surface lots.
• Smart Parking Ltd: New Zealand-listed smart parking technology provider offering sensors, guidance, and analytics software. Closely comparable business model and product portfolio to Parksol, with a stronger APAC footprint.
• WPS Parking Solutions: Dutch parking technology provider offering guidance, payment, and enforcement. Closely comparable product portfolio and target customer base (operators of garages and lots) to Parksol.
• Amano Corporation: Japan-headquartered manufacturer of parking systems, time recording, and environmental equipment. Amano is one of Parksol's long-standing distribution partners (>12 years) and a direct competitor in parking guidance.
• Cross (IEM SA / Cross Industries): Czech manufacturer of parking and access control systems with broad European distribution. Long-standing Parksol partner (>12 years) and direct competitor in parking guidance and revenue control.

Emerging players

• ParkHelp: European provider of ultrasonic and camera-based parking guidance and occupancy solutions. Comparable product architecture to Parksol's sensor-based guidance, though with a smaller installed base.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat6 records

Key risks6 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/parksol
• Facebookfacebook.com/Parksol.LT

Compliance3 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

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 Parksol