Parking.com

Name

Parking.com

Legal name

Metropolis Technologies, Inc.

Website

https://parking.com

Company type

Private

Founded year

2005

Operating status

Operating

Headcount range

101–250 employees

Ownership category

akta.pro rank

Product category

Digital Parking Services

NAICS

Parking Lots and Garages (81293)

SIC

Services-Automotive Repair, Services & Parking (7500)

akta.pro primary industry

Parking & Toll Payment/Reservation Platforms (BPAMAIAL)

akta.pro secondary industries

Digital Payments & Enforcement for Parking (Mobile Pay, LPR/ANPR, Citation Mgmt) (TLAJAIAE), Smart Parking Technology Platforms (Occupancy Sensors, Guidance, Reservations, Analytics) (TLAJAIAC), Parking Access & Revenue Control Systems (PARCS) (Gates, Pay Stations, Ticketing) (TLAJAIAD), Parking Facility Operations (Garages, Lots, On-/Off-Street) (BPABAKAA)

Keywords

• Parking reservation platform
• Mobile parking app
• Monthly parking subscription
• Contactless parking access
• Event parking booking

Headquarters

HQ city

Philadelphia

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2C

Offering type

Software

Cost components

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

Revenue model

1. Daily Parking Transactions: One-time payments for hourly or daily parking at various garage and lot locations. Users pay online reservation fees plus service charges or drive-up rates at the facility.
2. Monthly Parking Subscriptions: Recurring monthly subscription model for commuters and regular parkers. Month-to-month basis with 30-day cancellation notice. Supports automatic billing via credit card or electronic check.
3. Service Fees: Transaction-level service fees charged in connection with each parking session, calculated based on a formula specific to the services. Rate varies by location.
4. Event Parking: Special event parking passes sold for venues hosting concerts, sports events, and other gatherings at premium rates
5. Parking Validations: QR codes and validation mechanisms offered to third parties (businesses, venues) to prepay or validate parking for their customers

Pricing tiers

Go-to-market motion1 record

Distribution channels4 records

Marketing channels5 records

Core offering

Parking.com operates a digital parking platform that lets consumers find, compare, reserve, and pay for hourly, daily, monthly, and event parking at garages and lots across major US and Canadian cities via its website and native iOS/Android apps. The service is enabled by Automated License Plate Recognition (ALPR) and an AI-driven platform that supports contactless, drive-in/drive-out access, and it is backed by the operations of its sister brand SP+. Revenue is generated through per-transaction service fees on bookings and recurring monthly subscription fees on commuter accounts.

Product overview

Parking.com is a digital parking platform operated by Metropolis Technologies (parent company) that operates as a unified platform offering multiple connected services. The core product is the Parking.com Mobile App (available on iOS and Android) which provides daily parking reservations, monthly parking subscriptions, and event parking bookings across major US cities. The platform integrates Seamless Access technology using ALPR (Automated License Plate Recognition) for contactless entry/exit. Key products include: the Parking.com mobile application for finding and reserving parking; daily, monthly, and event-specific parking services; the Seamless Access feature for automated vehicle recognition; the Web Button tool enabling businesses to embed parking information; and the acquired SP+ brand providing underlying parking operations and facilities.

Differentiator

Problem solved

Functional benefit

Brands

• SP+: Parking services subsidiary brand under Metropolis Technologies

Products and services

• Parking.com Mobile App Native iOS and Android mobile application that lets individual users find, reserve, and pay for parking, manage monthly accounts, view parking sessions, save favorite locations and vehicles, and use contactless seamless access via license plate recognition.
• Daily Parking On-demand hourly and daily parking reservations at garages and lots across supported US and Canadian cities, purchased through the website or mobile app with usage-based rates and per-transaction service fees.
• Monthly Parking Recurring subscription-based monthly parking accounts that provide regular commuters with reserved access to a specific parking facility, automatic monthly billing via credit card or electronic check, multi-vehicle support, and 30-day cancellation notice.
• Event Parking Pre-booked parking reservations for special events at partnered venues such as the United Center, sold at event-specific premium rates via dedicated event pages and pre-event promotions.
• Parking.com Web Button / Banner Widget Free embeddable web button/banner widget that businesses and venues can add to their own websites to show an interactive map of nearby Parking.com garages and direct visitors to available parking.

Segments4 records

Ideal customer profiles4 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration3 records

AI capability4 records

Feature4 records

Partnerships

Two partnerships are on record, tiered core.

• SP+ (SP Plus Corporation)coreStrategic or Co-development PartnerSP+ is a Metropolis subsidiary operating parking facilities. Parking.com serves as the consumer-facing digital platform for SP+ locations, combining technology platform with operational expertise.
• OostocoreStrategic or Co-development PartnerOosto was acquired by Metropolis as part of its vertical integration strategy, contributing to the AI-driven platform capabilities and expansion into new markets beyond traditional parking.

Scale indicators3 records

Recent moves6 records

Expansion highlights6 records

Broad incumbents

• LAZ Parking: LAZ Parking is one of the largest parking management operators in North America, operating thousands of facilities across the US. Comparable as a major parking operator with overlapping B2B relationships and facility operations, though primarily operator-side rather than consumer-platform.
• T2 Systems: T2 Systems provides parking management software and hardware (PARCS, validators, enforcement) to operators and universities. Comparable as a broader parking technology incumbent serving operator-side needs rather than direct consumer marketplace.
• EasyPark Group: EasyPark is a European parking technology company operating mobile parking apps across multiple countries following the ParkMobile acquisition. Broader geographic footprint and incumbent scale make it a comparable industry incumbent rather than direct North American competitor.

Direct peers

• ParkWhiz: ParkWhiz is an online parking reservation platform allowing drivers to find and book parking spaces ahead of time. Direct competitor in the pre-booked parking marketplace space, with similar event and daily parking offerings.
• Passport Parking: Passport provides mobile parking, transit, and enforcement solutions for cities and operators across North America. Comparable in mobile parking payments, digital enforcement, and municipal/operator integration.
• SpotHero: SpotHero is a leading North American digital parking reservation marketplace connecting drivers with available parking in cities across the US and Canada. Directly comparable to Parking.com in product offering, target customers, and transaction-based business model.
• ParkMobile: ParkMobile (acquired by Arrive/EasyPark) provides on-demand mobile parking payments and reservations across North America. Comparable in mobile app-driven parking transactions, license-plate-based payments, and urban consumer use cases.
• PayByPhone: PayByPhone is a mobile parking payment provider used across municipalities in North America and Europe. Comparable in mobile payment-driven parking transactions, multi-city presence, and integration with municipal parking infrastructure.

Regional players

• Impark: Impark is a major parking management company operating primarily in Canada and select US markets. Comparable as a North American parking operator with similar facility management services, with strong Canadian footprint aligned with Parking.com's geographic reach.

Emerging players

• Park+ (India): Park+ is an emerging smart parking platform focused on the Indian market, offering parking discovery, reservations, and EV charging integration. Comparable as an emerging digital parking platform with similar consumer use cases but operating in a distinct geographic market.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat6 records

Key risks6 records

Key highlights6 records

Customer concentration

• Xx.com/com_parking
• Facebookfacebook.com/parkingcom
• LinkedInlinkedin.com/company/central-parking-estacionamento

Compliance3 records

Revenue estimate

Valuation estimate

Number of profiles

Subsidiaries1 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 Parking.com