ParkPoint
ParkPoint is a Bahrain-headquartered parking solutions provider operating 50+ locations across Saudi Arabia and Bahrain since 2008, delivering managed parking services, valet operations, and proprietary technology platforms to airports, malls, hospitals, hotels, and real estate developers.
- Company typePrivate
- Founded2008
- HeadquartersManama, Bahrain
- Headcount251–500
- GTM typeB2B
- OfferingServices
What ParkPoint does
ParkPoint is a privately held parking solutions company founded in 2008, headquartered in Manama, Kingdom of Bahrain, with a regional headquarters in Riyadh, Kingdom of Saudi Arabia. The company operates 50+ active parking locations and employs 200+ staff delivering full-service parking management, valet operations, shuttles, car wash, and pre-development consultancy to airports, shopping malls, hospitals, luxury hotels, residential developments, real estate developers, offices, and F&B venues. Marquee clients include Bahrain International Airport, Seef Mall, Bahrain City Centre, Laysen Valley, Roshn Front, BDF Hospital, Four Seasons, Kempinski, Le Meridien, Westin, and NBK.
The company's underlying technology comprises three layers: (1) the ParkPass digital platform, which includes the YooPass membership system and provides mobile applications, digital membership management, QuickPay cashless functionality, and an operator dashboard for access control and configuration; (2) the Rokket automation and integration stack, delivered through a sister company, covering custom hardware/software development and third-party ERP and legacy system integration; and (3) on-site parking hardware including barriers, sensors, parking guidance systems, and vehicle counting systems sourced through technology partners Meypar, Indect, and Siram. The combined offering positions ParkPoint as a one-stop-shop spanning consultancy, equipment, software, and ongoing operations.
ParkPoint's business model combines multiple revenue streams: managed services contracts for on-street and off-street parking, professional services for valet operations (paid or sponsored by property owners), recurring subscription revenue from YooPass digital memberships, hardware sales and installation of parking equipment, and pre-development consultancy fees for property developers. Pricing is quote-based and tailored to each engagement, structured as multi-year enterprise contracts, with no publicly disclosed pricing tiers. The go-to-market is B2B enterprise sales targeting property owners, developers, and operators, complemented by a direct-to-consumer digital channel through the ParkPass/YooPass platform for end-user drivers. The company is privately held, founder/owner-operated without disclosed institutional investors, and operates without external funding rounds.
ParkPoint firmographics
Firmographics- Name
- ParkPoint
- Legal name
- ParkPoint
- Website
- https://park-point.com
- Company type
- Private
- Founded year
- 2008
- Operating status
- Operating
- Headcount range
- 251–500 employees
- Short description
- ParkPoint is a Bahrain-headquartered parking solutions provider operating 50+ locations across Saudi Arabia and Bahrain since 2008, delivering managed parking services, valet operations, and proprietary technology platforms to airports, malls, hospitals, hotels, and real estate developers.
- Ownership category
- akta.pro rank
ParkPoint industry classification
Industry- Product category
- Parking Management Services
- NAICS
- Parking Lots and Garages (812930), Parking Lots and Garages (81293)
- SIC
- Services-Automotive Repair, Services & Parking (7500)
- akta.pro primary industry
- Parking Management & Enforcement (Citations, Permits, Compliance) (BPABAKAB)
- akta.pro secondary industries
- Parking Facility Operations (Garages, Lots, On-/Off-Street) (BPABAKAA), Off-Street Parking Facilities Operations (Garages, Lots, Park-and-Ride) (TLAJAIAB), Smart Parking Technology Platforms (Occupancy Sensors, Guidance, Reservations, Analytics) (TLAJAIAC), Parking Access & Revenue Control Systems (PARCS) (Gates, Pay Stations, Ticketing) (TLAJAIAD), On-Street Parking Operations & Curbside Management (Meters, Permits, Loading Zones) (TLAJAIAA)
Keywords
Where ParkPoint is headquartered
LocationHeadquarters
- HQ city
- Manama
- HQ country
- Bahrain
- HQ region
- Middle East
Offices2 records
Markets served
ParkPoint business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Operations, Technology or R&D, Marketing or Sales, Supply Chain, Infrastructure
Revenue model
- Parking Management Services: Full-scale parking management for on-street and off-street facilities including operations, enforcement, and system installation. Revenue generated from managing paid parking on behalf of property owners/operators.
- Valet Parking Services: Valet parking services offered as paid (user pays service fee at malls, hospitals) or sponsored (free to users at luxury hotels/restaurants). Also available for events.
- ParkPass/YooPass Subscriptions: Digital parking memberships providing cashless payments, advanced booking, and exclusive perks. Members include individuals, employees, residents, and long-term users.
- Parking Technology Products: Sale and installation of parking equipment (barriers, sensors, management systems) and technology solutions through Rokket.
- Pre-development Consultancy: Parking operations consultancy during pre-development stage, assisting developers in designing facilities and selecting technologies.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Other | Multi-year contract | Customized enterprise solutions |
Go-to-market motion2 records
Distribution channels4 records
Marketing channels5 records
ParkPoint product offering
Product offeringCore offering
ParkPoint provides end-to-end parking solutions for properties in Saudi Arabia and Bahrain, including full-scale parking management for on-street and off-street facilities, valet parking services for hospitality and retail venues, and proprietary technology platforms (ParkPass, Rokket) covering access control, payments, guidance, and counting systems. The company also offers pre-development consultancy for property developers and training programs through ParkPoint Academy.
Product overview
ParkPoint operates as a parking solutions ecosystem offering a portfolio of technology products and services for properties in Saudi Arabia and Bahrain. The core offering includes ParkPass, a comprehensive digital parking platform that encompasses YooPass memberships for members, operators, and parking owners. ParkPoint's technology products include Parking Management Systems (access control and payments), Parking Guidance Systems (signals and sensors), and Counting Systems (vehicle tracking). Through its sister company Rokket, ParkPoint provides automation, digitization, integration, and customization solutions. The ecosystem is complemented by ParkPoint Academy for staff training and valet parking services.
Differentiator
Problem solved
Functional benefit
Products and services
- ParkPass
Quantifiable outcome
- 50+ parking locations managed across Saudi Arabia and Bahrain
- +2 more outcomes
Companies that use ParkPoint
Customer profileNamed customers20 records
Segments9 records
Ideal customer profiles4 records
ParkPoint technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature5 records
ParkPoint partnerships and signals
Strategic signalPartnerships
One partnership is on record.
- RokketcoreRokket is a sister company of ParkPoint specializing in automation, digitization, integration, and customization of parking services. Provides end-to-end hardware and software solutions, custom development, and third-party system integration. Works collaboratively with ParkPoint to deliver comprehensive parking solutions.
Scale indicators5 records
Recent moves6 records
Expansion highlights5 records
ParkPoint competitors and assessment
Company assessmentDirect peers
- Q-Park: Q-Park is a European parking operator managing off-street parking facilities, providing digital parking services and consultancy to property owners, hotels, hospitals, and developers — a near-identical service mix to ParkPoint's managed-parking + valet + consultancy ecosystem.
- LAZ Parking: LAZ Parking is a large US-headquartered parking management company operating garages and lots at hotels, hospitals, airports, and mixed-use properties with proprietary technology platforms — comparable business model, vertical mix, and tech-enabled positioning to ParkPoint.
- National Car Parks (NCP): NCP operates and manages car parks across the UK and Ireland with branded digital parking products (NCP App), valet and corporate parking services — directly comparable to ParkPoint's mix of managed facilities, digital memberships (ParkPass), and enterprise B2B sales.
Emerging players
- Metropolis Technologies: Metropolis is an emerging technology-first parking platform combining computer-vision-based access control with facility management and consumer-facing apps — closest comparability to ParkPoint's Rokket-managed hardware + ParkPass digital stack, though with a stronger software-only emphasis.
Others
- SKIDATA: SKIDATA is a global provider of parking access and revenue control systems (PARCS), barrier gates, payment terminals, and digital parking management software — directly comparable to the Rokket and ParkPoint access-control/payment hardware-software product line.
Regional players
- Salik (Dubai Roads & Transport Authority / toll operator): Salik operates Dubai's electronic toll and adjacent parking-payment systems via RFID and digital accounts — a regional Gulf counterpart for technology-driven, cashless parking/curbside payment infrastructure comparable to ParkPass.
- Mawaqif (Abu Dhabi Department of Municipalities & Transport): Mawaqif is the public-sector paid-parking operator for Abu Dhabi managing on-street and off-street facilities with technology platforms — a regional Gulf comparable that competes in the same paid-parking and digital-payment space ParkPoint targets across the GCC.
Broad incumbents
- ABM Industries (Parking & Transportation): ABM Industries operates a major parking and transportation services segment in North America, providing shuttle, valet, and parking management at airports, commercial real estate, and healthcare facilities — a broader-incumbent analogue to ParkPoint's enterprise segment mix.
- INDIGO Group: INDIGO (formerly Indigo Infra / Indigo Park) is the world's largest pure-play parking operator, running both on-street and off-street paid parking, digital payment platforms, and consulting services globally. ParkPoint competes for the same enterprise and municipal managed-parking contracts, particularly as INDIGO expands into MENA.
- SP+ Corporation: SP+ (now operating under SP+) is one of the largest diversified parking and transportation management operators globally, providing parking facility management, valet, and shuttle services at airports, hotels, hospitals, malls, and commercial real estate — directly comparable to ParkPoint's vertical mix across Saudi Arabia and Bahrain.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat5 records
Key risks6 records
Key highlights7 records
Customer concentration
ParkPoint social profiles
Digital presenceParkPoint financial estimates
Financial estimateRevenue estimate
Valuation estimate
ParkPoint leadership team
Management profileNumber of profiles
Profiles2 records
ParkPoint subsidiaries and ownership
Company hierarchySubsidiaries1 record
ParkPoint funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
ParkPoint M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about ParkPoint
What does ParkPoint do?
ParkPoint provides end-to-end parking solutions for properties in Saudi Arabia and Bahrain, including full-scale parking management for on-street and off-street facilities, valet parking services for hospitality and retail venues, and proprietary technology platforms (ParkPass, Rokket) covering access control, payments, guidance, and counting systems. The company also offers pre-development consultancy for property developers and training programs through ParkPoint Academy.
Is ParkPoint a public or private company?
ParkPoint is a private company. It is classified as founder individual operated bootstrapped and is currently operating.
When was ParkPoint founded?
ParkPoint was founded in 2008. It employs 251 to 500 people.
Where is ParkPoint based?
ParkPoint is headquartered in Manama, Bahrain, in the Middle East region.
How does ParkPoint make money?
Five revenue lines are on record. Parking Management Services are the primary driver. The others are valet Parking Services, parkPass/YooPass Subscriptions, parking Technology Products and pre-development Consultancy.
Who are ParkPoint's main competitors?
Direct peers on record are Q-Park, LAZ Parking and National Car Parks (NCP). Metropolis Technologies is listed as an emerging player. SKIDATA is listed as an others. Regional players are Salik (Dubai Roads & Transport Authority / toll operator) and Mawaqif (Abu Dhabi Department of Municipalities & Transport). Broad incumbents are ABM Industries (Parking & Transportation), INDIGO Group and SP+ Corporation.
Does ParkPoint have an API?
No public API is recorded for ParkPoint.
What industry is ParkPoint in?
ParkPoint's product category is Parking Management Services. Its primary akta.pro industry code is BPABAKAB, Parking Management & Enforcement (Citations, Permits, Compliance), with a secondary code of BPABAKAA, Parking Facility Operations (Garages, Lots, On-/Off-Street). Its NAICS code is 812930 and its SIC code is 7500.