Snatch
Snatch Park is a Malaysian parking management technology company providing ANPR hardware, cloud-based parking software, and managed services to property owners, mall operators, and transit authorities across Malaysia, enabling manless and cashless car park operations.
- Company typePrivate
- Founded2014
- HeadquartersPetaling Jaya, Malaysia
- Headcount11–50
- GTM typeB2B
- OfferingSoftware
Snatch firmographics
Firmographics- Name
- Snatch
- Legal name
- SNATCH PARK BIZSOLUTIONS SDN BHD
- Website
- https://snatchpark.com
- Company type
- Private
- Founded year
- 2014
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Short description
- Snatch Park is a Malaysian parking management technology company providing ANPR hardware, cloud-based parking software, and managed services to property owners, mall operators, and transit authorities across Malaysia, enabling manless and cashless car park operations.
- Ownership category
- akta.pro rank
Snatch industry classification
Industry- Product category
- Smart Parking Management Software
- NAICS
- Parking Lots and Garages (812930), Office Administrative Services (5611)
- SIC
- Services-Automotive Repair, Services & Parking (7500), Services-Facilities Support Management Services (8744)
- akta.pro primary industry
- Smart Parking Technology Platforms (Occupancy Sensors, Guidance, Reservations, Analytics) (TLAJAIAC)
- akta.pro secondary industries
- Parking Access & Revenue Control Systems (PARCS) (Gates, Pay Stations, Ticketing) (TLAJAIAD), Parking Facility Operations (Garages, Lots, On-/Off-Street) (BPABAKAA), Shared Parking & Marketplace Platforms (B2B/B2C Space Sharing, Aggregators) (TLAJAIAH)
Keywords
Where Snatch is headquartered
LocationHeadquarters
- HQ city
- Petaling Jaya
- HQ country
- Malaysia
- HQ region
- Asia
Offices1 record
Markets served
Snatch business model
Business model- GTM type
- B2B
- Offering type
- Software
- Cost components
- Technology or R&D, Personnel, Operations, Infrastructure, Marketing or Sales, Supply Chain
Revenue model
- Parking System Subscription (SaaS Lease): Snatch Park offers a subscription-based SaaS model where property owners pay a monthly fee to use the parking management system with zero upfront CAPEX. This shared-economy model converts conventional parking equipment costs to cloud-server and mobile-device-based operations, reducing capital expenditure for customers while generating recurring subscription revenue for Snatch Park.
- Parking System Outright Purchase: Property owners can purchase the full Snatch parking management system (hardware + software) with an upfront investment. Revenue is recognised as a one-time hardware/software license sale.
- Parking Management Service (Managed Operations): Snatch Park fully manages the car park on behalf of property owners, using its smart parking system to facilitate high-performance, cost-effective operations. Snatch handles all day-to-day management, customer support, and revenue collection, with operators paying a management fee or sharing revenue.
- BPO Services: Business Process Outsourcing covering Human Resources, Customer Services, Sales & Marketing, Operation Support, and Technology/IT Support for car park operators. Revenue is generated through service fees charged to operators outsourcing non-core functions.
- Parking Hardware Sales: Sale of parking management hardware including ParkBOT terminals, ParkEyes ANPR cameras, BayLock devices, and other car park equipment to property owners and operators.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Subscription | Monthly | System Subscription / Lease Model |
| One time/ perpetual license | Multi-year contract | Outright Purchase |
| Subscription | Monthly | Managed Service |
| Unit Pricing | Pay-as-you-go | Value Pass (Night Owl) |
| Unit Pricing | Pay-as-you-go | Value Pass (Daily Pass) |
| Unit Pricing | Pay-as-you-go | Value Pass (Multi-Day) |
| Other | Pay-as-you-go | Referral Reward |
Go-to-market motion4 records
Distribution channels4 records
Marketing channels11 records
Snatch product offering
Product offeringCore offering
Snatch Park develops and operates an end-to-end smart parking management ecosystem that combines proprietary ANPR/LPR hardware (ParkEyes cameras, ParkBOT cashless terminals, BayLock barriers), a cloud-based management platform (Robin with ParkBills, ParkSales, ParkButler, ParkSems modules), and a consumer-facing mobile app (Snatch-P). The company delivers these as SaaS subscription, outright purchase, or fully managed operations to property owners, building managers, mall operators, hotels, hospitals, transit authorities, and other car park operators across Malaysia. Complementary Business Process Outsourcing (BPO) services cover HR, customer service, sales & marketing, operations, and IT support for parking operators.
Product overview
Snatch Park offers a comprehensive, modular parking management ecosystem combining hardware (ParkBOT, ParkEyes, BayLock) with cloud-based software (Robin platform with ParkBills, ParkSales, ParkButler, ParkSems modules) and mobile app (Snatch-P). The system enables end-to-end car park management with ticketless/ANPR entry, cashless multi-method payments (Touch 'n Go, GrabPay, Boost, Visa/Mastercard, iPay88), automated seasonal pass management, remote manless operations, and real-time analytics. Additional services include BPO support covering HR, customer service, sales, operations, and IT.
Differentiator
Problem solved
Functional benefit
Products and services
- ParkBOT
Quantifiable outcome
- 150% growth in annual outlet expansion
- +5 more outcomes
Companies that use Snatch
Customer profileNamed customers12 records
Segments6 records
Ideal customer profiles7 records
Snatch technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Integration8 records
AI capability8 records
Feature10 records
Snatch partnerships and signals
Strategic signalPartnerships
Six partnerships are on record, tiered core, supporting and key.
- iPay88coreiPay88 is the primary payment gateway integrated into Snatch Park's system, enabling online payment processing and the My Wallet e-wallet feature. Users can purchase Snatch Park Services and top-up My Wallet via credit card or direct bank transfer through the iPay88 platform. iPay88's wallet services are provided and operated by a third-party service provider engaged by Snatch Park.
- Touch 'n Go (TNG)coreTouch 'n Go RFID and TNG eWallet are integrated payment methods for Snatch Park's cashless parking. Drivers can enter and exit using TNG RFID cards, tap TNG at ParkBOT terminals, or pay via TNG eWallet through the mobile app. TNG is one of Malaysia's most widely used digital payment platforms.
- BoostsupportingBoost e-wallet is integrated as a payment option within the Snatch Park cashless ecosystem, allowing drivers to pay parking fees using the Boost app on their mobile devices.
- GrabPaysupportingGrabPay e-wallet is accepted as a payment method for Snatch Park's cashless parking transactions, enabling Grab users to pay for parking using their existing e-wallet balance.
- Visa and MastercardcoreVisa and Mastercard credit/debit cards are accepted at ParkBOT terminals and through the Snatch-P app for parking fee payments. MyDEBIT cards are also supported at entry/exit terminals for seamless cashless transactions.
- Prasarana Malaysia BerhadkeyPrasarana Malaysia Berhad operates Malaysia's public rail network (LRT, MRT, Monorail). Snatch Park provides parking management services at LRT stations including IOI Puchong Jaya and Taman Perindustrian Puchong. This partnership enables Snatch Park to serve the high-volume commuter parking segment near transit hubs.
Scale indicators6 records
Recent moves5 records
Expansion highlights5 records
Snatch competitors and assessment
Company assessmentDirect peers
- Smart Parking Limited: New Zealand-headquartered smart parking technology company offering ANPR-based parking management, sensor-based bay monitoring, and a centralized management platform across multiple geographies. Directly comparable to Snatch Park as a hardware + software smart parking solutions provider serving property owners and operators.
- Get My Parking: India-based smart parking platform providing ANPR, mobile app-based payments, and cloud-based management for operators of malls, airports, and commercial properties. Closely comparable business model (B2B SaaS for parking operators with consumer mobile app) targeting the same property owner verticals as Snatch Park.
Emerging players
- Park+: India-based smart parking and connected vehicle platform offering ANPR-enabled parking management, FASTag-based automated payments, and a consumer app. Comparable as a multi-product parking platform targeting malls and commercial properties, with stronger brand and funding position.
- JustPark: UK-based parking marketplace platform enabling drivers to pre-book parking in private driveways and commercial car parks. Comparable on the marketplace and pre-booking functionality (akin to Snatch Park's ParkSales module and Snatch-P pre-book feature), though with a different end-market focus.
- Metropolis Technologies: US-based computer vision and AI company building checkout-free parking and mobility experiences for real estate operators. Comparable as an AI/computer-vision-enabled parking platform, though focused on larger commercial real estate and mobility-as-a-service use cases.
Broad incumbents
- Flowbird: Global parking and urban mobility technology provider offering pay-and-display machines, PARCS hardware, mobile apps, and back-office software to municipalities and operators. Comparable as a full-stack parking technology provider, though broader in geographic and product scope than Snatch Park.
- ParkMobile: US-headquartered leading provider of mobile parking payment apps and smart city parking platforms. Comparable on the consumer-facing digital payment and reservation layer for parking, though focused primarily on on-street and municipal parking in North America.
- SKIDATA: Austrian-headquartered global provider of access control and revenue management systems for parking and ski/resort facilities. Comparable on the hardware/PARCS layer (gates, pay stations, access control), serving similar enterprise property owners across Europe, Americas, and Asia.
- Streetline (part of Kapsch): Smart parking sensor and analytics provider (now part of Kapsch TrafficCom) offering occupancy detection, guidance, and analytics platforms for municipalities and operators. Comparable on the smart parking technology layer for traffic and occupancy management.
Regional players
- Wilson Parking: Australia and New Zealand's largest parking operator with extensive commercial car park portfolio and operator-side technology. Comparable on the parking operations and managed services side, though primarily operating in Australia/NZ rather than Southeast Asia.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat6 records
Key risks6 records
Key highlights7 records
Customer concentration
Snatch social profiles
Digital presenceSnatch compliance and trust
Trust signalCompliance1 record
Snatch financial estimates
Financial estimateRevenue estimate
Valuation estimate
Snatch leadership team
Management profileNumber of profiles
Snatch funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Snatch 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 Snatch
What does Snatch do?
Snatch Park develops and operates an end-to-end smart parking management ecosystem that combines proprietary ANPR/LPR hardware (ParkEyes cameras, ParkBOT cashless terminals, BayLock barriers), a cloud-based management platform (Robin with ParkBills, ParkSales, ParkButler, ParkSems modules), and a consumer-facing mobile app (Snatch-P). The company delivers these as SaaS subscription, outright purchase, or fully managed operations to property owners, building managers, mall operators, hotels, hospitals, transit authorities, and other car park operators across Malaysia. Complementary Business Process Outsourcing (BPO) services cover HR, customer service, sales & marketing, operations, and IT support for parking operators.
Is Snatch a public or private company?
Snatch is a private company. It is classified as founder individual operated bootstrapped and is currently operating.
When was Snatch founded?
Snatch was founded in 2014. It employs 11 to 50 people.
Where is Snatch based?
Snatch is headquartered in Petaling Jaya, Malaysia, in the Asia region.
How does Snatch make money?
Five revenue lines are on record. Parking System Subscription (SaaS Lease) is the primary driver. The others are parking System Outright Purchase, parking Management Service (Managed Operations), BPO Services and parking Hardware Sales.
Who are Snatch's main competitors?
Direct peers on record are Smart Parking Limited and Get My Parking. Emerging players are Park+, JustPark and Metropolis Technologies. Broad incumbents are Flowbird, ParkMobile, SKIDATA and Streetline (part of Kapsch). Wilson Parking is listed as a regional player.
Does Snatch have an API?
No public API is recorded for Snatch.
What industry is Snatch in?
Snatch's product category is Smart Parking Management Software. Its primary akta.pro industry code is TLAJAIAC, Smart Parking Technology Platforms (Occupancy Sensors, Guidance, Reservations, Analytics), with a secondary code of TLAJAIAD, Parking Access & Revenue Control Systems (PARCS) (Gates, Pay Stations, Ticketing). Its NAICS code is 812930 and its SIC code is 7500.