ParkWhiz Canada Inc.

What ParkWhiz Canada Inc. does

ParkWhiz Canada Inc. is a Canadian operating entity that runs a digital, mobile-first parking reservation platform under the ParkWhiz brand, serving individual drivers seeking hourly and monthly parking across major North American cities. The platform enables users to discover, compare prices, and prepay for parking spaces, with advertised savings of up to 50% off standard drive-up rates. It distributes through iOS and Android native apps and a web storefront (parkwhiz.ca), offering mobile parking passes for contactless lot entry and supporting both on-demand and advance reservations.

The underlying platform aggregates inventory from multiple parking operators and is operated as a subsidiary of FlashParking, Inc., a US-based parking technology provider that supplies the broader infrastructure (including facility operations and demand-side technology) underlying ParkWhiz's reservation services. The company also offers a B2B extension called ParkWhiz for Business that enables corporate customers to manage employee and fleet parking needs, and the website exposes an airports directory suggesting adjacent travel-related inventory. Geographic coverage disclosed in the source material includes Boston, Chicago, New York City, San Francisco, Washington DC, Toronto, and Indianapolis.

Monetization is transaction-based: ParkWhiz charges a commission or take rate on each booking made through the platform, with billing structured as pay-as-you-go for hourly reservations and monthly recurring billing for monthly parking. GTM is primarily product-led and self-serve for consumers, supplemented by a direct-sales motion for the enterprise product. No pricing tiers, headcount, or revenue figures are publicly disclosed in the available source data.

Name

ParkWhiz Canada Inc.

Legal name

ParkWhiz Canada Inc.

Website

https://parkwhiz.ca

Company type

Private

Operating status

Operating

Short description

ParkWhiz Canada Inc. operates a mobile-first digital platform and app that lets individual drivers discover, reserve, and prepay for hourly and monthly parking across major North American cities, operating as a subsidiary of FlashParking, Inc.

Ownership category

akta.pro rank

Product category

Parking Reservation Platform

NAICS

Parking Lots and Garages (812930)

SIC

Services-Automotive Repair, Services & Parking (7500)

akta.pro primary industry

Shared Parking & Marketplace Platforms (B2B/B2C Space Sharing, Aggregators) (TLAJAIAH)

akta.pro secondary industry

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

Keywords

• Parking reservation platform
• Mobile parking app
• Parking marketplace
• Urban parking solutions
• Parking booking software

Headquarters

HQ city

Toronto

HQ country

Canada

HQ region

North America

Offices1 record

Markets served

GTM type

B2B and B2C

Offering type

Digital Commerce or Content

Cost components

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

Revenue model

1. Parking Transaction Fees: ParkWhiz charges a commission or transaction fee on each parking booking made through its platform. Users prepay for reserved parking spaces, and the company takes a percentage of each transaction. The platform offers both hourly and monthly parking options.

Pricing tiers

Go-to-market motion1 record

Distribution channels3 records

Marketing channels5 records

Core offering

ParkWhiz operates a digital marketplace and mobile platform that enables drivers to discover, compare prices, reserve, and prepay for hourly and monthly parking spaces across major North American cities. The platform also offers ParkWhiz for Business, a dedicated corporate parking management solution for managing employee and client parking needs. Access is available via iOS and Android apps and a web platform, with mobile parking passes enabling contactless entry to reserved spaces.

Product overview

ParkWhiz Canada Inc. offers a consumer-facing parking reservation platform as its core product, allowing users to discover, compare, and book parking spaces. The platform is accessible via web browser and native mobile apps for iOS and Android, featuring mobile parking passes for seamless entry. An enterprise offering called ParkWhiz for Business provides parking management for corporate customers. All offerings are unified under the ParkWhiz brand and share the same underlying parking network and booking infrastructure.

Differentiator

Problem solved

Functional benefit

Products and services

• ParkWhiz Consumer Platform Consumer-facing digital platform enabling drivers to discover, compare prices, reserve, and prepay for parking spaces across major North American cities. Offers hourly and monthly parking options with savings up to 50% off standard rates.
• ParkWhiz Mobile App iOS and Android mobile application providing on-the-go parking discovery and booking, with mobile parking passes enabling contactless entry to reserved parking facilities.
• ParkWhiz for Business Dedicated business parking solution enabling companies to manage employee parking benefits, corporate parking needs, and client/business travel parking through the ParkWhiz platform via a dedicated business portal.

Quantifiable outcome

• Users can save up to 50% off standard drive-up parking rates

Named customers3 records

Segments2 records

Ideal customer profiles2 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature3 records

Partnerships

One partnership is on record.

• FlashParking, Inc.coreOthersParkWhiz is a subsidiary of FlashParking, Inc. The parent company operates parking technology solutions and provides the infrastructure and technology platform underlying ParkWhiz's parking reservation services.

Scale indicators2 records

Recent moves5 records

Expansion highlights4 records

Direct peers

• SpotHero: SpotHero operates a comparable digital marketplace for reserving and paying for parking across major North American cities. It is the closest direct competitor to ParkWhiz in product, business model and target consumer.
• Honk: Honk is a North American touchless parking app that lets drivers reserve and pay for spaces without pay stations. It shares ParkWhiz's core mobile-pass / prepaid-reservation model and overlaps on consumer and operator audiences.
• JustPark: JustPark is a digital parking marketplace that aggregates driveways, lots and garages and lets drivers pre-book spaces. It mirrors ParkWhiz's marketplace structure and hourly/monthly pricing model, although primarily in the UK.
• ParkMobile (EasyPark Group): ParkMobile, now part of EasyPark, runs a mobile-first parking reservation and payment app used across hundreds of North American cities. It competes directly with ParkWhiz for both consumer driver demand and operator inventory supply.
• PayByPhone: PayByPhone provides mobile parking payment and reservation services used by municipalities and operators. It overlaps with ParkWhiz's consumer app flow and competes for both operator integrations and driver mind-share.

Broad incumbents

• FlashParking: FlashParking is ParkWhiz's parent company and a broader parking technology provider offering PARCS, valet and facility-management software. It is comparable as a wider-stack incumbent whose infrastructure underlies the ParkWhiz consumer marketplace.
• T2 Systems: T2 Systems sells parking management, access control and analytics software to universities, municipalities and operators. It competes indirectly by powering operator inventory and consumer experiences that may rival or substitute for ParkWhiz.
• Passport (ParkMobile Passport): Passport provides mobile payment, permitting and enforcement software for parking and mobility operators and cities. It is adjacent to ParkWhiz's marketplace because it controls consumer-facing payment flows at the operator and municipal level.

Emerging players

• Metropolis: Metropolis is a computer-vision-based parking and mobility platform focused on frictionless entry and exit at garages and lots. It overlaps with ParkWhiz on consumer parking access and competes for the same operator supply.
• Arrive (formerly ParkMe): Arrive operates a parking data and reservation platform that supplies inventory and booking functionality to automakers, navigation apps and third parties. It is comparable to ParkWhiz as a distribution and aggregation layer for parking supply.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat3 records

Key risks4 records

Key highlights5 records

Customer concentration

Revenue estimate

Valuation estimate

Number of profiles

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 ParkWhiz Canada Inc.