Cleverciti Systems

About Cleverciti Systems

Cleverciti Systems is a German company founded in 2012 by Thomas Hohenacker and Konrad Prinz-Dreher that provides high-tech solutions for outdoor and on-street parking management. Initially launched as "Schlauerparken," the company rebranded to Cleverciti in 2015 to support its international growth ambitions. The company has its headquarters in Munich, Germany, and a North American office in Atlanta.

The firm's core offering involves AI-powered, overhead-mounted sensors that scan and analyze up to 100 parking spaces each, providing real-time data on occupancy. This data is processed within the sensor and transmitted to a central management platform, the Cleverciti Cockpit, and to drivers via a mobile app and on-street digital signs called CIRC360. The system is designed to reduce traffic congestion and CO2 emissions caused by drivers searching for parking, which is estimated to cause 30-40% of traffic in urban centers. The technology allows for easy installation on existing infrastructure like lampposts or building facades.

Cleverciti operates on a Solution as a Service (SaaS) business model, serving a diverse client base that includes cities, public and private parking operators, airports, shopping malls, and corporate campuses. By providing precise, real-time parking data, the company helps its clients increase revenue and improve the parking experience for drivers. Notable deployments include comprehensive on-street guidance systems in Cologne and Bad Hersfeld, Germany, and installations for clients like the City of Dubai and the University of British Columbia.

Founder Thomas Hohenacker had a background as an entrepreneur in the media industry before starting Cleverciti. He developed technologies for broadcasting applications, including remote-controlled camera systems and created the internationally broadcast program "earthTV". His experience in technology and global marketing informed his vision for Cleverciti to create smarter, more livable cities. Since its founding, the company has secured significant funding, including a $15 million Series A round in 2018 and a $5.6 million A+ round in 2020, bringing its total funding to over $28 million.