Parkdepot

About Parkdepot

Parkdepot, founded in Munich, Germany, in 2019 by Moritz Bodenmuller, Bastian Pieper, Yukio Iwamoto, and Jakob Bodenmüller, provides technology-enabled solutions for managing parking operations. The company has developed a full-service platform that digitizes parking lots, transforming them into smart mobility hubs. Parkdepot's core technology utilizes camera-based license plate scanners and artificial intelligence to automate the entire parking process, from vehicle entry and exit tracking to billing. This system eliminates the need for traditional barriers, tickets, and on-site staff, reducing operational costs for clients.

The company offers solutions for both paid and unpaid parking environments. For unpaid lots, the 'Supervision' product monitors parking duration to prevent unauthorized use, ensuring spaces remain available for legitimate customers. For paid parking, the 'Carpay' product facilitates a seamless, ticketless experience with modern payment options. Beyond simple parking management, the system provides detailed analytics on space utilization, allowing property owners to identify and rent out unused capacity, thereby increasing the commercial value of their assets. Parkdepot's business model is B2B, serving clients such as grocery retailers like REWE and EDEKA, real estate companies, shopping centers, hotels, clinics, and restaurant chains, including McDonald's.

The company has undergone significant growth, expanding from its initial base in the DACH region to markets including Poland, Denmark, and Italy. As of late 2022, Parkdepot was processing over one million parking transactions daily. The startup has successfully raised capital to fuel its expansion and product development, securing €4.2 million in a 2021 seed round and a subsequent €15 million in a Series A round in December 2022, with investors including henQ, Surplus Equity Partners, and Armira Growth. Parkdepot offers its services as a full-service provider, handling everything from software programming and hardware installation to ongoing operational support.