Yespark

Yespark operates as a digital platform specializing in the rental of long-term and on-demand parking spaces, connecting property owners with available spots to individuals and businesses seeking parking solutions. The company was officially founded in Paris, France, in 2014 by Thibaut Chary and Charles Pfister. The idea originated in late 2013 when Chary, then a student, experienced the frustration of finding parking in Paris and was discouraged by the complex and costly processes of traditional rental agencies. Both founders, with engineering backgrounds from prestigious French schools—Chary from Polytechnique and Mines, and Pfister from Centrale Paris—launched the company during their final year of studies.

The firm's business model centers on creating a marketplace that aggregates unused parking inventory from property owners, such as social landlords, tertiary real estate companies, public parking operators, and private individuals. It then offers these spaces to car, motorcycle, and bicycle owners through a flexible subscription service. Revenue is generated by managing and leasing these vacant spots, with the platform handling the entire process from booking to access. Users can reserve a space online or via the mobile application and gain entry using their smartphone as a digital remote, eliminating the need for physical keys or badges. This model provides a recurring revenue stream for property owners while offering a convenient solution for urban drivers. In March 2025, Yespark acquired its competitor Zenpark, further consolidating its market position. The combined group projects an annual revenue of €50 million in 2024.

A significant milestone was achieved in May 2022, when Yespark secured its first round of funding, raising €28 million (approximately $29.5 million). This capital injection was earmarked to expand its network and, critically, to venture into the electric vehicle (EV) charging market. The company aims to install 30,000 EV charging stations by 2025, transforming its parking spots into connected, intelligent hubs for future mobility. This strategic shift addresses the growing demand for EV infrastructure and aligns with the company's long-term vision. Having been profitable since its inception, this funding has accelerated its growth, with plans to significantly increase its workforce. In 2024, Yespark officially became a mission-led company ("entreprise à mission"), cementing its commitment to optimizing existing infrastructure to foster sustainable and mobile cities of the future.

Keywords: parking rental, long-term parking, monthly parking, EV charging stations, parking marketplace, urban mobility, proptech, smart parking, digital remote access, shared parking, fleet parking solutions, parking management, Thibaut Chary, Charles Pfister, Zenpark, Paris, France, subscription parking, motorcycle parking, bicycle parking