Recently re-branded as JustPark (formerly ParkatmyHouse), this parking marketplace now has 500,000 drivers who choose from over 100,000 parking spaces in the UK, and it has plans to expand abroad.
But unlike ‘jerktech’ startups such as MonkeyParking, Sweetch and ParkModo, JustPark probably won’t attract the same level of controversy, given that it allows private venue owners to sell parking, not other drivers who just exited a spot on a public road.
Robin Klein, partner at Index Ventures said, “Index aims to invest in companies that we believe have the potential to transform entire industries. Parking has suffered from a lack of innovation. We believe JustPark can change that.”
Using the JustPark app, drivers can find, book, pay for and navigate to a parking space instead of circling around. Its 100,000 parking spaces across the UK include car parks, hotels, domestic driveways and pubs.
JustPark work with owners of spaces in different ways. “Sometimes we will lease spaces up front and rent them out through our platform or we will work on more of a pay as you go basis. For instance, car parks will give us 10 spaces and ensure that there are always 10 spaces available for JustPark customers,” says Founder Anthony Eskinazi.
BMW have plans to integrate the app directly into new models.