AirGarage, a full-stack parking operator, raises $12.5M in round led by a16z

AirGarage, a full-stack parking operator, raises $12.5M in round led by a16z

3 years ago
Anonymous $BH0TGXkyPe

https://techcrunch.com/2021/10/21/airgarage-a-full-stack-parking-operator-raises-12-5m-in-round-led-by-a16z/

Parking can often feel almost laughably old-fashioned, with some lots still hiring an attendant to collect fees and check for valid tickets. Even when parking lot owners try to modernize — using an app, for example, or a credit card machine to take payment — they must deal with a whole array of providers to manage hardware, payment processing and marketing, all separately.

That’s where AirGarage comes in. The company works with parking real estate owners and offers a full-stack software and management service for their lot or garage. That means handling everything from installing signage to collecting payments, and even providing parking enforcement.