Park Assist - About the company
Park Assist is an acquired company based in Cheshire (United States), founded in 2005. It operates as a Provides parking occupancy analytics and in-parking guidance. The company has 564 active competitors, including 65 funded and 43 that have exited. Its top competitors include companies like Arrive, Park Plus and Streetline.
Company Details
Park Assist LLC provides parking occupancy analytics and parking guidance systems to parking lot owners, drivers and city authorities. The company installs smart sensors that capture visual data and transmit them to a cloud-based analytics platform. The sensors collect both regular parking occupancy data as well as perform LPR to identify the cars coming in and also take videos of spaces when movement is spotted. Park Assist also builds guiding signage to help drivers find parking spaces. The company sells its products to airports, college and corporate campuses, healthcare facilities, retail outlets, etc. and also to city authorities.
- Website
- parkassist.com
- Social
Key Metrics
Founded Year
2005
Location
Cheshire, United States
Stage
Acquired
Investors
Ranked
10th among 564 active competitors
Employee Count
64 as on Sep 30, 2026
Exit Details
Acquired by TKH Group (Jul 30, 2013)
Park Assist's acquisition details
Park Assist got acquired by TKH Group on Jul 30, 2013.
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Park Assist's funding and investors
Park Assist is a funded company. Park Assist has 2 institutional investors.
View details of Park Assist's funding rounds and investors
Park Assist's founders and board of directors
Founder? Claim ProfilePark Assist's employee count trend
Park Assist has 64 employees as of Sep 26. Here is Park Assist's employee count trend over the years:
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Park Assist's Competitors and alternates
Top competitors of Park Assist include Arrive, Park Plus and Streetline. Here is the list of Top 10 competitors of Park Assist, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | _1581412169485.jpeg?devicePixelRatio=2&height=30&width=30){kind=logo} Arrive 2006, Chicago (United States), Series D | Tech-enabled platform offering parking and mobility management solutions | $65.3M | 78/100 | |
2nd | Provider of vehicle-related services, including FASTag, challan, insurance, and parking | $51.8M | 70/100 | ||
3rd | Streetline 2005, San Mateo (United States), Acquired | AI-enabled parking management solution | $59.3M | 68/100 | |
4th |  FlashParking 2011, Austin (United States), Series D | SaaS-enabled platform offering parking management systems | $314M | 65/100 | |
5th | T2 Systems 1994, Indianapolis (United States), Acquired | Provider of parking management software and related technology solutions | $31M | 61/100 | |
6th |  Metropolis 2017, Santa Monica (United States), Series D | Developer of computer vision technology for automated vehicle parking management | $833M | 61/100 | |
7th | Cleverciti 2010, Munich (Germany), Acquired | Provider of smart parking and curb management technology and solutions | $36.6M | 58/100 | |
8th | Get My Parking 2015, Bengaluru (India), Series A | Provider of a platform for digitizing and automating parking services | $13M | 58/100 | |
9th | REEF 2013, Miami (United States), Series D | Platform offering parking management and suite solutions for multiple retail and food businesses | $768M | 58/100 | |
10th | Park Assist 2005, Cheshire (United States), Acquired | Provides parking occupancy analytics and in-parking guidance | - | 51/100 |
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Park Assist's Investments and acquisitions
Park Assist has made no investments or acquisitions yet.
Reports related to Park Assist
Here is the latest report on Park Assist's sector:
News related to Park Assist
Filter this listMedia has covered Park Assist for 1 event in last 1 year, It was about company updates.
•
Park Assist Celebrates 20 Years of Innovation in Parking TechnologySecurityworldmarket•Aug 02, 2026•Park Assist
•
Jury Clears Indect USA In Rival's Parking Tech Patent TrialLaw360•Sep 23, 2022•Usacorpinc, Park Assist
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Park Assist® Introduces its New Cloud-Based Software Platform: INX™Business Wire•Jul 09, 2020•Park Assist
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U.S. District Court Rules in Favor of Park Assist in Patent Case Vs. San Diego County Regional Airport AuthorityBusiness Wire•Sep 06, 2019•Park Assist
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Park Assist has been awarded the Parking Guidance System (PGS) contract for Port of MiamiParknews•Feb 19, 2019•Park Assist
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Park Assist has been awarded the Parking Guidance System for the parking garages located in Lake Nona Town CenterParknews•Jan 31, 2019•Park Assist
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Park Assist has been awarded the Parking Guidance System for REDI Shopping CentreParknews•Dec 17, 2018•Park Assist
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Park Assist Chosen as the Parking Guidance System for the Iconic Beverly CenterParknews•Dec 10, 2018•Park Assist, Beverly Center
•
Savannah/ Hilton Head International Airport Chooses Park Assist’s M4 Smart-Sensor Parking Guidance SystemParknews•Dec 03, 2018•Park Assist
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