Echo-Park

Company Overview

Snapshot

Founded in October 2014, Echo-Park operates with 1–10 employees. The company is currently in a Pre-Funding stage.

Business overview

Echo-Park develops parking solutions that help drivers find vacant on-street parking and provides municipalities with data analytics related to local parking and traffic. The company's core technology uses smartphone microphones to monitor sound while driving, picking up echoes reflected off parked cars. This data is then translated by an algorithm into geo-located parking occupancy information, which is crowd-sourced to create a real-time map for app users. Echo-Park's solution is designed to be low-cost, highly scalable, and requires zero driver attention, serving the smart-city, data-analytics, transportation, and mobile applications sectors.

Company Intelligence Q&A

What is Echo-Park's primary focus?

Echo-Park focuses on providing parking solutions for drivers and data analytics for municipalities, utilizing smartphone technology to identify vacant on-street parking spots.

How does Echo-Park's technology work?

Echo-Park's technology uses a smartphone's microphone to detect echoes from parked cars while driving. This sound data is then processed by an algorithm to create a real-time, geo-located map of parking availability.

What markets does Echo-Park serve?

Echo-Park serves both individual drivers through its parking app and municipalities by providing data analytics on local parking and traffic conditions.

When was Echo-Park founded?

Echo-Park was founded in October 2014.