ParKam
Camera Based Parking Ecosystem
Company Overview
Snapshot
Founded in July 2014 by Ori Attar and Asaf Naamani, ParKam operates with 1–10 employees. The company has raised $2.95M across one funding round from 2 investors. In July 2019, ParKam announced a smart parking project at Curtin University, positioning it as a world-first initiative.
Business overview
ParKam develops a parking ecosystem that utilizes image processing, deep machine learning, and AI to enhance the parking experience. Its core technology leverages existing CCTV cameras for high-accuracy coverage of parking bays, providing real-time availability maps, heat maps, and statistics through a proprietary BI tool. The system also alerts authorities to illegal parking and guides drivers to available spaces. ParKam serves a growing client base including cities, universities, airports, and shopping centers, operating within the Automotive & Mobility Technologies sector, specifically urban mobility, and targeting both consumers (drivers) and government entities (municipalities).
Strategic signal
In July 2019, ParKam announced a smart parking project at Curtin University, which was highlighted as a world-first initiative. This signals the company's capability to implement advanced, large-scale smart city solutions and validates its technology for real-world applications in urban mobility, demonstrating a significant step in market penetration and technological leadership.
Company Intelligence Q&A
- What is ParKam's primary business activity?
- ParKam provides a camera-based parking ecosystem that uses image processing, deep machine learning, and AI to offer a frustration-free parking experience, guiding drivers to available spaces and alerting authorities to illegal parking.
- When was ParKam founded?
- ParKam was founded in July 2014.
- How much capital has ParKam raised to date?
- ParKam has raised a total of $2.95M in funding.
- What significant project did ParKam announce in 2019?
- In July 2019, ParKam announced a smart parking project at Curtin University, which was described as a world-first initiative.