ParKam

Company Overview

Snapshot

Founded in July 2014 by Ori Attar and Asaf Naamani, ParKam operated with 1–10 employees. The company raised $2.95 million across one funding round from two investors. In May 2026, ParKam ceased to operate.

Business overview

ParKam developed a parking ecosystem that utilizes image processing, deep machine learning, and AI to enhance the parking experience. Its core technology leverages existing CCTV cameras to achieve high accuracy in monitoring parking availability, covering a significant number of outdoor and multi-level bays per camera. The system provides real-time availability maps, heat maps, and statistics through a business intelligence tool, alerts authorities to illegal parking, and guides drivers to open spaces. ParKam served clients in cities, universities, airports, and shopping centers, operating within the Automotive & Mobility Technologies sector, specifically focusing on Urban Mobility.

Strategic signal

In May 2026, ParKam ceased its operations. This event signals a significant shift for the company, indicating the conclusion of its activities in the smart parking and mobility market.

Company Intelligence Q&A

What is ParKam's operational status?

ParKam ceased to operate in May 2026.

When was ParKam founded and by whom?

ParKam was founded in July 2014 by Ori Attar and Asaf Naamani.

What was ParKam's total capital raised?

ParKam raised a total of $2.95 million across one funding round.

What was a key project for ParKam in Australia?

In July 2019, ParKam implemented a smart parking system at Curtin University in Western Australia, which was noted as the largest deployment of its kind globally and the first in Australia on such a large scale.

How does ParKam's technology assist drivers?

In October 2019, Car and Driver reported that ParKam developed an app that tracks and directs users to open parking spots, also predicting which spots will be available upon arrival, leveraging existing security cameras to monitor parking availability.