Parkeasy is a Malaysian startup founded in 2014 with a mission to revolutionize parking with their smartphone application. The company offers a seamless parking experience by allowing users to book their parking spots in advance using proprietary hardware and software. They primarily focus on major shopping malls in the region, aiming to alleviate the hassle of finding parking in bustling areas. Their success was evident when they clinched the top prize at a national level hackathon, capturing the interest of both the industry and investors.
Co-Founders Eric Tan and Warren Chan lead the dedicated team behind ParkEasy. The company is headquartered in Kuala Lumpur and has expansion plans for regional markets including Singapore, Jakarta, Manila, and Bangkok. Notably, ParkEasy secured a Series A investment on 16 March 2018 from Cradle Fund, signifying a pivotal moment in their growth trajectory.
With their driving philosophy that "Life is too short to be spent on parking," ParkEasy is poised to make #parkingawesome with the simple push of a button, catering to the demand for efficient parking solutions in urban landscapes. As a promising player in the Information Technology industry, ParkEasy's innovative approach and strategic expansion plans position them as an attractive opportunity for venture capital.