ParkMobile™ Finishes Strong Q1 with Over 13 Million Users and Record Growth

ATLANTA, April 24, 2019 /PRNewswire/ -- ParkMobile, the leading provider of smart parking and mobility solutions in North America, has completed a record breaking Q1 for 2019. The company hit the 13 million user milestone and is now adding over 400,000 new registered users every month. Since ParkMobile's launch in 2008, the app has helped people pay for more than 41 billion minutes of parking time.

Below are some highlights from the first quarter of 2019:

• Grew mobile app users 47% year-over-year
• Expanded service into new cities including Jersey City (NJ), Tallahassee (FL), Sarasota (FL), Amarillo (TX), Portsmouth (NH), Jacksonville Beach (FL), Bend (OR), and Mobile (AL)
• Launched at Yale University, Central New Mexico Community College, University of San Diego, Loyola University New Orleans, and Missouri S&T University
• Added event reservations for over 200 new entertainment venues including US Bank Arena, Sun Devil Stadium, Javitz Center, KeyBank Center, and Austin City Limits
• Won several prestigious accolades including Smart Cities Connect "Smart 50," Atlanta Journal Constitution Top Workplaces, Technology Association of Georgia's (TAG) Top 10 Most Innovative Companies, and Atlanta Business Chronicle Pacesetter Award

Another major event for the company in Q1 was the official announcement of the new mobility joint venture between BMW and Daimler that includes ParkMobile. This venture features leading mobility companies in five categories:

1. Parking – ParkMobile, ParkNow, RingGo, Parkline
2. Ride-sharing – Car2Go, DriveNow
3. Ride-hailing – Beat, Clever, Kapten, mytaxi
4. EV charging – ChargeNow
5. Multi-modal transportation – moovel, ReachNow

This venture brings industry-leading transit, multi-modal, and smart city technologies under one umbrella, dramatically expanding the functionality that ParkMobile can offer to its clients. ParkMobile is already working with moovel and ChargeNow to deliver best of breed transit and charging solutions through its platform.

"We are off to a fast start in 2019," said Jon Ziglar, CEO of ParkMobile. "Our business growth continues to accelerate and shows no signs of slowing down. The new mobility joint venture backed by BMW and Daimler provides more resources and opens up a world of new opportunities for us to drive smarter mobility solutions into the market."

About ParkMobile

ParkMobile, LLC is the leading provider of smart parking and mobility solutions in North America, helping millions of people easily find, reserve, and pay for parking on their mobile device. The company's technology is used in thousands of locations across the country, including 7 of the top 10 cities as well as college campuses, airports, and stadiums. People can use ParkMobile solutions to quickly pay for on-street and off-street parking without having to use a meter or kiosk. Additionally, ParkMobile offers parking reservations at stadium venues for concerts and sporting events. Reservations are also available in metro area garages, allowing people to drive into the city without having to worry about finding parking. ParkMobile has been named to the Inc. 5000, Deloitte Fast 500, Smart Cities Connect "Smart 50," and the Atlanta Journal Constitution's Top Workplaces. Additionally, the company won 2018 Stevie Awards for Most Innovative Tech Company and Best Integrated Mobile Experience. For more information, visit ParkMobile.io or @ParkMobile on Twitter.

Media Contact:

Jeff Perkins, CMO
ParkMobile, LLC
678-801-8855
[email protected]

SOURCE ParkMobile, LLC

Related Links

https://parkmobile.io