Company continues to experience fast growth as consumer demand for smart parking solutions increases
ParkMobile, the leading provider of smart parking and mobility solutions in North America, announced today that the company has surpassed the 10 million user milestone. Launched in 2008, the company’s growth has accelerated in recent years with ParkMobile now adding about 1 million users every 80 days. Today, approximately 1 in 20 drivers in the U.S. has registered with ParkMobile and the app ranks #3 in the “Navigation” category of the Apple App Store, just behind Google Maps and Waze.
ParkMobile’s user growth has been driven by its expanding footprint across North America and innovative new functionality, including event reservations, the ability to find and pay for electronic vehicle charging and the on-street parking availability feature that helps drivers quickly navigate to open spots in their area. So far in 2018, ParkMobile has expanded into several major markets including Tampa, FL, Berkeley, CA, and Tulsa, OK, as well as adding over 1,000 new parking garages to its reservations inventory. Coming up in September this year, ParkMobile will roll out in Alexandria, VA, making it easier to pay for parking with one app across the entire DC metro area including Montgomery County, Prince George’s County, Arlington and Washington, DC.
This rapid growth is a key reason why ParkMobile was just named to the Inc. 5000, recognizing America’s fastest-growing private companies.
“We are very excited about the growth trajectory of our company, and more importantly, that drivers can now use just one app to park nearly everywhere they go across the U.S.,” said Jon Ziglar, CEO of ParkMobile. “It took us 6 years to reach our first million users. Now we are adding a million new users every few months. With approximately 1 in 20 U.S. drivers registered for ParkMobile, it is a clear sign that smart mobility solutions have moved beyond ‘early adopters’ and now have broad appeal to consumers everywhere. We look forward to adding our next 10 million users in the very near future.”