Pink Park
Urban Parking Solution
Company Overview
Snapshot
Founded in April 2013 by Tomer Blustein, Pink Park operates with 1–10 employees. The company was acquired by TIBA Parking Systems in August 2018.
Business overview
Pink Park provides an urban parking solution that enables drivers to pay for parking, pre-book spaces, and access discounted rates and higher availability in both public and private car parks. The company's technology allows private parking owners to sublet their spaces hourly for additional income. Pink Park's offering includes specialized hardware for barrier and PARCS connectivity, parking management software, and a mobile application for drivers. It operates within the Retail Platforms, Automotive & Mobility Technologies, and Urban Mobility sectors, targeting consumers, particularly drivers, with its B2C and B2B2C business models.
Strategic signal
In July 2017, Pink Park was featured for its ability to allow users to reserve parking spaces and secure half-price parking in Tel Aviv. This highlighted the company's value proposition of offering cost-effective and convenient parking solutions, demonstrating its market traction and appeal to urban drivers prior to its acquisition.
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- What is Pink Park's primary business?
- Pink Park offers an urban parking solution that allows drivers to pay for parking, pre-book spaces, and access lower prices and discounts and higher availability in public and private car parks. It also enables private parking owners to sublet their empty spaces hourly.
- When was Pink Park founded and by whom?
- Pink Park was founded in April 2013 by Tomer Blustein.
- What was a key strategic development for Pink Park?
- Pink Park was acquired by TIBA Parking Systems in August 2018.
- What technology does Pink Park utilize?
- Pink Park's solution includes specialized hardware that allows connectivity with barriers and PARCS (Parking Access.
- What was a notable market activity for Pink Park before its acquisition?
- In July 2017, Pink Park was highlighted for enabling users to reserve parking spaces and obtain half-price parking in Tel Aviv, showcasing its impact on urban mobility.