Pumba Overview
Pumba specializes in real-time parking assistance through an innovative mobile application designed to help drivers locate available on-street parking spaces. Primarily active in Tel Aviv, Israel, the service operates using a network of sensors installed by local residents on their properties to monitor and communicate parking availability directly to users. The app provides real-time navigation to open spaces, customizable search radius settings, and updates regarding local parking regulations, blue-and-white zone hours, and EV charging station availability. Pumba is accessible to users on both Android and iOS devices.
Cumulative Funding Raised Over Time ($)
Latest News
Growth-Positive
Is the search for that secret city car spot finally over? | CTech
Israeli mobility company Pumba Parking has developed a system using physical sensors and a mobile app to help drivers in Tel Aviv find available parking spots. The company has already raised $3.5 million from investors including Waze founder Uri Levine and is seeking to raise an additional $1.5 million. Pumba Parking has seen significant user growth in recent months, with monthly active users increasing from a few hundred to 4,000. The company plans to expand outside of Tel Aviv and into markets in the U.S. and Europe.
InvestmentExpand
growth-positive
סוף למצוקת החניה: האפליקציה שתעזור לאתר מקום פנוי בלב תל אביב | רשת 13
The article discusses a new application designed to help users find available parking spots in the heart of Tel Aviv. The app aims to alleviate the parking shortage in the city, making it easier for drivers to locate free spaces. This solution is expected to have a positive impact on the companys growth by addressing a common urban issue and improving user convenience.
growth-positive
Don't despair: the app that will find you parking in the center of Tel Aviv
Pumba, an app developed by Roi Yotvat and Ofek Zucker, aims to solve the parking problem in Tel Aviv. The app shows users available parking spots in their vicinity, and provides real-time updates on their status. The information is collected through parking sensors installed on the balconies or windows of neighborhood residents. Currently, the service is active in the old north and center of Tel Aviv, with plans to expand to other areas in the city. The service is currently free for neighborhood drivers, but in the future, it will be enabled by purchasing a monthly subscription.
CustomersExpand
growth-positive
The startup that will find you parking in Tel Aviv
Two start-ups, Pomba and Pink Park, are offering solutions to the parking problem in Tel Aviv. Pomba, founded by two students at Reichman University, has developed an app that updates users in real-time about available parking spaces across the city. Pink Park offers a different solution, acting as an Airbnb for parking spaces, allowing them to be rented on an hourly or monthly basis. Despite the increase in parking spaces in Tel Aviv in recent years, the number of street parking spaces has actually decreased. Over the past four years, 3,100 street parking spaces have been eliminated, leaving approximately 74,000, while the number of vehicles with parking permits in the city has almost doubled to around 180,000.
CustomersExpand
| Sector | Automotive & Mobility Technologies |
Funding
| Total funding | $3M |
| Last funding | $500K |
| Stage | Seed |
| Rounds | 3 |
| Investors | 6 |
Team Members
2
Employees: 11-50
Web & Social Links
| Website | pumbaparking.com |
| App Store | App Store |
| Google Play | Google Play |
Locations
Shlomo Ibn Gabirol St 71, Tel Aviv-Yafo, Israel
Photos & Videos
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