pado
Business Description pado developed an alpha-level parking app solution which transforms the parking challenge into a parking experience for people and digital identities by building a community who manages parking slots efficiently and sustainably. There are already a lot of parking app solutions around but no currently available solution: 1) is based on the creation and the dynamics of a community 2) has all existing parking slots worldwide as addressable market 3) has a recurrent revenue model that can be extended with additional features (e.g. Dynamic Slot Offering, Traffic Management as a Service (TMaaS), Data Ownership Platform, Thermal Management optimisation of electrical vehicles. 4) All of the above captured in a provisional patent filing containing 20 innovation claims. The alpha-level version of the pado app has been used to learn and improve the concept, to have the hypothesis on which the solution and business model is based confirmed and to receive valuable feedback from different user groups The pado alpha Parking app, internet site and social media platforms are currently being further developed and optimised for launch on Q2/2021 latest to generate traction and matrixes needed to onboard (an) investor(s) to proceed with native app developments and execute the go-to-market.
Tags Mobile Apps, Smart Cities, Mobility Service
Website https://www.pado-parking.com
Articles about pado:
- January 19, 2024 Cyprus-based PropTech startup Movingdoors secures over €1 million to expand its business operations
- January 17, 2023 Madrid-based startup Velada cooks up €1 million to bring global food lovers the best local experience
- December 22, 2022 10 of the biggest funding rounds by female-led startups in Europe this year!
- February 4, 2022 Weekly VC Overview: All European startup funding rounds we tracked this week (Jan. 31 – Feb. 4)
- February 2, 2022 Paris-based Padoa secures €80 million to digitally transform occupational health
- January 21, 2022 Berlin-based Lendis bags €80 million to scale up its operating system for hybrid work
- June 4, 2021 Weekly VC Overview: All 105 European startup funding rounds we tracked this week (May 31 – June 4)
- March 12, 2021 Weekly VC Overview: All European startup funding rounds we tracked this week (8-12 March, 2021)
- February 19, 2021 Weekly VC Overview: All 60 European startup funding rounds we tracked this week (Feb. 15-19, 2021)
- July 24, 2019 London and Cyprus-based LearnWorlds raises €1 million for its platform that allows anyone to launch their own online school
- April 7, 2017 Munich-based IoT startup KONUX announces final close of its Series A funding round worth $16 million
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