AirGarage

AirGarage

AirGarage

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AirGarage is an American parking management company that partners with real estate owners to operate their parking lots and garages. The company has developed a license plate recognition camera system to automatically detect when vehicles enter and exit.[1][2]

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History and growth

AirGarage was founded by Scott Fitsimones, Jonathon Barkl, and Chelsea Border in 2017.[3] The trio met and conceived the idea for AirGarage while attending Arizona State University, initially renting out driveway spaces near campus to college students.[3][1] The company offers parking operations, enforcement, and mobile payments to over 200 parking facilities.[1][4][2] After partnering with several nearby churches and Graduate Hotels locations to manage their parking operations,[5] the company began to managing surface lots and garages.[4][5]

AirGarage has raised around $16m from Andreessen Horowitz and Founders Fund,[2][6] and has also received investment from angel investors.[1]

AirGarage was on Forbes 30 Under 30 - Consumer Technology (2023).[7][2]

References

  1. [1]
    Alamalhodaei, Aria (2021-10-21). "AirGarage, a full-stack parking operator, raises $12.5M in round led by a16z". TechCrunch.
  2. [2]
    Shrivastava, Rashi. "From Pool Rentals To A Pet Adoption Marketplace: These 30 Under 30 2023 Finalists Are Using Tech To Meet Consumer Needs". Forbes.
  3. [3]
    "Student startup AirGarage receives $12.5M from venture capitalists". ASU News. 2021-11-05.
  4. [4]
    "Report: AirGarage Business Breakdown & Founding Story". Contrary Research.
  5. [5]
    Soland, Aeden. "AirGarage: Affordable on-campus parking". The Daily Wildcat.
  6. [6]
    Hustle, The (2023-07-28). "Airbnb, but for cars". The Hustle.
  7. [7]
    "AirGarage". Forbes.
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