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AirGarage

From Wikipedia, the free encyclopedia
AirGarage
Company typePrivate
IndustryParking management
Founded2017
HeadquartersSan Francisco, CA
Websitehttps://www.airgarage.com/

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]

History and growth

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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

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  1. ^ a b c d Alamalhodaei, Aria (2021-10-21). "AirGarage, a full-stack parking operator, raises $12.5M in round led by a16z". TechCrunch.
  2. ^ a b c d 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. ^ a b "Student startup AirGarage receives $12.5M from venture capitalists". ASU News. 2021-11-05.
  4. ^ a b "Report: AirGarage Business Breakdown & Founding Story". Contrary Research.
  5. ^ a b Soland, Aeden. "AirGarage: Affordable on-campus parking". The Daily Wildcat.
  6. ^ Hustle, The (2023-07-28). "Airbnb, but for cars". The Hustle.
  7. ^ "AirGarage". Forbes.