Smarking
Smarking, based in San Francisco, CA, specializes in B2B analytics to solve parking problems with innovative solutions, including a dynamic pricing engine that significantly boosts revenue.
Company Overview
Smarking, founded in November 2014, is a B2B analytics company focused on solving parking issues through innovative enterprise solutions. The company is headquartered in San Francisco, CA, USA, and offers remote work options. Smarking has been backed by Y Combinator and Khosla Ventures and has implemented solutions in over 2,500 parking locations across North America. Part of the Y Combinator W15 batch, Smarking is recognized as an early-stage company.
Smarking's Dynamic Pricing Engine
Smarking launched the industry's first fully automatic dynamic pricing engine to address parking revenue challenges. This innovative solution has led to revenue uplifts ranging from 40% to 400% for online sales at various parking locations, including major cities such as Chicago, NYC, and Boston. The dynamic pricing engine is a central offering in Smarking's portfolio, revolutionizing how parking spaces are monetized and managed.
Y Combinator and Venture Support
Smarking participated in the Y Combinator W15 batch, which provided significant early-stage support. The company has also received backing from Khosla Ventures, helping it scale its solutions and expand its footprint in the parking and analytics sectors. This support has been instrumental in driving the company's growth and technological advancements.
Market and Services
Operating within the B2B sector, Smarking specializes in analytics to provide enterprise-grade parking solutions. The company's services aim to optimize parking management through data-driven insights and automation. Smarking's solutions are implemented across North America, enhancing revenue management for over 2,500 parking locations. The company's influence spans the United States, America / Canada, and beyond, with full remote work capabilities for global reach.
Acquisition Status
Smarking has recently undergone acquisition, marking a new chapter in its operational journey. This strategic move signifies potential growth and expansion in the B2B analytics space, leveraging the combined strengths of the acquiring entity and Smarking's innovative solutions in dynamic pricing and parking management.