Parko raises $500K to solve your parking problems
Israeli start-up company Parko, the app developer that helps users find parking, announced the completion of its first financing round of $500,000. The current financing round was led by Jon Medved’s hybrid VC-Crowdfunding platform OurCrowd, which mobilizes investments for promising Israeli ventures using a crowdfunding method. Mass Parking The Parko app, available for iPhone and Android users, was designed for all drivers that occasionally experience difficulties in finding parking. Contrary to popular belief, the parking problem is not only relevant to the Tel Aviv drivers community, but also to many other parts of the country, such as Gush Dan, Jerusalem, Haifa and any place that has a high population concentration. The app, naturally, is based on the principle of sharing on social networks and connects the app users looking for parking space with those who are about to leave one. So how does it work? When activating the app you can select one of two modes – find or share parking spot. If you are vacating a parking spot, you will be asked to mark where your car is parked and...
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