par.co

Easy with par.co

par.co.rs

Short description

We noticed that in busy parts of the city there are often empty parking spaces in private garages, while street parking is overcrowded.
Our platform connects garage space owners with drivers looking for parking. Owners can list their garage spaces for a set time, while drivers book those spaces through the app and use them. A device that communicates with an IoT platform opens the garage door quickly and easily, without the owner having to be there in person. This system makes more efficient use of garages and improves mobility in urban areas, benefiting both owners and drivers.

Industry

MobilitySharing EconomySoftware

Market

Planned launch on the Belgrade market, followed by expansion to other cities in Serbia and the region.

Development stage

Pre-seed

Seed

Early

Growth

Expansion

Exit

Support needed in the coming period

We need technical support for work on the equipment and the app. We also need financial support for market entry.

Problem / Identified market opportunity

Finding parking in Belgrade is getting harder. Residents of our city circle the streets looking for parking almost every day, and the growing number of cars and the spread of the parking zone system do nothing to solve this problem.
According to the Statistical Office of the Republic of Serbia, there are 687,858 registered cars in Belgrade. This number far exceeds the current parking capacity.
With only 27,000 zone spaces and 7,400 spaces in public car parks and garages, the ratio of cars to spaces is 20 cars per public space.
It is important to note that this ratio does not include all the cars in Belgrade that do not have Belgrade number plates, of which there is also a significant number.
Although everyone agrees that the problem exists and that the current number of parking spaces is insufficient, the biggest mistake lies in the approach to solving it, because the focus is on building new infrastructure instead of using the existing one more wisely.

Solution

Parking space owners currently face limitations when it comes to renting out their garages. If they decide to rent their space to someone, they automatically lose the right to park there during the rental period.
With our app, owners can earn money by renting out their space, and still use it whenever they need it. Thanks to BLE technology, owners have complete comfort, because they do not have to be there in person to open the garage door for others.
Similarly, drivers are limited by the small number of parking spaces in busy urban areas and by the time limits of the zone parking system. Our app gives drivers a location closer to their destination than public garages, which are often full or have queues at the entrance, as well as the freedom to choose their own parking time.