Parkifi, a Denver, CO-based provider of real-time parking data, raised $9.5m in Series A funding.
The round was led by Crosslink Capital and Grotech Ventures.
The company intends to use the funds to increase staff, continue to grow nationally, and deploy additional parking solutions at parking facilities, shopping malls, office buildings, etc.
Led by Ryan Sullivan, Founder and CEO, Parkifi has developed a platform, which provides real-time data tailored for parking and property management. Parkifi installs smart sensors in individual parking spaces to monitor occupancy, average parking times, pricing optimization trends and outcomes, violations and more.