JustPark

JustPark
Private
Industry Transportation, Technology
Founded 2006
Founder Anthony Eskinazi
Headquarters London, United Kingdom
Area served
 Global
Key people
 Anthony Eskinazi
Brands JustPark, ParkatmyHouse, ChargeatmyHouse
Number of employees
 25
Website justpark.com

JustPark is a technology platform that matches drivers with parking spaces through its website and mobile application.[1] Previously known as ParkatmyHouse, the company was founded in London in 2006 by Anthony Eskinazi.[2] The service allows mobile booking and includes commercial lots and garages, in addition to private parking spaces (similar to Airbnb).

As of 2014, the JustPark service was used by over half a million drivers around the world.[3]

The JustPark app is free to download from the App Store.[4]

History

The company was founded by Anthony Eskinazi in September 2006[5] after he experienced parking difficulties while attending a baseball game in San Francisco.[6] In July 2011, ParkatmyHouse raised venture capital from BMW i Ventures, the venture capital arm of BMW.[7] In January 2012, ParkatmyHouse launched a beta version of their website in the US.[8] Alex Stephany was the CEO from December 2012 until November 2015.[9] The company is headquartered in Kentish Town, London with a satellite office in the West Village, New York.[10]

Electric vehicle partnership with Transport for London

In late 2012, ParkatmyHouse formed a partnership with Transport for London, SSE plc and chargepoint manufacturer, Chargemaster, to install free electric vehicle charge points on the driveways of property owners currently renting out their driveways using the website.[11] Once installed, the charge points can be reserved online by third parties using the ParkatmyHouse website.

Rebrand as JustPark and investment from Index Ventures

In June 2014, ParkatmyHouse rebranded as JustPark.[12] The following month, JustPark announced that it had received investment from Index Ventures.[13]

In December 2014, JustPark was named by Management Today as one of the "Five British startups that came of age in 2014", alongside Just Eat, TransferWise, Funding Circle and CrowdCube.[14]

Equity crowdfunding campaign

In February 2015, JustPark launched an equity crowdfunding campaign to raise £1 million on major UK platform, CrowdCube.[15] The campaign hit its target in just four days, attracting a record-breaking number of investors, before overfunding.[16]

References

  1. ↑ Rory Cellan Jones, "JustPark and the sharing economy" BBC News, 7 August 2014
  2. ↑ Rob Sharp, "Park for £10 and make me a millionaire" The Guardian, 8 October 2006
  3. ↑ Mike Butcher, "JustPark Releases iOS App, Secures Funding From Index Ventures" TechCrunch, 7 August 2014
  4. ↑ Sophie Curtis, "JustPark app helps BMW Mini drivers find a parking space" The Telegraph, 7 August 2014
  5. ↑ Rob Sharp, "Park for £10 and make me a millionaire" The Guardian, 8 October 2006
  6. ↑ Susanna Kim, "Homeowner Rent out Driveways for Money" ABC News, January 8, 2012
  7. ↑ Emma Rowley, "BMW invests in ParkatmyHouse website", The Daily Telegraph, 15 July 2011
  8. ↑ Ariel Schwartz, "ParkatmyHouse Lets You Make Money Off Your Empty Driveway" Fast Company, January 2012
  9. ↑ Interview with Alex Stephany, "ParkatmyHouse.com is a poster child of the sharing economy. Alex Stephany shares some of their big plans.", "Real Business", 14 March 2013
  10. ↑ Priya Sankaran and Raja Moussaoui, "Online service links drivers, parking spaces" , CBC, March 15, 2013
  11. ↑ Linda Harrison, "How to earn money from electric car drivers", The Daily Telegraph, 28 January 2013
  12. ↑ Anthony Eskinazi, "JustPark finds new space" TechCityInsider, 7 August 2014
  13. ↑ Hunter, Ruthven, "JustPark signs BWM MINI deal and secures Index Ventures backing" GrowthBusiness, 7 August 2014
  14. ↑ Jack Torrance, "Five British startups that came of age in 2014" Management Today, 23 December 2014
  15. ↑ Sophie Curtis, "JustPark invites users to become shareholders in £1m crowdfunding campaign" The Telegraph, 13 February 2015
  16. ↑ Sophie Hobson, "JustPark just crowdfunded £1m in FOUR DAYS. We ask its founder how he did it" London Loves Business, 17 February 2015

External links

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