MassChallenge
MassChallenge is a non-equity startup accelerator headquartered in Boston, Massachusetts, with additional locations in Israel, Mexico, Switzerland, Texas, and the UK. Founded in 2009, it focuses on fostering innovation and entrepreneurship by supporting high-potential startups across various industries globally. MassChallenge provides expert mentorship, a tailored curriculum, and access to corporate partners without taking any equity from the startups. Its programs, including specialized initiatives like MassChallenge FinTech and MassChallenge HealthTech, aim to facilitate partnerships between startups and established companies to drive innovation and growth. To date, MassChallenge has helped over 1,200 alumni raise more than $2 billion in funding and create over 65,000 jobs, demonstrating its significant impact on the global innovation ecosystem.
Non Equity Assistance in 2019
Developer of an automated parking software designed to connect available spots, drivers, and vehicles. The company's software collects, analyzes, and distributes on-demand real-time data accurately and transforms data into information, enabling customers to maximize their revenue by reducing operating costs and connecting their unused spots with customers who are looking for parking.
Non Equity Assistance in 2018
Parquery AG develops a Web app that allows users to see on-street parking availability. It provides users with real-time vacancy data and smart routing options. The company was founded in 2014 and is based in Zurich, Switzerland.
Non Equity Assistance in 2018
SecurSpace, Inc. provides access to parking and storage options for trucks, trailers, and containers in the United States. It offers access to a source of parking and storage locations ranging from truck parking and trailer drop yards to heavy equipment storage depots. The company was incorporated in 2016 and is based in Charlotte, North Carolina. It also has operations in Los Angeles, California; Atlanta, Georgia; and Chicago, Illinois. As of October 5, 2020, SecurSpace, Inc. operates as a subsidiary of Envase, Inc.
RePark Social Parking is a mobile application-based service that enables private parking space owners to rent their spaces by the hour. It was launched in 2014 in Tel Aviv, Israel.
Parkloco Inc. develops and operates a cloud-based analytics software that provides real-time analytic-based data for the parking industry. Its platform shares the data with existing parking applications and navigation systems to establish a communication channel between parking lots and drivers. The company’s solution is available in Boston, Providence, and Philadelphia cities. Parkloco Inc. was incorporated in 2014 and is based in Boston, Massachusetts.
ParkWise is an innovative company focused on addressing the challenges of street parking for drivers and autonomous vehicles. Their Intelligent Parking Platform connects users and vehicles with parking infrastructure, facilitating automatic data exchange to enhance the parking experience. By employing artificial intelligence and machine learning, ParkWise provides real-time information on parking availability, predictions, and relevant regulations. The platform is designed to optimize user behavior and improve overall parking efficiency, making the process more convenient and enjoyable. With a dedicated team of engineers and data scientists, ParkWise leverages extensive experience in Intelligent Traffic Management Systems to deliver effective parking solutions.
Fetch Park operates a combination of automated parking services and on-demand pet care solutions, focusing on enhancing convenience for pet owners. The company offers a transponder-based, app-supported parking service that eases the challenges of urban parking. In addition, Fetch Park provides dog walking and pet sitting services, catering to individuals who require assistance in caring for their dogs. This service enables pet owners to manage their pets' needs flexibly, ensuring their dogs receive essential exercise, socialization, and companionship throughout the day. By connecting pet owners with dedicated walkers and sitters, Fetch Park aims to improve the overall experience of pet care while simplifying the logistics of parking in busy city environments.
Spotlight is a mobile application that allows users to request valet service at the push of a button. When you simply want to just get where you need to be without a hassle, drop a "pin" to request valet service, and if in range of a Spotlight ‘Hotspot’, a Spotlight Parker will arrive and pick up your car within minutes. When you want your car returned, simply tap ‘pick up’ and your car will be delivered to the nearest ‘Hotspot’. Spotlight will revolutionize the way we think about parking.
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