Parking is getting more difficult in Denver.
ParkiFi is launching an app that aims to make it easier to park in the city.
The company already is generating significant interest. ParkiFi, which launched in 2014, has already raised $13.5 million in venture capital and was named a
Denver Gazelle this year by the Denver Office of Economic Development. Founders Ryan Sullivan and Rishi Malik say they created the company in response to an insight about downtown traffic that one out of three cars driving downtown Denver is actively looking to park. A process that takes an average of fifteen minutes.
"We're all guilty of circling block after block looking for a parking spot, and we're excited to launch the ParkiFi app to take this unneeded stress out of daily life," says Sullivan, the company's CEO. "Our app will help reduce congestion and, as a result, improve the environment and support Denver's 'smart city' initiatives. Our referral program is a great way to amplify this impact, while letting early adopters earn parking credits."
The app is slated to launch on the Apple and Google app stores in mid-November. It's designed to allow users to input an address into the app, which shows, in real time, which nearby lots and garages have open parking spots. The company plans to add metered street parking to the app in early 2017.
Ahead of its official launch, the company also is offering early adopters a chance to get rewards for referring others to the app. People can register on
ParkiFi's website, after which they'll receive an email with a unique link that they can share with others. When others use the link to sign up they receive parking reward, including discounts of $5 for five signups, $10 for 10 signups, $25 for 25 signups, and $75 for 75 signups.
Contact Confluence Denver Innovation & Jobs News Editor Chris Meehan with tips and leads for future stories at chris@confluence-denver.com.
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