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Why Parking?

Parking is necessary at the end of every drive, but is inconvenient and time consuming. The current solution, valet parking with a human driver, is available only at limited locations.

Lack of real-time information on available parking spaces leads to more time (and money) wasted while parking. The inefficiency gets compounded even more due to slow ticket-based parking entry/exit systems.

In the US alone, the inefficiencies in parking (such as driving around, looking for a parking space) end up wasting about 930 million gallons of gas and emit 18.6 billion pounds of carbon emission annually. This problem needs an innovative solution.

Mission

Our mission is to revolutionize the parking experience for both the parking facility operators and the drivers: AI-powered Smart Parking Management and Auto Valet Parking system for the ultimate parking management and user experience.

Why Parking?

Parking is necessary at the end of every drive, but is inconvenient and time consuming. The current solution, valet parking with a human driver, is available only at limited locations.
Lack of real-time information on available parking spaces leads to more time (and money) wasted while parking.  The inefficiency gets compounded even more due to slow ticket-based parking entry/exit systems.
In the US alone, the inefficiencies in parking (such as driving around, looking for a parking space) end up wasting about 930 million gallons of gas and emits 18.6 billion pounds of carbon emission annually. This problem needs an innovative solution.

Mission

Our mission is to revolutionize the parking experience for both the parking facility operators and drivers: AI-powered Smart Parking Management and Auto Valet Parking system for the ultimate parking management and user experience.

$ 73B Problem in Parking

Wasted Money and Time in Searching for a Parking Spot

  • Spend 15-20 min every time when looking for a parking spot
  • NY driver wastes 107 hours / $2,243 a year
  • SF driver wastes 83 hours / $1,735 a year
  • Total of $ 73B wasted in US every year

Solutions are lacking

  • Time and money wasted everyday
  • Inconvenience and pain
  • More pollution created

Parking Spot Search

  • 48% saying Stressful
  • Spend 15-20 min for parking
  • Waste 15 hours per year
  • About 1-2 billion parking spots in US enough to pave over the entire state of Connecticut

Parking Operation

  • Redundant process
  • Still ticket system
  • Lean operation

Enforcement & Compliance

  • Manual enforcement control
  • Expensive to enforce

Inefficiency in the current parking system costs everyone

  • No real-time data on available parking spots adds time
  • Ticket-based system adds time
  • Parking lot operators and drivers all lose

Current solutions are severely lacking

  • Parking lot operation, usage data and ticketing are all separate
  • Valet parking (human-based) is available only at limited locations

Our Team

Expertise In Parking Industry And
Auto Valet Parking Technology

Hobin Kim
Co-Founder & CEO

  • Serial Entrepreneur with 30 years sales & business development with AI tech knowledge & experience at InfoTech, Manex, NuCross, Seevider in Parking Industry

Hong Bae, Ph.D.
Co-Founder & CTO

  • VinFast, CTO
  • Samsung Electronics, VP
  • Faraday Future, Director
  • Fisker Automotive, Director
  • General Motors R&D
  • Ph.D. Stanford University
    B.S. University of California, Berkeley

Cory A.
VP, Perception and Integration

  • Automated Driving R&D and Production Engineering for 20 years
  • Bosch, Director of Automated Driving

Paul H., Ph.D.
VP, Planning, Control and Systems

  • Automated Driving vehicle control for 6 years
  • AI Institute for Mobility, Director
  • Automated Driving Startup, Senior Engineer
  • Ph.D., Stanford University

Peter D. Kim
VP, Business development & Strategy

  • Business development & marketing professional in software solution and robotics industry.
  • Deliver the project for Facebook, Cisco and others.
  • Worked AI Brain and BriteLab

Rick Wilson
Sales Consultant

  • Solution and Service Advisor
  • 25 years Sales & Business Development in Parking Industry: ABM, Standard & Impark

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