YourParkingSpace

Established in 2014 to revolutionise the way drivers park, YourParkingSpace is now the UK’s largest online parking platform, parking more cars each day than any other online provider. 

The YourParkingSpace web and mobile application provides on-demand parking that puts the very best parking spaces in front of our growing online audience of drivers looking to search, book, and park hassle-free. Boasting over 350,000 privately owned and commercially operated parking spaces across the United Kingdom, drivers are able to book parking by the hour, day or on a monthly subscription basis. 

Established partnerships with leading commercial property owners, car park operators and local authorities allows YourParkingSpace to offer pre-book parking at a discounted rate to drive-up prices (on average 38%), taking a 20% commission on each transaction.

As of 2019, YourParkingSpace serves all the major towns and cities across the United Kingdom.

YourParkingSpace is powering the future of parking by delivering the world’s most advanced end-to-end online parking and industry solution in order to become the world’s largest parking provider, whilst owning no car parking inventory.

Our vision is to be the UK’s, then the world’s, leading online parking company. The transferability of the dynamic subscription and instant book model, combined with the scalability of the platform and our existing commercial relationships, makes us well positioned for launching into new territories. YourParkingSpace aims to launch in an external territory in Q1, 2020.

WHAT MAKES THE PRODUCT OR SERVICE INNOVATIVE?

YourParkingSpace has developed a white-label proprietary solution that is currently powering online parking businesses such as Confused.com, ParkingEye, Horizon Parking (Glyde Spaces), APCOA Parking and Creative Parking Solutions.

A simple to use RESTful API enables seamless integration into the existing booking platforms of a Travel Management Companies and corporate partners, both for viewing available parking options and processing bookings. 

Our third-party booking platform is a complete white label solution for parking, with flexibility within the platform to customise the interface and deliverables to the requirements of Travel Management Companies. Through this white-label, YourParkingSpace provides access to over 350,000 parking spaces UK-wide at a lower than average market price, whilst keeping the entire search and transaction on the TMC’s white-label.

YourParkingSpace offers a fixed percentage commission on every booking paid to the TMC’s white-label booking platform, opening up a new stream of revenue and enabling TMC’s to provide an additional service without complicated setup. With corporate accounts available, budgets can be set, and bills can be settled every 30 days rather than a pay-per-transaction model.

KEY RESULTS, OUTCOMES, PERFORMANCE TO DATE

Over 5 years of planning and extensive development in the proprietary technology platform, coupled with a highly committed management team with over 25 years’ experience in the parking industry, YourParkingSpace has secured the position of the UK’s leading online provider for both long-term and on-demand daily parking.

A trusted brand with 5-star user rating on the Apple Store and independent review platform, TrustPilot, YourParkingSpace has more 5-star reviews than any other parking business globally.

YourParkingSpace is a clear market leader in the UK, parking over 8,000 cars each day, showcasing strong revenue growth with gross monthly revenue increasing from £0.5m in Jan ‘18 to £0.8m in Jan ’19.

YPS
yourparkingspace
Address
Level 24
1 Canada Square
Canary Wharf
London
E14 5AB

Telephone Number
0208 629 1057


Contact Name
Tamar Sakadjian

Job Title
Brand Marketing Director

Key Products and Services