London-based AppyParking secures £7.6 million Series A funding

London-based AppyParking secures £7.6 million Series A funding

With total funding since launch at over £11 million, AppyParking is helping prepare cities for the future of mobility by digitising the kerb. 

This kerbside management platform is working with local authorities to improve the way parking is accessed and managed. “By empowering local authorities with the tools that help them better manage and open up their kerbside, we’re helping them to address key issues like congestion and air quality, whilst also laying the future foundations for truly sustainable intelligent mobility,” said Dan Hubert, founder and CEO of AppyParking. 

Furthermore, its partnership with Visa makes it easier for users, by enabling One Click Parking. This changes the game for drivers that can pay on the spot via mobile, and for exactly the time spent on parking.

AppyParking has already launched its smart city deployment in Harrogate and plans to use the recent investment to support domestic and international growth with a special focus on Europe and Asia. It is already said to host the largest dataset of the UK’s kerbside restrictions in line with the Alliance of Parking Data Standards (APDS). 

Led by West Hill Capital, the London-based venture capital firm, with participation from existing investors Aviva Ventures and Breed Reply, this funding round includes new investment from Hyundai Motor Corporation and Sumitomo Corporation.

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