Type Privately held company Founder Adnan Masood Products Parking | Founded 2016 Area served United Arab Emirates Services Parking | |
Park Key (Parking) is an online platform connecting parking seekers with parking providers through its website and mobile app. Drivers can search, book and pay for parking spots on-demand for varying time periods throughout the country. Park Key is currently available in United Arab Emirates and very popular in Dubai, Abu Dhabi and Sharjah with plans to roll out in key international markets. This service is also known as Airbnb or Booking.com of parking.
Contents
Origins
Park Key started operation in March 2016. It was founded by Adnan Masood who worked as head of marketing at du (company) telecom. Adnan faced shortage of parking spaces near work in Dubai Internet City and observed that many people in Dubai are facing same problem. He also noticed that although many residents struggle to find parking, there are many parking spots sitting vacant in buildings nearby. Driven by the desire to solve a significant local problem, Park Key was established with the intention of solving parking shortage and making it convenient to book parking with a click of button.
Services
The service is popular among enterprises and consumers alike for long and short term parking.
Investment
Park Key is in talks with investment firms to raise funding for expansion in international markets