pado
About pado
pado = parking re-invented & Data Marketplace for Mobility as a Service enrichment. pado developed a community parking app solution which transforms the parking challenge into a parking experience which will be integrated in (autonomous) vehicles and which will enrich MaaS (Mobility as a Service) Smart City solutions. The first reaction of most people is "There are already a lot of parking app solutions around!” but no currently available solution: 1) is based on the creation and the dynamics of a community; 2) has all existing parking slots worldwide as addressable market; 3) offers a great added value when integrated in vehicles and in the future in autonomously driven vehicles; 4) has a recurrent revenue model which can be extended with additional features. Lots of them have already been identified and will be added subsequently in a scattered way following the initial “static slot” offering concept and business model; 5) has the potential to enrich MaaS (Mobility as a Service) Smart City solutions with future data; 6) all of the above captured in a PCT pending patent containing 20 innovative claims. The alpha-level version of the pado app has been used to learn and improve the concept, to have the hypothesis on which the solution and business model is based confirmed and to receive valuable feedback from different user groups. The pado alpha Parking app, internet site and social media platforms are currently being further developed and optimised for launch to generate traction and matrixes needed to onboard (an) investor(s), proceed with native app developments and execute the go-to-market and to subsequently further develop the product offering and we are also looking for a series A investment to complete this.
Company Metrics
- Employees: 1-10
- Monthly Visits: None
- Tech Stack: None active products
Financial Information
- Estimated Revenue: Less than $1M
- Total Funding: 189005 EUR
- Last Funding: 10000 EUR (Pre-Seed)
- Funding Status: Seed
Technology Stack
pado actively uses None products in their tech stack.
Market Presence
Industries: Mobile Apps, Smart Cities
Headquarters: Worms, Rheinland-Pfalz, Germany