Spaceek
Spaceek eliminates the need to search for parking in city centers. The Company developed a unique sensor network which reduces 80% of deployment costs compared to other solutions and delivers real-time parking availability to drivers‘ mobile phones.
136% of funding target
Highlights
Highlights
Spaceek eliminates the need to seek parking in Smart Cities. The Company developed a unique IoT sensor network which reduces 80% of deployment costs and delivers real-time parking availability to drivers’ mobile phones. A successful pilot was completed in Kfar Saba, Israel, and the next milestone is other central business districts in Israel... and beyond. Please have a look at our impressive solution as featured on channel 10 in Israel (press CC for English subtitles) https://vimeo.com/135348454
1. Solution - An innovative, accurate, and practical solution to a problem everyone is trying to solve. The solution is special in that it solves all the core issues of other solutions which try to tackle the problem of finding parking in city centers:
- Saving drivers' time when looking for parking
- Optimizing parking resources in cities and garages
- Lowest deployment costs
Spaceek provides an accurate status of all parking spaces in the desired area, and in real time! The data is aggregated in the cloud, analyzed, and displayed to users looking for parking while providing accurate directions until the optimal parking space is found. The developed technology provides a solution at the lowest deployment cost available in the market today, enables fast deployment, and is not dependent on a critical mass of users.
2. Execution - In the past few months, the company has been running a pilot in Kfar-Saba city center (Israel) and is working towards expansion in Kfar Saba and additional cities in Israel. The pilot proved to be a success, with more than 30,000 parking events registered.
3. Market - The parking market is joining the digitalization revolution and attracting venture investments. A techcrunch reports shows that investments in parking technologies reached in 2014:
http://techcrunch.com/2015/02/06/vcs-battle-for-a-spot-in-the-parking-market/
Smart City initiatives are emerging and placing parking technology solutions at the forefront. According to a report by Navigant Research, the market for sensor powered solutions on-street alone is expected to generate $1.5B over the next decade.
4. Team - Our team is built out of passionate people that have many years of experience in developing innovative communication networks and creating mobile applications that served millions of users.
Pitch
Pitch
The Idea
Spaceek solves the problem of finding parking in city centers and private lots.
Our innovative sensor based technology enables us to cover large areas at minimal cost without any special infrastructure. The solution does not require a critical mass of users and enables navigation to public & private parking with smartphone apps. It is based on patent-pending technology which enables quick and easy deployment with the lowest total cost of ownership. The technology enables various advanced services at much lower deployment costs compared to existing solutions.
Our technology dynamically collects real-time parking data from mobile devices connected to our IoT network enabling the following benefits:
- Accurately directs drivers to parking in real-time using smartphones with hands-free navigation to the bay.
- Supplies Smart City parking management, data and insights using advanced per-space parking management.
- Direct value to drivers from day one (no critical mass needed).
- Accurate and real-time occupancy data.
- Advanced data analytics and insights.
- Lowest total cost of ownership.
- Easy deployment without a need for special infrastructure nor expert skill.
- Does not require power sources, wiring and roof tops for signalling systems.
- Differentiating indoors/outdoors navigation with no need for internet/GPS signals.
- Real time regulation information per space enabled by driver micro-positioning.
The company completed a successful pilot in Kfar-Saba (Israel) and is expected to expand further within the City.
Team
Team
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Biography
Itamar comes from the risk management background. He holds a B.A. in economics & business from the Hebrew University and a Masters in Finance from London Business School. Itamar studied and lived more than 6 years in the U.K. where he acquired an international experience and network. He has lately worked as a financial analyst at a high tech company in Jerusalem.
Itamar is Spaceek‘s financial expert and knows how to generate creative opportunities for the company. He is in charge of the daily operations and investor relations. |
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Biography
Tamir has more than 13 years of experience leading software development at various hi-tech companies such as Atrica, Nokia Siemens Networks, and Compass-EOS. He holds a B.Sc. in Computer Science from the IDC.
Tamir is an expert at developing real-time network communications, which is at the core of Spaceek‘s technology. |
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Biography
Eli has more than 40 years in the high-tech industry. He has served in key roles at various companies such as Scitex, Elronet, Applied Materials, HP, and more. Eli holds an M.Sc. in Computer Science from MIT, B.Sc.E.E from Technion, and he is a graduate of Harvard Business School.
Eli has much experience in the high-tech industry at marketing, strategy, and business development roles. |
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Biography
With already one exit behind him, Avi is an experienced entrepreneur in the mobile solutions world with an MBA from Hebrew University.
Avi chooses a target and reaches it! He is the guy that gets things done in the field. |
