French online car parking booking platform Onepark secures €15M funding

French online car parking booking platform Onepark secures €15M funding

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OnePark, a French startup is a mobile app and online platform facilitating car park booking. It lets you compare, pay and book for the parking space in advance. It was founded with the intention to save the time that you spend looking for a car parking space.

In the latest funding round, OnePark raised €15 million from AccorHotels, a leading global hotel chain with nearly 4700 hotels spread across 100 countries. Besides AccorHotels, Groupe ADP, Keolis and business angels Christophe Courtin and James Blouzard also took part in the round. Prior to this, the company raised €12 million investment from Keolis in November 2017. This funding was meant to expand its presence to major European cities.

Accelerate growth

With the latest investment of €15 million, the company aims to accelerate its development across Europe and expand its services in the operational markets. Also, it is all set to launch its service in Portugal soon.

By 2023, this French startup aims to have over 5,000 parking lots and 100,000 parking spaces. It also plans to increase its team by another 100 in 2019 to realize this vision.

Reserve parking spaces in advance

OnePark was founded in 2014 by David Vanden Born and Gilles Latouche to let drivers compare and reserve parking spaces in advance. It had partnered with parking managers in cities, airports, railway stations and hoteliers so that its users get available parking spaces. Already, 250 establishments of AccorHotels and 40,000 parking spaces in Paris airports offered by Groupe ADP use Onepark’s platform.

Operates in many European countries

As of now, Onepark offers over 1,500 parking spaces across Europe. It has 1,000 spaces in France, 100 parking spaces in Spain, 50 in Belgium and some in the Netherlands, Luxembourg and Switzerland. It is touted that it sells over 100,000 hours of parking per day. When it comes to the competition front, Onepark faces a stiff challenge from Spanish Parclick, Swedish EasyPark and French Zenpark, OPnGO and Yespark offering a similar service.

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