ParkTAG raises €500K to make finding parking less painful

By Editor July 7, 2014

ParkTAG phonesParkTAG, a Berlin-based startup that offers a parking discovery app for urban drivers, has pulled in €500,000 in Seed funding from Germany’s High-Tech Gründerfonds (HTG). The company offers a parking swapping platform that let’s users report when they’re leaving a spot to other users around them. It also includes features like a car finder feature in case a driver forgets where they parked, and a reminder when a parking meter is going to expire.

It was started in 2012 by CEO Silvan Rath, and this is its first outside funding.