Parking Panda
| Company type | Private |
|---|---|
| Industry | Parking, Technology |
| Founded | 2011 |
| Founder | Nick Miller, Adam Zilberbaum |
| Defunct | April 2017 |
| Fate | Acquired by SpotHero |
| Headquarters | Baltimore , United States |
Area served | United States, Canada |
Key people | Nick Miller, Adam Zilberbaum |
| Products | Digital parking platform, mobile and web applications, parking management tools |
| Parent | SpotHero (from April 2017) |
| Website | parkingpanda |
Parking Panda functioned as a digital parking platform that allowed users to locate and book parking spots ahead of time via both mobile and web-based applications. In addition, it supplied parking garage operators with tools for managing their available spaces. Established in 2011 by Nick Miller and Adam Zilberbaum, the company was headquartered in Baltimore, Maryland and primarily served the North American region, including the United States and Canada.
In April 2017, SpotHero acquired Parking Panda, a strategic acquisition that extended SpotHero’s footprint into the Canadian market and boosted its portfolio to encompass over 5,000 parking locations. Post-acquisition, Parking Panda maintained its own reservation system for a transitional period before fully merging its services under the SpotHero brand. This integration strengthened SpotHero’s position in the online parking sector by expanding both its service range and geographic coverage.
History
Parking Panda was launched by Nick Miller and Adam Zilberbaum during the inaugural Maryland Startup Weekend in 2011. After securing victory at this event, they participated in the first ER Accelerator Summer 2011 program held in New York City. Throughout this incubation phase, they built their initial online and mobile platform that enabled users to book daily parking spaces, which subsequently evolved to include monthly and event-specific reservations at private garages, lots, and valet services.
Services
The company provided an online booking system accessible through complimentary iOS, Android, and Windows apps. Moreover, it offered a management solution for parking facility owners aimed at enhancing operational efficiency.
Partnerships
Parking Panda forged significant alliances with garage proprietors, corporations, event organizers, and venues. Prominent partnerships involved Amtrak, MLB.com, professional sports franchises across the country, the Target Center, and the Verizon Center, thereby amplifying its market reach and broadening its customer base.
Media coverage
The company attracted media attention from leading outlets such as the New York Times, Wall Street Journal, Mashable, Slate, and Tech Crunch, which featured its innovative approach to parking solutions and business strategy.