Beep beep! Here’s Soul Parking. This Indonesian startup is building efficient and sustainable parking solutions. Now, they’ve just raised a Series A extension!

• They’ve onboarded over 100 partners like property owners and management companies.
• They’ve processed 20M+ parking transactions annually.

Investor check. AC Ventures and AppWorks co-led the round. Taiwan Mobile, USPACE and Wavemaker Ventures also joined in!

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🚙 How it works

They help maximize space and increase overall income for parking operators. It’s also a seamless, cashless, and safer parking experience for drivers.

• They can convert a 60m2 area into multi-level parking.
• Their elevated parking system ensures that every parked vehicle is covered by insurance and each parking area is monitored by CCTV.

Compact Motorcycle Storage (CMS). These are portable multi-level parking solutions for two-wheeled vehicles.

Soul Parking Operating System (OS). It’s a cloud-based software that digitizes existing parking structures by providing transparent data sharing for both two- and four-wheeled vehicles, giving clients real-time data analytics and insights.

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🚲 What are we driving towards?

They’ll deepen their presence in existing markets and expand new geographical areas and cities with high density!

• They’ll also hire new team members, improve their products, invest in marketing, grow to a larger number of vehicle types, and explore new opportunities in the electric vehicle space.