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Answers to Parking Puzzle

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  • Description

    A Baltimore-based startup is helping to make parking more high tech.

  • Duration 3:04
  • Date

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This transcript is automatically generated

You're not seeing things that is a panda.

Well technically a person with -- -- mask on you get the point.

It's obviously -- -- -- and might seem a little strange it's less change after finding out that the person wearing it works for parking panda.

A Baltimore based startup that has nothing to do with -- -- but everything to do with making parking easier.

Our goal is to be sort of the go to place online for parking like Opentable -- for dinner reservations sort Ticketmaster is for concert tickets.

Just like your booking all those things in advance and they're sort of the go to spot we wanna do the same thing for parking.

Nick Miller Ryan Adams.

-- -- -- You might not see it but according to the -- a parting panned out there is cash buried in this -- -- Can -- Baltimore's federal -- so what happens in an area like this is.

You know lots of people leave for work and then they accident -- the history parking LP available to anyone during the day -- 6 o'clock at night.

No one can park -- without a permit so you know unless you own actually own one of these houses you can't park on the streets.

Miller estimates -- yeah 124 dollars per week -- for that spot.

Which adds up to around 12100 dollars a year so far they have over 2500 stock available in Baltimore and DT.

The two cities where the company currently operates.

On renting out private parking spot the company is working with commercially owned parking lot.

To help customers get the -- Right now what's not put people reduction puts little bit lower than they -- -- to try to entice customers apart here we also quickly learned that they were having the same problem just like your driveway sitting empty.

Half of their lot sitting empty so we can help fill that up and help people park and all those other neighborhoods of the city is just seemed like a perfect fit for what we -- -- And sometimes it's not about a discount.

But more importantly.

About getting this.

For instance this Thursday there's going to be a -- -- a fire concert at pier six pavilion and the slot we'll sell out go through four hours before -- -- no problem so we'll do that as well priced higher.

But they have the advantage of the customer is the book your spot know that you have that reserved parking -- -- five minutes before.

The company is planning to expand to Philadelphia Boston Chicago and San Francisco later this year.

And it's currently closing on a 750000.

Dollar round of seed funding.

Walking around Baltimore the guys talk about their company's beginnings at a local start of events and the support their hometown has shown them.

That offers a lot for start -- so first off the community really got behind us like we're we're doing this movement returns companies.

And and everyone not just the tech community that -- who have -- in general was really backing it you know in an area where there's a lot more companies.

You're you know kind of you know small fish -- -- big pond and here.

Your your name your brand is more recognizing people are supporting that recording in Baltimore I'm Christina Scott.

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