Press

Article by The Leaders Globe covering how ParqEx, a Chicago based technology start-up provides a solution for a complex urban parking problem using their proprietary parking technology platform. Read about the founder’s journey in this article by The Leaders Globe.

ParqEx launches Access+ Premium with License Plate Recognition.
CHICAGO, Illinois – June 3, 2020 – ParqEx announces the launch of their Access+ Premium product offering.

In 2015, ParqEx launched Access+ – a proprietary technology to open gates, garage doors, pedestrian doors, electronic/magnetic locks, control elevators, and more. Access+ Premium with License Plate Recognition (LPR) technology further enhances the value provided to real-estate property owners and managers by improving the security at the property while also improving the access experience for vehicle drivers when they enter or exit the property.

ParqEx announces a project with a locally-connected entrepreneurial hub, StartingBlock, and a pilot with the City of Madison at the City’s newest public parking garage at S. Livingston and Main Street, adjacent to the Spark Building at 821 E. Washington Avenue.

ParqEx made the The 20 Most Admired Companies of 2018 list. Founded in Chicago in 2014, ParqEx is “The Smart Parking Platform”. Property owners and managers use this proprietary technology to increase the value of their parking real estate, which is often difficult to manage by using traditional methods. ParqEx gives these entities the tools to increase their income, reduce costs, provide new facilities, and lower management costs and efforts depending on the individual needs of each property.

As an entrepreneur, you face many challenges that demand your time, attention, and can contribute a large burden on your work and how you manage it.

Sharing his insights on defining creativity, Vivek Mehra, Founder & CEO at ParqEx implies, “Creativity is one’s ability to find

ParqEx formed as a response to a basic problem: the lack of available parking in Chicago. Every property is different; therefore, we have built in the flexibility to deliver value in multiple ways with little to no investment required.

ParqEx recognizes the real estate gap and has a technology solution to fill it.

Mobility tech companies pitch at Startup Milwaukee’s Emerge.

Chicago-based brokerage Kiser Group yesterday hosted a Mid-Market Summit, drawing approximately 175 professionals to the City Winery in Chicago’s Fulton Market District.

The 20 Most Innovative IoT Companies to Watch 2018’ The 20 Most Innovative IoT Companies to Watch 2018 ParqEx is a technology company that connects owners of private parking spaces to people looking for parking. In urban areas where parking demand is high but options are scarce or expensive, ParqEx helps the driving public by…

Virginia Tech parking needs to become more ‘smart’ Virginia Tech parking needs to become more ‘smart’ ParqEx solves the main headache of most urban drivers: finding a vacant spot. With access to private spots only found on the app, drivers can look for available parking in any area and reserve that spot. Have a private…

ParqEx loves featuring guest writers, especially when they have a mission to share the belief on what ParqEx is and how it is great for communities. If you’re interested in CEO & CFO’s stories you’ve come to the right place! This week, we’re proud to feature an interview with Vivek from Lynne Fosse at CEOCFO Magazine.…

Do you really need another parking app? The service differs from other parking apps like SpotHero and ParkWhiz, which primarily list public parking facilities or valet services. Parkers and spot owners also can communicate directly through the app. ParqEx’s innovative internet of things tool called Access Plus allows renters and approved users to open a…

No car needed: Homeowners get creative with alternative uses for parking spots. “Depending on the location and city, the type of property regulations vary, and the owner is responsible to check these before they rent parking on the platform,” Mehra said. ParqEx operates in multiple cities, including Chicago; Washington, D.C.; Los Angeles; Boston; and Miami.

The List of The 50 Best Small Companies to Work For of 2017 by Comparably.com was released to end the month of November, which is featured in a Business Insider Article article.

The List of Top 50 CEO’s Ranked by Comparably.com was released to end the month of November, which is featured in a USA Today article.

This founder learned his most important lesson for success from his worst boss. ParqEx CEO Vivek Mehra says listening is the best way to improve your company.

Tech in Motion Chicago announced at its Third Annual Timmy Awards, which recognizes the top workplaces for tech professionals.

As a Top 10 Finalist in Consumer Services ParqEx needs your vote to win! In addition, we need everyone’s help to become the People’s Choice Award!

We are proud to be named one of the Top 50 hottest technologies by BuiltWorlds of the Mobility sector! Continually striving to make parking more seamless and integrated everyday.

Chicago’s 10 Coolest Companies of 2017 made by Chicago Inno. It’s a culmination between the reader’s choice selections in addition to voters from around the Chicago community.

Tricia Meyer interviews Vivek Mehra from ParqEx on Business Breakthrough Startup Stories. Vivek Mehra is the CEO and Founder of ParqEx. ParqEx is a private parking marketplace that connects people with underutilized parking spaces to people looking for parking.

ParqEx featured on NBC’s Tech Trends with Art Norman and Charlie Wojciechowski! Such an awesome experience! #Tech #TechTrends #NBC

See which neighborhoods in Chicago are becoming the hubs for tech innovation: 

10 reasons why college grads should consider entry-level sales jobs

ParqEx CEO, Vivek Mehra, explains the benefits of working at WeWork

Apps including ParqEx show that there’s revenue in renting out private parking spaces—and urban planners like it.

The nonprofit Center for Neighborhood Technology has worked with ParqEx, a company that connects people with underutilized parking spots.

With the Chicago Auto Show in town this month, it’s a good reminder that the Windy City has quietly positioned itself as a hub for automotive innovation.

Gener8tor, a startup accelerator that has held programs in Wisconsin and Minnesota.

The company is based in Chicago, with over 12,000 active users on its platform each month. And the app has over 2,000 listings for available parking spots in the city.

House of Vans is working with West Loop start-up ParqEx to develop a parking plan for its House of Vans event

A new parking app developed by the Chicago-based startup ParqEx will launch in Milwaukee and Madison this spring.

ParqEx CEO, Vivek Mehra, hates parking – so he started a parking company.

Check out Chicago’s hottest tech startups that made the finalist list for ChicagoInno’s Tech Madness tournament!

Great article by John Van Horn featuring ParqEx and the big things we are doing here in Chicago Airbnb style.

A new parking app, called ParqEx, is setting up shop in Milwaukee and it hopes to solve some of the city’s biggest parking issues.

ParqEx was named to Built in Chicago’s list of top 50 startups to watch for in 2017.

The round was led by Venture Management Partners and Wisconsin Investment Partners, both of Madison, along with investment from startup accelerators Elmspring and gener8tor.

ParqEx’s software lets people charge others to park in spots they own while they’re away—think Airbnb for parking.

ParqEx, which allows parking owners to rent out their spaces to other drivers, raised a $1.27 million seed round.

ParqEx, the Chicago-based company that lets people rent out their private parking spots, has raised more than $1 million, the company said.

Find out how ParqEx can help you get through the bone-chilling winter.

The ParqEx App, created here in Chicago has been recognized as one of the city’s top tech start-ups.

Are you a condo owner? You can be making money off your parking spot.

ParqEx COO, Matt Schaefer, featured at the Chicago Tribune Blue Sky Social event.

ParqEx was named to ChicagoInno’s list of top 16 B2C Companies in Chicago.

Exploring Today’s Mobile Landscape

ParqEx, along with 5 other gener8tor companies will present in Milwaukee.

ParqEx was one of six companies highlighted at the gener8tor Premiere Night in Milwaukee.

ParqEx was one of ten companies chosen to participate in Elmspring’s Accelerator program.

ParqEx listers in Wrigleyville boosted their prices this weekend in hopes to make a killing off their parking spots.

ParqEx, The Private Parking Marketplace, saw massive growth this weekend due to Cubs World Series games.

ParqEx was named top entrepreneurial company in America by Entrepreneur Magazine.

Meet the 150 finalists for Chicago’s 2016 list of 50 on Fire.

VentureFWD: Vivek Mehra speaks on Technical Leadership.

ParqEx was named “Best Chicago Tech Startup” at Tech in Motion’s 2nd Annual Timmy Awards

A member of Elmspring’s 2016 class, ParqEx matches real estate developers and private homeowners with drivers looking for parking spots. Its goal is to ease the pain of parking in neighborhoods like the West Loop, Bucktown and Wicker Park, where few commercial options are available — and letting homeowners make a little extra money on the side, too.

Startups do not go out of business, they run out of money. Chicago has some of the greatest startups in the world because they build companies that have a quick path to revenue. Startups in major tech hubs tend to focus on growth first and foremost regardless of revenue let alone profits. Chicago startups put revenue first and are diligent in raising financing when needed, not just because they can. A practical approach in the city that is second to none. Here are the hottest startups in Chicago.

Tom Sosnoff, host and CEO of TastyTrade interviews Vivek Mehra of ParqEx on Bootstrapping in America.

How interns shape the culture and tech of 20 Chicago companies  

News – ParqEx is crowned finalist for Chicago’s Techweek Launch competition.  

ParqEx, a Chicago startup that’s built a private parking marketplace, sees a lot of potential when it comes to driverless cars.

Recap of Techweek Chicago’s 2016 Launch Pitch Competition Featuring ParqEx!

ParqEx is solving parking problems in wicker park and bucktown

Chicago Startup ParqEx – Parking for the Sharing Economy

Uber for parking ParqEx: ParqEx lets drivers find available private parking spaces, and lets home owners or apartment renters earn money on their parking spaces by listing the spot on ParqEx’s platform.

IL Daily Herald: ParqEx Joins West Loop Community Organization and Launches Initiative to Improve Parking in that Area

PRWEB: Technology Companies ParqEx and ShareASpot Join Forces to Solve Urban Parking Crunch

ParqEx Advances In Hyatt / Fast Company Pitch Competition. Last week, our COO Matt Schaefer delivered the elevator pitch of a lifetime. In partnership with WeWork (our favorite coworking space!) Hyatt and Fast Company recently hosted a Pitch It To Win It contest. Forty startups were invited to enter: 20 pitched their business idea in Chicago and 20…

ParqEx – This app is the airbnb of parking. It was created to alleviate the major anxiety that goes along with trying to find a parking spot in a big city; even if you can find one, that’ll be $87 and your soul for three hours of parking please. ParqEx is unique in the way that it connects those in need of a spot, with individuals that have one at their disposal and aren’t utilizing all of the time. In this way, it allows the spot-owner to capitalize on their hard-earned spot, and make some extra cash while they’re not using it.

Don’t have time to scour the city for some decent parking? Vivek Mehra, founder and CEO of ParqEx, wants to bring parking straight to your smartphone, and allow you to find the right spot in the right neighborhood for the right price.

Finding a parking space in Wrigleyville on game day is best described

Thanks to the plethora of today’s on-demand startups, it’s never been easier to get the things you need sent right to your door.

ParqEx is like Airbnb, but for parking spaces. “I live in downtown, and I always found when I left my parking spot and went to other locations, my spot was just sitting idle and doing nothing,” says Vivek Mehra, founder of the Chicago startup.

Chicago Startup ParqEx is quickly becoming a hotbed for private parking. The city is home to SpotHero and ParkWhiz, two popular venture-backed apps that help you find affordable deck Chicago parking and cities across the country.

“Sharing is the right choice” is a mantra one often hears a mom saying at play dates and in playgrounds to fussy little toddlers who are trying to exert independence and struggling to share their toys.