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Despite being one of the world economy’s largest business sectors, the real estate industry has seen surprisingly little technological transformation — particularly when compared to verticals like energy, transportation and financial services.

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.

The post Real estate tech is about to get huge — and these 10 Chicago companies are leading the way appeared first on ParqEx.

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.

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The post BuiltInChicago: This startup lets strangers into your garage (but in a good way) appeared first on ParqEx.

The post ChicagoInno: How Are Parking Startups Preparing for a World With Driverless Cars? appeared first on ParqEx.

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The post How One Chicago Startup Aims to Solve the ‘Airbnb for Parking’ Puzzle appeared first on ParqEx.