Every day thousands, perhaps even millions of people drive around town frustratingly looking for convenient and affordable parking.  This is especially true in the neighborhoods outside of downtown areas, where there aren't many commercial options available. At the same time, there are plenty of home owners, condo owners, businesses, and real estate companies that have parking they don't use all the time.  Unfortunately, it has been difficult for them to make it available to the public.  That is, until ParqEx. ParqEx is a technology platform - accessible via smartphone and the web - that makes it easy and safe for owners to put their spots on the market, and provides drivers with immediate access to this exclusive inventory.  Now they can find that hidden gem of a spot near their friend's house, all while the owner earns some extra income. ParqEx is the private parking marketplace that is solving the urban parking dilemma.

1. parqex.com
PARQEX
The Private Parking Marketplace
February, 2016

2. parqex.com
The Problem

3. parqex.com
Inadequate Parking Supply to Meet Demand
In Downtown Areas, Parking is Expensive
In Neighborhood Areas, Parking is Inconvenient
No Easy Way Exists to Add Private Parking to the
Public Supply

4. parqex.com
The Solution

5. parqex.com
ParqEx Facilitates a Peer-to-Peer Market for
Parking
Residents & Local Businesses
with Under Utilized Spots
Drivers Searching for Parking
Earn
Income
Better Parking
Experience
Value Proposition

6. parqex.com
ParqEx Uses Multiple Interaction Channels
Mobile App
(Apple & Android)
Smart
Watch
Car OEMsWeb App
Today Tomorrow

7. parqex.com
Start: Owner Lists A
Spot
Renter Finds &
Reserves The
Spot
Renter Leaves
The Spot
Renter Parks
In The Spot
Notifications
To Both Parties
Ratings &
Reviews
Process
$15/day
Once or Twice
Monthly
Payments

8. parqex.com
Accessing Supply in Secured Garages
Access+
Garage Door Opener
Open Doors Using Smartphone
• Permanent Access to Residents
• Temporary Access to Renters
Many private spots are
inaccessible without an opener
(fob, transponder, keycard, etc.)
Access+ offers owners added
convenience, security, and the
chance to rent or share their spot

9. parqex.com
The Market Opportunity

10. parqex.com
The Sharing Economy is Now Big Business
Markets Being Disrupted Include:
Transportation
Learning
Services
Space
Money
Delivery
ParkingThe Next Market:

11. parqex.com
The Parking Market Offers A Large Opportunity
=
=
~$4B
~$100B
Total Parking
Market
ParqEx-Relevant
Spots
~600k –
1M
~15M –
25M
ParqEx-Relevant
Market Size (Max)
~$324M –
$540M
~$8.1B –
$13.5B

12. parqex.com
The Team

13. parqex.com
ParqEx Management Team
Vivek Mehra – CEO / CTO
Over 18 years of technical leadership experience as a developer, architect, CTO, Director, and Founder. Has worked
for Fortune 500 and start-up companies, including 2 successful exits.
Matt Schaefer – COO
Over 15 years of experience in operational and consulting leadership roles after career start as an engineer. Has
focused on enabling growth for small- to mid-sized businesses the last 8 years in operations and sales/marketing
roles.
Purabi Jerath – Director of Marketing
Over 12 years of marketing experience in delivering double-digit top line growth in consumer categories like food,
hair care, and technology. In-depth experience with brand and equity building, vendor management, event planning,
new product development, and campaign & promotion management.
Devin Bates – Director of Sales
Experienced sales rep who graduated to sales management through strength of performance and leadership skills.
Launched ShareASpot peer-to-peer parking service, gaining invaluable experience and sales leads.
Nirav Shah – Director of Finance
Tax and accounting professional with experience spanning Big Four accounting firms, startups, multiple industry
sectors, and various business models.

14. parqex.com
Thanks!
Contact us to learn more.
www.parqex.com
info@parqex.com