JomParkir, a startup providing smart parking solutions in Malaysia, has secured an undisclosed amount in Series A round from South Korean VC firm TheVentures.
As part of its strategic collaboration, JomParkir will capitalise on Korea’s advance technology to be a vehicle-to-everything (V2X) tech company in Southeast Asia.
Founded in 2017, JomParkir aims to provide a range of inter-related parking services. This includes:
JomParking: a smart parking app that provides a hassle-free parking experience. The app provides cashless payment options and is available for both on-street and off-street parking.
JomForce: a system that enables enforcers to validate parking transactions more efficiently via real-time reports.
JomValet: a mobile app for valet operators to manage their parking services more competently.
JomAgent: a digitalised portable e-ticketing system that provides an eco-friendly solution and allows local councils to reduce their CAPEX and OPEX by 20 per cent.
Habizar added that JomParkir wants to spearhead the parking industry’s transition and contribute towards making Malysia a smartcity.
To make this a reality, the company is also working with large agencies such as MARii, Cyberview, MDEC, MaGIC and Cradle.
Currently, JomParkir has over 400,000 registered users on its app. It has over 20 sites nationwide and two sites globally — in Saudi Arabia and Sri Lanka.
It also claims to have recorded a 200 per cent growth rate since 2018.
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