ParkWhiz's product is simple, a searchable directory all the available parking in a city. Type in the address of your destination and you will see a map of all the parking options, complete with cost and the hours it is available. But in addition to conventional parking garages, the ParkWhiz directory is open to anyone who has owns a parking spot (or even a driveway) and wants to make it available for rent.
ParkWhiz was started by Aashish Dalal and Jon Thornton. The company began out of Aashish's own frustration finding parking around Chicago. Meanwhile, Jon Thornton was a student of a professor researching ways to improve the discovery of available parking. Aashish discovered this research when exploring the business idea and ParkWhiz was born.
Dimensions: ~5 people x 6 months (2006) x $NDA
Funding: $10K FastPitch competition, Navteq LBS challenge, and private
Customers: Anyone who drives and has trouble finding parking
Location: Chicago + www.parkwhiz.com
