# WeSmartPark

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/wesmartpark

- Industry: Internet
- Headquarters: Barcelona, Spain
- Website: www.wesmartpark.com
- Total disclosed funding: $0.3M
- Latest round: Seed (Aug 30, 2017)
- Investors on record: 4

## About

WeSmartPark provides innovative solutions for urban parking, optimizing mobility by connecting drivers with available spaces through a digital platform, enhancing convenience and efficiency in major cities.WeSmartPark, founded in 2013 in Barcelona, Spain, specializes in urban parking solutions. The company was co-founded by Damián Britos, Facundo Del Castillo, Gustavo Fernández, Jaume Agell, Manuel Guzmán, and Sebastián Backhouse. Jaume Agell and Sebastián Backhouse currently serve as CEOs. The company has secured a total of USD 0.25 mn in funding through three deals, with the most recent being a Seed round on August 30, 2017, led by MetaProp. This funding has allowed WeSmartPark to expand its offerings in the urban mobility sector.WeSmartPark primarily offers innovative parking solutions aimed at optimizing urban mobility and addressing the challenges of parking availability in major cities. Their core product is a digital platform that connects drivers with available parking spaces in real-time, facilitating seamless transactions and reducing the time spent searching for parking. This service caters to diverse user segments, including daily commuters, tourists, and local residents in metropolitan areas such as Barcelona, Madrid, Bogotá, and São Paulo. The platform enables customers to reserve parking spots in advance, ensuring convenience and efficiency for both individual users and businesses in the transportation sector.WeSmartPark generates revenue through a model that includes both direct-to-consumer and B2B transactions. Clients, ranging from individual users to commercial establishments, engage with the platform primarily through subscription services or pay-per-use fees for parking reservations. Businesses may also enter partnerships to access bulk parking services for their employees or customers, enhancing their operational efficiencies. The pricing structure includes various plans tailored to different user needs, though specific pricing details are not disclosed.WeSmartPark intends to leverage recent funding to enhance its technology and expand its service offerings. The company is focused on developing additional features for its digital platform, aimed at improving user experience and efficiency. Moreover, WeSmartPark plans to target new markets in Europe and Latin America for expansion, with specific initiatives set for deployment by 2025. The latest funding of USD 0.25 mn will support these strategic growth initiatives.

## Funding rounds

- Seed, Aug 30, 2017, $0.3M — MetaProp
- Series A, Jan 1, 2017 — Center for Technological & Industrial Development, MetaProp, B4Motion, Repsol S.A.

## Investors

- Center for Technological & Industrial Development (https://capitalatlas.ai/funds/center-for-technological-industrial-development) — Series A
- MetaProp (https://capitalatlas.ai/funds/metaprop) — Series A, Seed
- B4Motion (https://capitalatlas.ai/funds/b4motion) — Series A
- Repsol S.A. — Series A