Loop Parking Technologies Inc. (Accelerator)

Funding Details
Awarder
PlugAndPlayTechCenter
Date Award
May 15, 2024
Funding URL
View Funding Page

Company Info
Company Description
At Loop Parking, we envision a world where urban parking is no longer a hassle but a seamless experience. Loop parking is backed by Founder Institute, Communitech, Innovation Guleph, Treefrog Accelerator, InvestBrampton etc. Loop Parking is a B2B2C we developed ParkSense+, an AI-driven real-time parking detection system that transforming urban chaos into seamless experiences. With license plate recognition, real-time parling violation alerts, and real-time parking availability, ParkSense+ makes enforcement smarter and cities more efficient. In a successful Newmarket pilot with the support of Rogers Communications , it proved affordable and user-friendly, outperforming ground based sensors. Beyond on-streets, it enhances accessibility at train stations, hospitals, malls, and more. Received Government Grant . We are also got selected as one of the Top 5 Canadian startup for the Fast Track Cities challenge by Communitech. Join Loop Parking in reshaping urban parking—safer, smarter, and accessible. Let's create a future where finding a parking spot is no longer a nightmare.

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