Parkable, the New Zealand-based parking optimisation start-up, has appointed David Brain as Chair as it gears up for its series B fundraising and scales its world leading operations beyond New Zealand and Australia.
Parkable employs 40 staff, delivering parking software solutions for companies and individuals. It has recently expanded its offer to include EV charging management and payment systems, which has seen the company make significant advances in the UK, as that market transforms for the electrification of motor transport.
“I’ve been an investor and Advisory Board member of Parkable for four years and have seen the team grow from eight people in a crappy, leaky and cold building at Britomart into one of New Zealand’s brightest tech prospects”, said David Brain.
“They are a brilliant group, really well-led and surrounded by some of the smartest advisors and most successful investors in the country, so it is a privilege to be asked to Chair the business. We’re gearing up for the next round of fundraising, which will see Parkable expand its bridgeheads in the UK and US and consolidate leadership in Australia and New Zealand, so it’s a very exciting time for the company,” he added.
David Brain is a Chartered Member of the New Zealand Institute of Directors and is also on the boards of ASX listed Enero and media company The Spinoff, and chairs New Zealand charity Share My Super. He is also co-founder of research start-up Stickybeak. Previously he has had a global career in PR and advertising, most recently with the world’s biggest PR firm, Edelman, where he ran Europe and then Asia-Pacific businesses and sat on the New York-based holding company board.
Parkable CEO Toby Littin said: “David has been with us from the early days, and along with the rest of the Advisory Board, has helped us through some tough times and guided us through the accelerated growth we’ve been experiencing recently.
“His global business experience, international contacts and governance advice have been invaluable, and we expect to need a lot more of that in the next couple of years. We have brought him in closer to chair the Advisory Board and help us mature the ways in which we operate and help us manage relationships with all our constituencies.
“It's the right time to make this step because next year we expect to be raising significant sums of money; as the business grows and matures so do our governance, reporting, and communications requirements, and David's leadership is invaluable in each of those areas.”
Other Parkable Advisory Board members include Jason Kilgour and Josette Prince, and investors include Rowan Simpson, Spark (NZ’s largest telco) and NZGCP (formerly NZ Venture Investment fund - the NZ government venture arm).
Parkable has been solving problems for businesses in Auckland for two years. It's an app that dynamically matches your parking real estate with parkers.
I flew to Melbourne to attend and speak at the 2020 Facilities Management Summit, where the focus was on digital technology and human experience. Here are my four top takeaways from the conference.
Calling all electricians and EV charger installers! Get an edge on the competition by pairing smart EV chargers with Parkable's EV charger software. Offer easy payments and management to your clients.
At Dentsu Aegis’s Diversity & Inclusion Council meetings, parking was continuously brought up as a source of frustration among staff. Not only was parking impacting staff satisfaction, but it was impacting workplace efficiency as well.
Aurecon has around 250 staff at its Newmarket office. However, with just 58 on-site parking spots, staff and visitors were struggling to park. Aurecon has now launched Parkable to improve their parking experience!
Post-Covid, what does the future look like for the sharing economy? CEO Toby Littin shares his thoughts on why recessions are great for the sharing economy - at least in some industries.
When RB had its staff car park reduced, it was concerned they would have to remove access from some employees, or find another to lease. With Parkable, no employee misses out on parking, and RB has no additional lease costs.
When Fulton Hogan in Brisbane changed their office lease, parking spots were suddenly scarce. To increase staff satisfaction and optimise their car parks, Fulton Hogan launched Parkable.
You can only do better with what you measure. This mantra is true in all lines of work, and with all kinds of resources - including car parks.