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§ Private Profile · Moscow, Russia
Parkly is a technology company.
Parkly develops modular urban space systems, providing adaptable solutions for reclaiming and enhancing public areas. Their primary offering, Parkly Parklets, transforms underutilized urban spaces into vibrant, green, and welcoming environments. These systems are designed with flexibility, enabling cities and communities to quickly deploy and reconfigure public seating, planting, and social zones to suit various needs and events, effectively turning parking spaces or neglected spots into engaging community assets.
The company was co-founded in 2021 by Päivi Raivio and Daniel Bumann. Their collaboration emerged from a shared background in urban design, particularly their prior work together at RaivioBumann and engagement in tactical urbanism projects. This experience cultivated a deep insight into the potential for redesigning streetscapes and reimagining public spaces, driving their mission to create more functional and inclusive urban environments for people.
Parkly's products are adopted by municipalities and urban developers seeking to enrich city life and foster community interaction. The company envisions a future where urban areas are greener, more livable, and inherently sociable. By providing tangible tools for transforming cityscapes, Parkly aims to contribute to the creation of sustainable, human-centric cities that prioritize well-being and connection among residents.
Parkly has raised $700K across 1 funding round.
Parkly has raised $700K in total across 1 funding round.
# Parkly: High-Level Overview
Based on available search results, there are multiple companies operating under the Parkly brand, each serving distinct markets within the broader transportation and urban development sectors.
The primary Parkly entity relevant to technology is an Egyptian parking management platform founded in 2020 that provides intelligent parking solutions for drivers and parking facility operators[1]. This company uses AI and image recognition technology to automate parking access and vehicle management[4]. A secondary Parkly operates as a modular urban furniture system designed in Finland and Switzerland, focused on transforming public spaces into green, community-gathering areas[3]. Both companies address urban mobility and space utilization challenges, though through fundamentally different approaches.
# Origin Story
Parkly (Parking Technology) was founded in 2020 in Cairo, Egypt by Ahmed El-Mansy, a software engineer and project manager, with advisor Abdelbaset Elmansy and Dr. Hossam Abbas[1]. The founders identified an unmet need in Egypt's transportation sector: despite longstanding concerns from both governments and citizens, no efficient parking solutions existed locally. This gap inspired their vision to create fully integrated smart parking systems that would reduce friction for both drivers and parking facility owners[1].
Parkly (Urban Furniture) emerged from principles of tactical urbanism, designed and manufactured in Finland and Switzerland with a focus on sustainable urban development and community engagement[3]. This venture reflects a different origin story rooted in placemaking philosophy rather than technology entrepreneurship.
# Core Differentiators
# Role in the Broader Tech Landscape
The parking technology variant addresses a critical urban challenge: as cities grow denser, efficient parking management becomes essential infrastructure. Automated number-plate recognition and AI-driven access control represent a broader trend toward smart city solutions that reduce congestion and improve user experience[4].
The urban furniture variant taps into the growing movement toward sustainable cities and tactical urbanism—the idea that incremental, community-driven interventions can reshape public spaces more effectively than top-down planning. Both Parkly entities reflect how technology and design are converging to solve urban livability challenges.
# Quick Take & Future Outlook
Parkly's dual identity—as both a software platform and a physical design system—positions it at the intersection of digital transformation and sustainable urbanism. The parking technology platform has potential to scale across emerging markets where parking infrastructure remains fragmented and inefficient. The urban furniture system appeals to municipalities and real estate developers seeking cost-effective, community-engaged approaches to placemaking.
The timing favors both ventures: governments increasingly prioritize smart city infrastructure, while urban planners recognize that sustainable, human-centered design drives economic and social value. As cities worldwide grapple with congestion, emissions, and public space quality, companies addressing these challenges through integrated, technology-enabled solutions are likely to see growing demand.
Parkly has raised $700K in total across 1 funding round.
Parkly's investors include FinSight Ventures, Ivan Dubrovin, Elena Volotovskaya.
Parkly has raised $700K across 1 funding round. Most recently, it raised $700K Seed in December 2021.
| Date | Round | Lead Investors | Other Investors | Status |
|---|---|---|---|---|
| Dec 1, 2021 | $700K Seed | FinSight Ventures | Ivan Dubrovin, Elena Volotovskaya | Announced |