most people is "There are already a lot of parking app solutions around!” but no currently available solution: 1) is based on the creation and the dynamics of a community; 2) has all existing parking slots worldwide as addressable market; 3) offers a great added value when integrated in vehicles and in the future in autonomously driven vehicles; 4) has a recurrent revenue model which can be extended with additional features. Lots of them have already been identified and will be added subsequently in a scattered way following the initial “static slot” offering concept and business model; 5) has the potential to enrich MaaS (Mobility as a Service) Smart City solutions with future data; 6) all of the above captured in a PCT pending patent containing 20 innovative claims.

The alpha-level version of the pado app has been used to learn and improve the concept, to have the hypothesis on which the solution and business model is based confirmed and to receive valuable feedback from different user groups.

The pado alpha Parking app, internet site and social media platforms are currently being further developed and optimised for launch to generate traction and matrixes needed to onboard (an) investor(s), proceed with native app developments and execute the go-to-market and to subsequently further develop the product offering and we are also looking for a series A investment to complete this.