A New Digital Layer for Parking Real Estate
AirGarage is reimagining parking as a tech-enabled real estate asset. The startup has developed an end-to-end platform that integrates payments, enforcement, dynamic pricing, and operations — all built in-house and powered by real-time data and machine learning.
With the latest $23M Series B raise, the company plans to deepen its footprint and expand product capabilities, reinforcing its thesis: parking is a massive but overlooked vertical ripe for digital transformation.
A Startup Origin Story Turned Industry Disruptor
AirGarage was founded by Scott Fitsimones, Chelsea Border, and Jonathon Barkl to address their own struggles finding parking near Arizona State University. What began as a driveway-sharing marketplace soon evolved into a broader mission: turning underutilized parking assets into streamlined, revenue-generating infrastructure for property owners.
After initial traction with churches and small businesses, the company now manages hundreds of sites across the US, from urban garages to surface lots at mixed-use developments.
Get Smarter about what matters in CRE
Stay ahead of trends in commercial real estate with CRE Daily – the free newsletter delivering everything you need to start your day in just 5-minutes
The Tech Stack: Built for Modern Parking
Unlike traditional parking operators, AirGarage builds all its tech in-house, including proprietary license plate reading cameras made in the US. This approach enables a seamless system where drivers are automatically checked in and out, eliminating the need for gates, tickets, or third-party apps.
AI powers dynamic pricing models that adjust rates based on real-time demand, while property owners access dashboards with live data on performance and usage.
Why It Matters
Parking may seem low-tech, but it’s a multibillion-dollar component of real estate portfolios. Historically fragmented and under-optimized, the segment is now being digitized, with operators like AirGarage leading the charge.
Real estate owners are increasingly looking for smarter, more flexible ways to monetize parking assets, especially as remote work reshapes urban demand patterns. The promise of higher yields, less operational friction, and real-time control is attracting landlords and institutional players alike.
What’s Next
AirGarage plans to invest heavily in sensors, cameras, and software to make the physical world legible to digital systems. The end goal: a real estate asset management platform where parking becomes a data-rich, AI-optimized engine for revenue and operational clarity.
As buildings become smarter and demand shifts, AirGarage is positioning itself as the digital backbone of a traditionally analog asset class.
