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Monetise-your-carpark app Parkable expands into Oz with acquisition bankrolled by Spark, NZVIF

Carpark space-sharing app Parkable has expanded across thehttps://www.nzherald.co.nz/tec... Tasman by buying Park Genie.

Parkable chief executive Toby Littin says the deal will give his company's app access to 1200 carpark spaces in Brisbane, on top of the 5500 it already has on its books in NZ.

The startup says it now has 50,000 users in Auckland, Christchurch, Hamilton, Tauranga, Wellington and Brisbane

Littin won't give financials, but says the Park Genie deal was enabled by a funding round that saw Spark and Crown-backed NZVIF invest in Parkable.

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