ParkChirp Expands its National Footprint

June 17, 2025

Chicago, June 11, 2025 – ParkChirp, LLC announces that it has reached critical milestones in its journey as the commercial real estate industry’s first comprehensive revenue management platform. Key milestones include:

  • Parking Facilities – The platform has surpassed 4,100 active parking facilities on the platform, which reflects 15x marketplace expansion in the past 5 years.
  • Websites – The company hosts websites for 25 regional and national parking operators, as well as sites for asset owners, property managers.
  • Revenues – The platform processes over $600M in revenues and reporting for an additional $100M in daily parking revenues (annualized).
  • New Features – The PC Parking Platform continues to expand, with new functionality and enhanced features added regularly. Recent additions include scan-to-pay and enhanced financial reporting.

Solving the Real Estate Industry’s Most Stubborn Problem

Parking in urban markets is certainly an amenity for commercial asset owners. However, it’s also a sizable piece of value equation for many CBD commercial office buildings, with parking revenue comprising the second largest revenue line item and supporting 5% to 20% or more of total asset value. As many asset owners are aware, parking assets often underperform, in large part due to inefficiencies in the revenue billing and collection processes, and the lack of data transparency. There’s never been a JDEdwards or MRI for parking – until now.

The PC Parking Platform has taken this long-standing challenge head-on with the industry’s first single source enterprise software platform. The platform allows any parking owner or operator to market their facility, bill and collect recurring revenues online, consolidate daily parking data, and conduct in-lane transactions using scan-to-pay. The platform is integrated with every major cloud-based gated parking system, and has standardized APIs that support integration with ERP and accounting systems.

Creating Value for Asset Owners and Consumers

The PC Platform was designed to deliver a best-in-class parker experience while maximizing cash flow and asset valuations. Co-Founder Mark Fancher explains “monthly and other recurring revenue comprises 70% or more of the revenue stream for large commercial assets. That’s why we tackled monthly parking – the hardest part – right away” The PC monthly / recurring billing platform allows parkers to sign up, manage and pay for their parking online, which drives faster customer adoption and reduced A/R. The platform supports individual and group parking accounts and captures complex tenant lease rules, so that rate bumps, must-takes and other common billing mistakes are avoided.

The PC Parking Platform also drives higher daily and hourly parking revenues. With a sprawling national online presence that includes tens of thousands of web pages and links, facilities on the platform naturally rank higher in online parking searches. This allows customers to find and purchase their hourly and monthly parking quickly and simply – with no third-party aggregator commissions.

Data is the Key

ParkChirp and the PC Parking Platform was created by the principals of Parking Advisors, Inc. the industry experts at value creation for over 25 years. “The platform was created to combat a disturbing industry trend” said Kevin Dahm, the company’s Co-Founder. “Access to detailed, real-time data is the key, but the industry is moving in the opposite direction. Our platform allows a facility to analyze consumer behaviors, build and sustain relationships with parkers, and maximize their profitability, all in real time. We have case studies in multiple markets proving that the strategy works.” Unlike newer solutions that provide a ‘frictionless’ customer experience but don’t provide asset owners with data about their parking customers and transactions, the PC Parking Platform exposes robust, detailed data to clients in real time. “They don’t expose the data to their clients for a simple reason – the revenue drops if customers aren’t forced to pay” said Dahm.

Onboarding Support

The PC Parking team provides a range of services that include website development and hosting and customer onboarding, and platform training. For more information about ParkChirp and the PC Parking Platform, please refer to the company’s website pcparkingplatform.com or contact the company at support@parkchirp.com or 312-876-1720.

Download the ParkChirp iOS or Android app on your smartphone or tablet today!