# ParkWhiz

ParkWhiz is an Asset Manager based in Chicago, United States.

## Overview

- **Organization type:** Asset Manager
- **Headquarters:** Chicago, United States
- **Region:** North America
- **Address:** Chicago, IL, United States
- **Founded:** 2006
- **Assets under management:** Undisclosed
- **Website:** www.parkwhiz.com
- **LinkedIn:** https://www.linkedin.com/company/parkwhiz

## Regulatory record

- **Reports private funds:** No

## About

ParkWhiz, a Chicago-based company, was founded in 2006. It provides a platform for users to find and book parking spaces. The company has secured $36 million in total funding.

## Sectors

- Mobility & Transportation
- Enterprise Software
- PropTech

## People

- Jon Thornton — CEO
- A.J. Beddome — Co-Founder
- John Andrew Cohlan — Co-Founder

## Questions

### Who runs investment decisions at ParkWhiz?

CEO Jon Thornton leads the company. The board includes representatives from venture backers such as JLL and Pritzker Group Venture Capital. No single external investor controls the firm.

### What does ParkWhiz's pivot from consumer to enterprise SaaS entail?

ParkWhiz sold its consumer parking marketplace to SpotHero in 2021 and now focuses on software for parking operators, fleets, and venues. Products include fleet management, reservation engines, and real-time occupancy dashboards.

### Which sectors does ParkWhiz target?

ParkWhiz serves the parking and mobility infrastructure sector, with a focus on commercial garages, airports, stadiums, and corporate fleet operators. Its software is deployed in real estate and transportation verticals.

### Does ParkWhiz make direct investments or fund commitments?

No. ParkWhiz is an operating company, not an investment firm. It does not deploy capital as an LP or GP.

### What is ParkWhiz's geographic footprint?

ParkWhiz is headquartered in Chicago, with an office in New York. Its software is used across the United States, primarily in major metropolitan areas.

### How does ParkWhiz relate to SpotHero?

ParkWhiz sold its consumer-facing parking marketplace to competitor SpotHero in 2021. The two companies share no ongoing ownership or operational ties; ParkWhiz now operates purely as a B2B software provider.

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Last updated: 2026-06-03T20:00:00.000Z

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