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Road mounted sensor that allows for the real-time detection of vehicles in parking spaces. Made of electrically conductive paint.

Photo of Stephen Wilbur
10 10

Written by

ParkShark provides an innovative twist on the detection system that is currently used at stoplights. Our induction loops innovate on this existing vehicle detection sensor by providing a radical new way of implementation. With our product, we are able to affordably, accurately and easily track parking space occupancy as well as provide real-time data and analytics about space availability.

 Our plan is to use surface level painted induction loops. Traditional induction loops are coils of copper wire placed into roads with a saw and then covered with a sealant. These induction loops are in use now at many traffic lights and are like a giant metal detector for your car. By making these induction loops out of an electrically conductive paint they are much more affordable and can be placed in parking spaces to monitor occupancy.

Describe who will use your solution (1,000 characters)

ParkShark’s business model is direct B2B, SAS. We plan to sell our tracking devices to businesses and to charge for the use of our software to view parking analytics. This two-fold approach allows us to have upfront as well as reoccurring revenue. The service will be free for drivers.

Describe your solution's stage of development

  • Prototype - you have built a prototype and tested it with potential users

Tell us about your team or organization (500 characters)

My team is made up of myself, a junior business student at Hope college and Neil Weeda an engineering student at hope college. We also are receiving support from Fleetwood corp, Gentex Corp and Collective Idea.

Size of your team or organization

  • 2-10

Funding Request

  • $100,000

Describe how you would pilot your idea (1000 characters)

I plan to use the funding from the challenge to pay for sensors and the user interface for my pilot this spring. I am piloting in a parking lot in downtown Holland this spring and will be using Collective Idea and Feetwood corp to help set up the project.

Describe how you would measure the success of your pilot (1000 characters)

Success for my pilot is providing data to the city about individual space turnover rates. Success for myself is using our app to get user feedback about how useful the data on available spaces is.


Join the conversation:

Photo of Melaura Meyers

This sounds like an idea that could partner or work with Streetline or Coord...possibly even Inrix. These are all existing companies who use a variety of methods to determine available street parking - everything from predictive analysis to actual electronic meters. This product could be one more tool in their arsenal for accurate detection.

Photo of Stephen Wilbur

Hi Melaura, That's exactly how I feel. It's a unique technology that could be used in the toolbox of a few different companies to help track occupancy.

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