Sensade
Offering an affordable and easy-to-install solution that optimizes parking management and parking utilization
- AI, IoT, Smart City
- Seed
Location
Aalborg, Denmark
Revenue size
EUR 10,000 - 99,999
Year founded
2017
Funding raised
EUR 670,000
Founders
Kenny Lafon, Jens Korshøj, Thomas Olsen
Most relevant investors
Innovation Fund Denmark, SEBC HOLDING
Team size
1-9
Problem
Many cities are struggling with parking problems, not due to a lack of vacant parking slots, but simply because drivers don’t know where they can be found. Drivers often spend long frustrating hours roaming around town, adding to congestion.
SOLUTION
Sensade provides an IoT-based smart parking solution that provides real-time information about parking availability across the city. Available parking spaces are displayed on LED street signs that refer drivers directly to a free parking space. Stakeholders such as municipalities and private operators can view historical and real-time data on a dashboard, allowing for further analysis of parking patterns, and thus the ability to optimize parking management. Moreover, the company offers API solutions for hardware and software integration.
Sensade’s solution has a huge potential to optimize space and time in dense and busy urban environments, ultimately mitigating traffic congestion and air pollution while improving drivers’ experience.
KEY CUSTOMERS & INTERNATIONAL PRESENCE
The key customers of Sensade are municipalities, to whom they provide turnkey parking solutions based on a subscription model. Sensade’s services are currently exclusive within the Danish borders, however they are now looking to embark their operations internationally.
Unique selling point
Based on proprietary hardware and software, Sensade provides a unique overview of the parking situation for municipalities. The optimization of the existing parking infrastructure, with the help of accurate data, saves municipalities millions each year.
Asia Connection
Sensade believes their solution can bring great value to the dense and busy Asian urban environments, and they are looking to connect with investors with knowledge on market entry and scaling in Asia, as well as distribution partners and clients.
Pitch
