Baird Capital Portfolio Company 'Arrive' Merges with 'FlashParking'
Baird Capital portfolio company Arrive Mobility, Inc. (Arrive) has merged with FlashParking, Inc. (FlashParking). This combination creates the only end-to-end touchless digital mobility platform joining FlashParking's cloud-based mobility hub operating system with Arrive's demand management platform facilitating consumer procurement, wayfinding, and digital payments for parking and related services. The combined entity will offer B2B and B2C seamless digital parking solutions and mobility technologies to increase operational efficiency for thousands of parking operations and provide frictionless, fully digital consumer parking and mobility experiences to millions of consumers.
Baird Capital invested in Arrive (formerly "ParkWhiz") in 2015. For the full news release about the merger, click here.