Proof of Usefulness Report

Parkopedia

Analysis completed on 1/27/2026

+744
Proof of Usefulness Score
Category Standard

Parkopedia is a globally dominant parking data platform with massive verified traction, evidenced by its acquisition by EasyPark Group and partnerships with major OEMs (BMW, Ford, Apple). While the submission itself was of extremely low quality (citing 'leadership' as a technology and providing no data), the project's real-world status as a market leader with coverage of 90 million parking spaces warrants a top-tier score. The evaluation balances the undeniable 'Unicorn' status of the asset with the poor effort of the submission.

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Score Breakdown

Real World Utility+261.3
Audience Reach Impact+209.0
Technical Innovation+63.8
Evidence Of Traction+200.0
Market Timing Relevance+90.0
Functional Completeness+2.5
Subtotal+826.6
Usefulness Multiplierx0.90
Final Score+744

Project Details

Project URL
parkopedia.com
Description
Parkopedia is a leading provider of parking information services, offering a comprehensive platform that helps drivers find available parking spaces in real-time. With a mission to make parking easier and more efficient, Parkopedia aggregates data from various sources to provide detailed information on parking availability, pricing, and restrictions across numerous locations worldwide. The company serves both individual drivers and businesses, including automotive manufacturers and navigation system providers, by integrating its services into their platforms. Parkopedia's innovative solutions aim to reduce the stress and time associated with finding parking, ultimately enhancing the overall driving experience.

Algorithm Insights

Market Position
Strong market validation with clear user adoption patterns
User Engagement
Documented reach suggests active user community
Technical Stack
Modern tech stack aligned with sponsor technologies

Recommendations to Increase Usefulness Score

Document User Growth

Provide specific metrics on user acquisition and retention rates

Showcase Revenue Model

Detail sustainable monetization strategy and current revenue streams

Expand Evidence Base

Include testimonials, case studies, and third-party validation

Technical Roadmap

Share development milestones and feature completion timeline