Zark secures Series A funding led by Baleon Capital to enhance its Rentable Items solution for multifamily communities.

Jun 12, 2025•2 months ago

ScottsdaleSoftware

Investors

Baleon Capital

Description

Zark has completed its Series A funding round, led by Baleon Capital, to expand its innovative offerings in parking availability and Rentable Items. This partnership will accelerate growth and innovation in addressing multifamily sector needs. The funding is pivotal for enhancing Zark's services and capabilities in the market. Zark has experienced significant growth and is focused on doubling its success this year.

Company Information

Company

Zark Parking Solutions

Location

16454 N 91st Street, Suite 103

Scottsdale, Arizona, United States

About

Zark is a leading technology-enabled provider of parking and amenities management solutions, focused on enhancing the resident experience and generating ancillary income for property operators. Through its intuitive platform, Zark enables residents and guests to reserve underutilized parking spaces and simplifies enforcement with real-time availability, violation tracking, and towing coordination. Its newly launched Rentable Items feature empowers properties to monetize amenities such as garages and storage units, driving revenue without the need for capital investment or high fees.

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VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers