Fundraising Fox

Soul Parking

6 known investors

Soul Parking offers Compact Motorcycle Storage (CMS), a patented parking system that fits up to 240 motorcycles in a 60m2 area to expand parking capacity for property owners. It provides parking solutions and revenue-sharing arrangements for properties.

Also known as SOUL PARKING

Founders & leadership

KDKenneth Darmansjah
Kenneth DarmansjahinFounder · EntrepreneurInvestment Associate at Agaeti Ventures

Investors · 6

Also in the syndicate · 3

Taiwan MobileUSPACEWavemaker Ventures

Company profile

researched Aug 2026

Soul Parking is a Jakarta-based parking management technology company serving property owners and drivers across Indonesia. Its product line covers Compact Motorcycle Storage (CMS), portable multi-level parking structures for two-wheeled vehicles that fit up to 240 motorcycles within roughly 60 square metres; an Operating System (OS), cloud-based software that digitises existing parking structures for both two- and four-wheeled vehicles with transparent data sharing and real-time analytics; handheld mobile terminals; access control; and valet services.

The company's solutions are deployed at apartments, hospitals, offices, malls and modern retail, recreation areas, residential complexes and traditional markets. A consumer mobile app lets drivers select a registered vehicle, parking location and season-ticket duration, check in by QR code, check out early, pay with an e-wallet for contactless transactions, and subscribe to premium membership. The company positions its offering around better utilisation of urban space, minimal human intervention and reduced revenue leakage for landowners.

Founding story

Co-founders Kenneth Darmansjah and Unggul Depirianto lead the company; Darmansjah, a University of Melbourne graduate with investment banking and venture capital experience, joined in 2020 and became CEO in 2022, while Depirianto serves as CTO with over 20 years of engineering experience and previously was CTO at Tech in Asia.

Business model

Soul Parking supplies parking hardware and software to property owners and building management companies, operating parking facilities and digitising existing structures, while serving end users through a mobile app that supports bookings, season tickets, e-wallet payment and premium membership.

Revenue is generated from parking operations and services provided to property owners, alongside consumer-facing app transactions including season tickets and premium membership.

Traction

Locations grew four-fold in 2023 and the company reports tens of millions of transactions annually, with more than 100 partners onboarded since inception across apartments, hospitals, commercial centres, recreational areas and residential complexes.

Latest developments

In January 2025 Soul Parking announced an undisclosed Series A extension led by AppWorks and AC Ventures with participation from Taiwan Mobile, USPACE and Wavemaker Ventures, to fund expansion into new cities, hiring, product enhancement and marketing. Management has outlined plans to extend beyond parking into complementary mobility services such as EV charging, insurance integration and e-bike rentals.

Full profile — market position, technology, go-to-market, geography, history

Market position

Positioned as a parking technology provider in Indonesia, a market with roughly 137 million two-wheelers among a population of about 284 million, where most parking lots rely on manual systems that cause revenue leakage; investors describe the company as a leading parking solutions startup in Indonesia, starting from Jakarta.

Combines a space-efficient compact motorcycle storage format with proprietary parking operating software, addressing both landowner revenue leakage and the shortage of secure motorcycle parking, and follows an asset-light operating model adopted after the COVID-19 downturn.

Technology

IoT-enabled parking hardware combined with a cloud-based operating system that digitises parking structures and provides real-time data analytics; a patented compact multi-level motorcycle storage unit; handheld mobile devices, access control equipment and a QR-code-based mobile app with e-wallet payment.

Go-to-market

Sells through partnerships with property owners and building management companies, having onboarded more than 100 partners since inception, and reaches drivers directly through its mobile application.

Property owners and building management companies operating apartments, hospitals, offices, malls, modern retail, recreation areas, residential complexes and traditional markets, plus motorcycle and car drivers who use the consumer app.

Geography

Headquartered in Kebon Jeruk, West Jakarta, DKI Jakarta, with operations across Indonesia beginning in Jakarta; funding is intended to support expansion into additional high-density cities.

History

Kenneth Darmansjah joined Soul Parking as a part-time CFO in 2020 after working in investment banking and at AC Ventures, helping the company strengthen financial planning and secure funding. During the COVID-19 pandemic, parking demand fell sharply; the founders took salary cuts and shifted the business toward an asset-light model. Darmansjah became CEO in 2022, and in January 2025 the company announced a Series A extension round.

Compiled by commissioned research from 7 cited public sources — announcements, filings, and press listed under research sources below.

Key figures

latest reported
Motorcycles accommodated per Compact Motorcycle Storage unitJan 2025240 motorcycles per 60 sqm
Partners onboarded since inceptionJan 2025100 partners

Company-reported or press-reported figures, each dated to when it was claimed — not independently audited.

Timeline · 2

launches, deals, and filings
Jan 2025
Series A extension round led by AppWorks and AC Ventures

Soul Parking raised an undisclosed amount in Series A extension funding led by AppWorks and AC Ventures, joined by Taiwan Mobile, USPACE and Wavemaker Ventures, the early-stage fund of Wavemaker Partners. Proceeds are earmarked for geographic expansion into high-density cities, hiring, product development and marketing.

source ↗

Jan 2022
Kenneth Darmansjah appointed CEO

Kenneth Darmansjah, who joined Soul Parking as part-time CFO in 2020, formally became CEO in 2022.

source ↗

Dated company events from announcements, filings, and press; legal rows summarize public dockets and regulator releases.

Research sources · 7

primary sources listed

7 public sources were cited for this profile; the first-party ones are listed here.

Frequently asked questions

What does Soul Parking do?
Indonesian parking technology company providing compact motorcycle storage units and cloud-based parking management software.
Who founded Soul Parking?
Soul Parking was founded by Kenneth Darmansjah.
Who are Soul Parking's investors?
Soul Parking's investors include AC Ventures, AppWorks Ventures, Capria Ventures.