Drivewayz is a free app that allows drivers to rent private parking spots for roughly $10 an hour. Customers also have the option to book a parking spot days in advance.
The app was founded in Boulder, Colorado last year, and CEO Reese Barracks said he chose San Diego for the company's headquarters because it was “more open to new ideas.” The app is available nationwide.
“The idea came to me when I was in school, and my friends and I were searching for a spot up and down a local street,” Barracks said. “There was a concert going on and it got pretty crowded. We would pass open driveway after open driveway but all the street parking was taken.
"I just thought, ‘I would totally pay a few bucks an hour to park in one of these open parking spots. And I’m sure people would love to make extra cash since they’re not being used.’”
Users who sign up their driveways can set their availability to certain times, be it 24 hours a day or one hour a month. Drivewayz currently doesn’t cover insurance for the driver or the homeowner, but Barracks said that’s something they’d like to offer eventually, once they get more customers.
Currently, the app has more than 600 downloads and is only available on iOS with Android availability coming in the near future.
“We’re really trying to create parking for the community from community members,” Barracks said. “Putting money back into the local economy as opposed to the widespread parking industry.”
At the essence of it, Barracks said Drivewayz is like saving “an extra spot for your neighbor.”
For more information about Drivewayz, visit drivewayz.io.