Product Update

Is Parking Perx Still in Business? (2026 Update)

Is Parking Perx from Dragons’ Den still around in 2026? The deal it made, the dragons who invested, and where to buy Parking Perx today.

Dragons' Den IndexUpdated 26 January 20266 min read

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Parking Perx pitched its loyalty app for discounted and cashless parking in series 16 of Dragons' Den and secured backing from Jenny Campbell, who took a substantial stake in the process. So does the app still work in 2026? The signals available point to yes, though a precise, dated current confirmation is harder to pin down than for some other companies in our index.

The Short Answer

Parking Perx appears to still be operating. The company's social channels remain live, and we found no news of the app closing or the company folding. What we could not find was a definitive, recent piece of coverage confirming ongoing operations specifically within 2026, so we are hedging on the exact current state while noting there is no evidence pointing the other way either.

The Dragons' Den Pitch

Chris Reed founded Parking Perx and pitched it in series 16, episode 15, presenting a loyalty app that let users earn rewards through local businesses and redeem them against parking costs, along with a cashless payment option for parking itself. It is a tech and software pitch built around a genuinely everyday frustration, the cost and hassle of paying for parking in town and city centres.

Reed asked for 80,000 pounds in exchange for a steep 45 percent of the business, close to half the company. That kind of equity give usually signals either an urgent need for capital or a founder confident enough in the product's ceiling that giving up a large chunk of a small pie still felt worthwhile.

The Deal That Got Done

Jenny Campbell invested the full 80,000 pounds asked, at the 45 percent offered, taking nearly half the company in the process. Campbell built her career in consumer finance and retail banking before joining the panel, background that lines up well with a payments and loyalty focused product like Parking Perx.

Taking a stake that large is an aggressive move for any investor, and it suggests Campbell saw a business model with real scaling potential if it could land partnerships with local authorities and parking operators across enough towns and cities.

Loyalty and payments apps built around a single everyday behaviour like parking tend to succeed or fail on partnership breadth rather than consumer marketing alone. Without local authority buy in, an app like this has no inventory to sell rewards against, which makes the business development side of the company at least as important as the technology itself.

What Happened After

In the years following the pitch, Parking Perx pursued exactly that kind of expansion, working with business improvement districts and local authorities to roll the scheme out across more towns, and reporting a further funding round to support that growth. Coverage from around that period described the app expanding its footprint city by city rather than staying confined to its original launch area.

We have not been able to confirm the most current state of that expansion as of 2026 with the same confidence we can offer for some of the other companies in this index. The company's social presence remains up, which is a mildly positive signal, but we would rather flag the gap in recent, dated confirmation than assert a definitive status we cannot back with evidence.

Common Questions

Is the Parking Perx app still available to download? We found no evidence the app has been withdrawn from app stores, but we could not independently confirm current active listings as part of this research.

Is Jenny Campbell still a shareholder? Our data reflects the original series 16 investment terms. We found no reporting of Campbell exiting the deal since the pitch aired.

The Bottom Line

Parking Perx pitched in series 16 for 80,000 pounds at 45 percent, got the full amount from Jenny Campbell on those terms, and spent the years afterward expanding its local authority and business improvement district partnerships. The available evidence suggests the company is still active, but we could not independently verify a precise, current 2026 confirmation of trading, so treat this one as likely still operating rather than definitively confirmed.

Where to buy Parking Perx

Still selling as of 26 January 2026. Check today's price and availability.

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See the full Parking Perx deal breakdown and term sheet →