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Retail & Consumer

Dragon's Den success ParkingPerx prepares for launch in Cumbria

The high-street boosting rewards app launched last year in Sunderland and is now set to expand into Kendal

Chris Reed, founder and managing director at ParkingPerx(Image: ParkingPerx)

A North East firm which secured Dragons’ Den investment is set for further expansion as its app prepares to launch in Cumbria.

Newcastle-based ParkingPerx aims to boost the º£½ÇÊÓÆµ High Street by offering people free parking in exchange for their spending with participating businesses in the local area.

Founder Chris Reed pitched his idea on Dragons’ Den in 2019, winning an £80,000 investment from Jenny Campbell, setting it on its way to launching in Sunderland.

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Now, three months after signing an agreement with the cashless parking app RingGo to extend the places people using its service can park free of charge, the company is set to launch in Kendal.

Chris Reed, founder and managing director at ParkingPerx, said: “We really look forward to expanding the app into Kendal this month.

“We have a number of exciting expansion plans in the pipeline, and it has been great to see the response from both the Kendal BID team and local businesses, with a range of retailers, cafes and independent merchants signed up already.

“Post lockdown, it’s more important than ever to generate footfall on our high streets and to help boost high street spending, the successful formula has worked well in Sunderland, and we can’t wait to roll this out into Kendal too.