David and Naomi have built an award-winning and fast-growing technology platform for the parking industry
Hozah Today – Hozah is the UK’s fastest-growing smart parking and mobility platform, revolutionizing car park management with a fully automated, staff-free solution. Across the UK, car park owners rely on Hozah’s technology to handle every aspect of revenue generation, from tariffs and payments to enforcement, with no on-site personnel required. Hozah’s advanced cloud-based technology platform enables the transition from analogue to digital, meeting the increasing demand for seamless, cashless, and barrierless parking solutions.
The Beginning – In 2016, co-founders, David (Chief Executive Officer) and Naomi (Chief Growth Officer) – partners both personally and professionally – saw an opportunity to disrupt the parking sector which has long been dominated by outdated technology and legacy operators. They committed fully to their vision, making sacrifices that included quitting their jobs, selling their home, and moving in with family to bring Hozah to life.
Transaction Reason – As the parking industry moves towards automation, Hozah saw a unique opportunity to scale its operations, accelerate growth, and meet the growing demand for their cutting-edge technology. To achieve this, Hozah wanted a partner who shared their vision, could offer significant capital, but most importantly a partner that would be aligned with their core values.
Why Norland – David and Naomi chose Norland due to Norland’s commitment to fostering growth in founder-led businesses, their people-first mentality as well as Norland’s proven track record of successful outcomes. In addition, David and Naomi felt Norland’s deep understanding of software and technology combined with their resources for scaling companies, made them the ideal partner to support Hozah’s ambitious growth trajectory.
Since Norland’s Investment – David and Naomi remain in their executive roles, steering Hozah’s continued expansion with Norland’s backing. Together with Norland as a partner, the focus is on building the team, further product development, expanding and accelerating Go-to-Market initiatives, and enhancing Hozah’s robust customer success operations.
Future – Hozah is rapidly scaling, with organic revenue growth at ~100% annually and an ever-increasing number of car parks joining their platform every year. The company’s vision for the future remains clear: Hozah will continue excelling in its core strengths by prioritizing people, product development, innovation and unparalleled customer success.
For more info, visit www.hozah.com.