SpotHero

SpotHero is a digital parking reservation service that connects drivers looking to reserve and pay for parking spaces with parking lots, parking garages and valet services.

SpotHero is curbing the rise of urban congestion by changing the way millions of people park every day.

SpotHero was founded in 2011 by Larry Kiss, Mark Lawrence, & Jeremy Smith and is based in Chicago, Illinois.

SpotHero enables mobility companies to make finding, paying for, and accessing parking a seamless part of their offering so that together, they can move customers from A to B seamlessly and reduce congestion by getting vehicles off the street when they’re not in use.

SpotHero is North America's leading parking mobility platform and consumer parking marketplace with 20M+ cars parked, is available in 300 cities in the United States and Canada, the largest network of connected parking facilities, and the most app downloads nationwide.

 

SpotHero is backed by leading investors including Insight Partners, Global Founders Capital, Lightbank, & Macquarie Capital among others. The company raised $50M in it's latest funding of a "Series D" round on Aug 22, 2019. This brings SpotHero's total funding to $117.6M to-date.

 

SpotHero was named to Time magazine's inaugural list of 50 Genius Companies that are inventing the future, in 2018.  

 

 

  • Year founded: 2011
  • Funding Info: $117.6M in 9 Funding Rounds (Last Funding Type: Series D)- SpotHero has also acquired ParkPlease & Parking Panda to-date.
  • Yearly Revenue: $5M-$10M (2018)
  • Employee Size: 201-500
  • Business Valuation: NA
  • City/Town: Chicago
  • State: Illinois
  • Country: United States
Related businesses