SpotHero

SpotHero is a parking reservation application that allows users to find, book and rent automobile parking spaces at garages, lots and valets. Read more

1,389 Followers on Owler
1,389 Followers on Owler
1,389 Followers on Owler
1,389 Followers on Owler

SpotHero

SpotHero is a parking reservation application that allows users to find, book and rent automobile parking spaces at garages, lots and valets. Read more

Mark Lawrence's photo - Co-Founder & CEO of SpotHero

Co-Founder & CEO

Mark Lawrence

CEO Approval Rating

96/100

Founded:

2010

Status:

PrivateIndependent Company

SPOTHERO TOP COMPETITORS OR ALTERNATIVES

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Way is SpotHero's #1 competitor. Way is a Private company that was founded in 2014 in Fremont, California. Way is in the Residential Services industry. Compared to SpotHero, Way has 140 fewer employees.

Park 'N Fly is seen as one of SpotHero's biggest rivals. Park 'N Fly was founded in Atlanta, Georgia} in 1967. Park 'N Fly competes in the Travel Agency field. Compared to SpotHero, Park 'N Fly generates $16.5M more revenue.

PlacePass is one of SpotHero's top competitors. PlacePass is headquartered in Cambridge, Massachusetts, and was founded in 2016. PlacePass is in the Recreational Services field. PlacePass generates 9.38% the revenue of SpotHero.

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Growth Score - 1/1

Is 165 a good estimate for SpotHero's Employee count?

SpotHero Acquisitions

COMPANY ACQUIRED
ACQUISITION DATE
AMOUNT
DESCRIPTION
Rover Parking, Inc.

Sep 2020

Source »
undisclosed
Rover is a mobile-based application that allows users to find and share parking spaces.
Parking Panda Corp.

Apr 2017

Source »
undisclosed
Parking Panda is an online platform that enables users to search and reserve parking space for their vehicles.

These are all the companies that SpotHero has acquired. SpotHero has acquired 2 companies and its latest acquisition was Rover Parking, Inc. in Sep 2020. Rover is a mobile-based application that allows users to find and share parking spaces.

SpotHero Funding History

Since SpotHero was founded in 2010, it has participated in 8 rounds of funding. In total SpotHero has raised $130.3M. SpotHero's last funding round was on Aug 2019 for a total of $50.0M

ROUND

FUNDING DATE

AMOUNT

INVESTORS

Series D
Aug 2019
$50M

Macquarie Capital

Equity
Nov 2018
$124.2K
-
Equity
Aug 2018
$10M
-
Series C
Jul 2017
$31.2M
Equity
Apr 2017
$12M

Since SpotHero was founded in 2010, it has participated in 8 rounds of funding. In total SpotHero has raised $130.3M. SpotHero's last funding round was on Aug 2019 for a total of $50.0M

SpotHero Investments

No recent investments found related to SpotHero

These are all the companies that SpotHero has invested in. SpotHero has invested 2 companies and its latest investment was Rover Parking, Inc. in Sep 2020. Rover is a mobile-based application that allows users to find and share parking spaces.

SpotHero News

March 8, 2021Crowdfund Insider

U.S. Digital Payments Platform AeroPay Secures Over $5 Million Through Venture Round Led By Chicago Ventures

AeroPay, a U.S.-based alternative payments platform, announced on Monday it raised more than $5 milli... See more »
December 3, 2020MacMegasite

SpotHero introduces Apple CarPlay integration - Apple World Today

SpotHero, a North American digital parking leader company, is bring parking to the display screen...... See more »
December 3, 2020iMore

Parking assistant SpotHero adds support for Apple CarPlay

Book a parking spot using CarPlay with SpotHero's latest update. What you need to know SpotHero has a... See more »
September 14, 2020Venture Capital Journal

VC-backed SpotHero buys Rover Parking

Chicago-based digital parking company SpotHero has acquired Rover Parking, a Toronto-based consumer p... See more »
September 10, 2020FinSMEs

SpotHero To Buy Rover Parking To Expand in Canada

SpotHero, a Chicago, IL-based digital parking leader in North America, is to acquire Rover Parking, a... See more »
June 17, 2020Business Travel News

Business Travel News

Parking reservation service SpotHero has added a touchless parking feature to its website, the compan... See more »
June 3, 2020The Business Journals: Chicago

SpotHero cuts 40 employees in second round of pandemic-related layoffs

Chicago tech company SpotHero laid off another 40 people on Wednesday as the on-demand parking startu... See more »

SpotHero Blogs

October 27, 2020SpotHero Blog

Your Ultimate Guide to Parking in Toronto

Thinking about your next trip to Toronto? Whether you’re just visiting for the first time or a long-t... See more »
August 18, 2020SpotHero Blog

Back to Work with SpotHero

Thinking about going back to work? Dust off your blazer and dig up your car keys. As cities across th... See more »
August 12, 2020SpotHero Blog

When Should I Use My Business Profile?

SpotHero has tons of solutions to tackle all of your parking woes. Whether you’re parking near the ai... See more »
July 17, 2020SpotHero Blog

SpotHero for Business: Benefits for Back-to-Work Parking

As offices begin to reopen and companies plan a safe return to work for their employees, the CDC has ... See more »
June 17, 2020SpotHero Blog

Black Lives Matter at SpotHero

Immediately after nationwide protests began, our entire team came together to talk frankly, authentic... See more »
June 2, 2020SpotHero Blog

SpotHero COVID-19 Response

The health and safety of our customers, partners and team is our top priority. While SpotHero is open... See more »
June 2, 2020SpotHero Blog

SpotHero and Waze Partner to Help Drivers Find Essential Parking

While much of the US population continues to shelter in place in the wake of COVID-19, some journeys ... See more »

SpotHero Press Releases

May 23, 2019Business Wire

SpotHero Expands in Canada; Partners with Toronto Pearson International Airport to Alleviate Growing Local Congestion

TORONTO--(BUSINESS WIRE)--SpotHero, the #1 consumer marketplace and mobility platform for off-street ... See more »
January 30, 2019Business Wire

ParkHub & SpotHero Announce Long-Term Partnership to Enhance Event Parking Experience

DALLAS & CHICAGO--(BUSINESS WIRE)--ParkHub, the leading B2B parking technology provider, and SpotHero... See more »
August 3, 2018PRWeb

Percent Pledge Announces Partnership with 1871 Alum SpotHero

Parking Marketplace SpotHero Partners with Giving Platform Percent Pledge to Engage Its Employees in ... See more »
December 14, 2017PR Newswire

UJET Empowers SpotHero to Streamline Customer Support with Modern-Day Enterprise Platform

SAN FRANCISCO, Dec. 14, 2017 /PRNewswire/ -- Utilizing the UJET customer support platform, SpotHero, ... See more »
September 18, 2017Business Wire

SpotHero Updates iOS App with First-of-Kind Features to Make Parking Faster and Easier

CHICAGO--(BUSINESS WIRE)--SpotHero Updates iOS App with First-of-Kind Features to Make Parking Faster... See more »
January 26, 2017Business Wire

SpotHero Launches in 13 New Cities Based on Driver Demand

CHICAGO--(BUSINESS WIRE)--SpotHero, the nation's leading parking reservation service, announced today... See more »

SpotHero Videos

Social Media

SpotHero Headquarters

125 S. Clark Street

Chicago, Illinois60603

844-324-7768

Driving Directions »

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SpotHero Summary

ABOUT

Overview

SpotHero is a parking reservation application that allows users to find, book and rent automobile parking spaces at garages, lots and valets. SpotHero was founded in 2010. SpotHero's headquarters is located in Chicago, Illinois, USA 60603. It has rais...

CEO

SpotHero's Co-Founder & CEO, Mark Lawrence, currently has an approval rating of 96%. SpotHero's primary competitors are Way, Park 'N Fly & PlacePass.

Website

spothero.com

Frequently Asked Questions about SpotHero

  1. When was SpotHero founded?

    SpotHero was founded in 2010
  2. Who is SpotHero's CEO?

    SpotHero's CEO is Mark Lawrence
  3. How much revenue does SpotHero generate?

    SpotHero generates $32M in revenue
  4. How much funding does SpotHero have?

    SpotHero has historically raised $130.3M in funding
  1. Where is SpotHero's headquarters?

    SpotHero's headquarters is in Chicago Illinois, USA
  2. How many employees does SpotHero have?

    SpotHero has 165 employees
  3. What sector does SpotHero operate in?

    SpotHero is in Internet Software, Application Software
  4. Who are SpotHero's competitors?

    SpotHero's top competitors are Way, Park 'N Fly, PlacePass