Llollo APP SL

Llollo APP SL offers innovative parking solutions through a mobile application and website, enabling users to reserve parking, access facilities automatically, and manage their parking conveniently via their devices. Founded in 2014, Llollo APP SL is based in Madrid, Spain, and specializes in parking management solutions. The company raised EUR 1. 2 million in funding on January 26, 2017, from investors including Avianta Capital, B4Motion, and Stella Maris Partners.

The total amount raised by the company stands at EUR 1. 2 million, with four recorded investment deals to date. Llollo APP SL provides a comprehensive parking platform through its mobile application and website. Its services include parking reservations, automatic access to parking facilities, and mobile management of parking solutions.

Catering to travelers and commuters, Llollo operates in multiple markets including Spain, Portugal, the USA, Colombia, and Brazil, facilitating a seamless parking experience without the need for physical tickets or cash transactions. In 2021, Llollo APP SL reported revenue of EUR 254,429. 7 with an EBITDA of EUR -28,036. 6, reflecting its operational performance during that year.

Following its most recent funding round in January 2017, Llollo APP SL plans to enhance its current offerings and introduce new features aimed at improving user experience. The company is also targeting expansion into new geographic markets to increase its footprint. The EUR 1. 2 million raised will be utilized to support these growth initiatives, focusing on development and marketing strategies to capture a larger share of the parking solutions market.