SpotHero, Inc.
Have updates for this profile? Please contribute data
= Subscriber Access Only
You are viewing a preview of this profile. Request a Preqin Pro demo for full access to all profiles and underlying data.
With Preqin Pro, you gain an unobstructed view of all alternative asset class activity across institutional investors, fund managers, funds, portfolio companies, deals, exits, and service providers.
SpotHero, Inc. - overview
Established
2011
Location
Chicago, IL, US
Primary Industry
Internet
About
Based in Illinois, US, and founded in 2011, SpotHero, Inc. operates as a digital parking solutions company. Mark Lawrence (CEO) and Larry Kiss (Chief Architect Officer) are the founders of the company. In February 2026, Uber Technologies Inc.
a portfolio company of Capital Group Private Markets, Matrix Partners, Softbank Capital, GSR Ventures, CPE Funds Management, New Horizon Capital, Tiger Global Management, DST Global, China Renaissance, Hillhouse Investment, Harvest Capital, Ameba Capital, Farallon Capital Management, Coatue Management, Sailing Capital, H Capital, Man Capital, China Reform Holdings, MPC, Loyal Valley Capital, Tencent Investment acquired SpotHero, Inc. from Excelerate Labs, Pritzker Group Venture Capital, 500 Global, Battery Ventures, Draper, Headline, Lightbank, OCA Ventures, Techstars, Blossom Street Ventures, Bullpen Capital, Chicago Ventures, G2T3V, Insight Partners, Monkfish Equity, Levy Family Partners, Autotech Ventures, Corazon Capital, Global Founders Capital, Math Venture Partners, Alpha Partners, Gaingels, Macquarie Capital, and Union Grove Venture Partners. Financial terms of the transaction were not disclosed. The company offers a digital and off-street parking marketplace that helps drivers easily find affordable parking at more than 7,500 garages, lots, and valets in over 300 major North American cities.
The company’s mobile applications and website let millions of drivers find, book, and access off-street parking. The company’s parking services also include airport parking, monthly parking, touchless parking facilities, etc. It also offers an AI-powered dynamic pricing platform called SpotHero IQ.
Current Investors
Insight Partners, Pritzker Group Venture Capital, OCA Ventures
Primary Industry
Internet
Sub Industries
Search Engines, Web Applications, Systems Management Software
Website
www.spothero.com
Verticals
Mobile Apps
Company Stage
Acquired
Total Amount Raised
Subscriber access only
SpotHero, Inc. - employee data
Time to go Pro
Get Preqin Pro for unrestricted access to 600,000+ detailed profiles on fund managers, investors, funds, companies, and other alternative asset players. Unlock exclusive data on future plans, company financials, fundraising history, track records, and more.