# Luxe Valet

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/luxe-valet

- Industry: Retail
- Headquarters: San Francisco, US
- Website: www.luxe.com
- Total disclosed funding: $76M
- Latest round: Series B (Apr 1, 2016)
- Investors on record: 22

## About

Based in California, US, and founded in 2013, Luxe Valet, Inc. operates as a valet parking and car service. The company was founded by Curtis Lee. Luxe Valet, Inc., which has hundreds of thousands of downloads, currently operates in six major U.S. cities – San Francisco, Los Angeles, Seattle, Austin, Chicago, and New York. In April 2016, the company raised its latest Series B funding from The Hertz Corporation. In April 2017, Luxe Valet, Inc. agreed to be acquired by Volvo Car Corporation.

Luxe Valet, Inc. offers mobile application valets for parking and car services that are needed for car wash, gas refill, and oil change. Its users can choose any option for overnight parking, driver service called Drive Home, an event for special occasions, customer parking for businesses and merchants, and business parking for employees.

Luxe Valet, Inc. generates revenue through monthly subscriptions by offering its users ranging from USD 139 to $799 per month.

Luxe Valet, Inc. plans to use its latest Series B funding to invest in its valet, operations, product and engineering teams, expand its service to other major urban centers and develop new innovative and integrated services.

## Funding rounds

- Series B, Apr 1, 2016, $50M — Redpoint Ventures, Venrock, Hertz Global Holdings, Inc.
- Series A, Mar 3, 2015, $20M — Lightspeed Venture Partners, Redpoint Ventures, Venrock, SV Angel, Slow, DCVC, BoxGroup, Cherubic Ventures, Winklevoss Capital, Vayner/RSE, M7 Tech Partners, Wonder Ventures, WME Ventures
- Seed, Oct 23, 2014, $4M — Lightspeed Venture Partners, Redpoint Ventures, Foundation Capital, Upfront, GV, Eniac Ventures, Slow, DCVC, BoxGroup, Rothenberg Ventures, ACME Capital, Marc Bell Capital, Koh Founders
- Seed, Feb 25, 2014, $1.5M — Upfront

## Investors

- Upfront (https://capitalatlas.ai/funds/upfront) — Seed
- Lightspeed Venture Partners (https://capitalatlas.ai/funds/lightspeed-venture-partners) — Seed, Series A
- Redpoint Ventures (https://capitalatlas.ai/funds/redpoint-ventures) — Seed, Series A, Series B
- Foundation Capital (https://capitalatlas.ai/funds/foundation-capital) — Seed
- GV (https://capitalatlas.ai/funds/gv) — Seed
- Eniac Ventures (https://capitalatlas.ai/funds/eniac-ventures) — Seed
- Slow (https://capitalatlas.ai/funds/slow) — Seed, Series A
- DCVC (https://capitalatlas.ai/funds/dcvc) — Seed, Series A
- BoxGroup (https://capitalatlas.ai/funds/boxgroup) — Seed, Series A
- Rothenberg Ventures (https://capitalatlas.ai/funds/rothenberg-ventures) — Seed
- ACME Capital (https://capitalatlas.ai/funds/acme-capital) — Seed
- Marc Bell Capital (https://capitalatlas.ai/funds/marc-bell-capital) — Seed
- Koh Founders — Seed
- Venrock (https://capitalatlas.ai/funds/venrock) — Series A, Series B
- SV Angel (https://capitalatlas.ai/funds/sv-angel) — Series A
- Cherubic Ventures (https://capitalatlas.ai/funds/cherubic-ventures) — Series A
- Winklevoss Capital (https://capitalatlas.ai/funds/winklevoss-capital) — Series A
- Vayner/RSE (https://capitalatlas.ai/funds/vayner-rse) — Series A
- M7 Tech Partners (https://capitalatlas.ai/funds/m7-tech-partners) — Series A
- Wonder Ventures (https://capitalatlas.ai/funds/wonder-ventures) — Series A
- WME Ventures (https://capitalatlas.ai/funds/wme-ventures) — Series A
- Hertz Global Holdings, Inc. — Series B