SpotHero
Latest round
- Series D
Last raised
- Aug 2019
Total raised
- $112M
Investors
- 23
About SpotHero
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.
Who invested in SpotHero
23 investors across 7 rounds
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Funding rounds
Series D
Aug 19, 2019
Amount
$44M
Investors
Series C
Aug 21, 2018
Amount
$10M
Investors
Series C
Dec 8, 2017
Amount
$11M
Investors
Series C
Jul 14, 2017
Amount
$20M
Investors
Series B
Aug 18, 2015
Amount
$20M
Investors
Series A
May 30, 2014
Amount
$4.5M
Investors
Seed
Nov 30, 2012
Amount
$2.5M
Investors
Questions about SpotHero
Who invested in SpotHero?
SpotHero has 23 investors on record across 7 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.
How much funding has SpotHero raised?
SpotHero has raised 7 venture rounds. Sign up free to see how much each round raised and the total.
When did SpotHero last raise money?
SpotHero's most recent round on record is a Series D, in Aug 2019.
What does SpotHero do?
Based in Illinois, US, and founded in 2011, SpotHero, Inc.
Where is SpotHero headquartered?
SpotHero is headquartered in Chicago, US.
Which VCs invest in companies like SpotHero?
Among active investors with capital left to deploy, Andreessen Horowitz, Founders Fund, Accel and Thrive Capital back internet companies at SpotHero's stage. Their profiles are linked below.
VCs backing internet startups at Series D
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