# SpotHero

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/spothero

- Industry: Internet
- Headquarters: Chicago, US
- Website: www.spothero.com
- Total disclosed funding: $112M
- Latest round: Series D (Aug 19, 2019)
- Investors on record: 23

## 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.

## Funding rounds

- Series D, Aug 19, 2019, $44M — Insight Partners, OCA Ventures, Macquarie Capital, Global Founders Capital, Alpha Partners, Union Grove Venture Partners, Autotech Ventures, Gaingels
- Series C, Aug 21, 2018, $10M — Pritzker Group Venture Capital, OCA Ventures, Chicago Ventures, Lightbank, Global Founders Capital, Math Venture Partners
- Series C, Dec 8, 2017, $11M — Insight Partners, Global Founders Capital, Autotech Ventures
- Series C, Jul 14, 2017, $20M — Insight Partners, Pritzker Group Venture Capital, OCA Ventures, Bullpen Capital, Chicago Ventures, Global Founders Capital, Draper, Corazon Capital, Autotech Ventures, Math Venture Partners, Levy Family Partners
- Series B, Aug 18, 2015, $20M — Battery Ventures, Insight Partners, Pritzker Group Venture Capital, Headline, OCA Ventures, Bullpen Capital, Chicago Ventures, 500 Global, Draper, Monkfish Equity
- Series A, May 30, 2014, $4.5M — Battery Ventures, Pritzker Group Venture Capital, Headline, OCA Ventures, Bullpen Capital, Chicago Ventures, 500 Global, Lightbank, Draper, Blossom Street Ventures, G2T3V
- Seed, Nov 30, 2012, $2.5M — Battery Ventures, Pritzker Group Venture Capital, Headline, OCA Ventures, 500 Global, Lightbank, Techstars, Draper

## Investors

- Battery Ventures (https://capitalatlas.ai/funds/battery-ventures) — Seed, Series A, Series B
- Pritzker Group Venture Capital (https://capitalatlas.ai/funds/pritzker-group-venture-capital) — Seed, Series A, Series B, Series C
- Headline (https://capitalatlas.ai/funds/headline) — Seed, Series A, Series B
- OCA Ventures (https://capitalatlas.ai/funds/oca-ventures) — Seed, Series A, Series B, Series C, Series D
- 500 Global (https://capitalatlas.ai/funds/500-global) — Seed, Series A, Series B
- Lightbank (https://capitalatlas.ai/funds/lightbank) — Seed, Series A, Series C
- Techstars (https://capitalatlas.ai/funds/techstars) — Seed
- Draper (https://capitalatlas.ai/funds/draper) — Seed, Series A, Series B, Series C
- Bullpen Capital (https://capitalatlas.ai/funds/bullpen-capital) — Series A, Series B, Series C
- Chicago Ventures (https://capitalatlas.ai/funds/chicago-ventures) — Series A, Series B, Series C
- Blossom Street Ventures (https://capitalatlas.ai/funds/blossom-street-ventures) — Series A
- G2T3V (https://capitalatlas.ai/funds/g2t3v) — Series A
- Insight Partners (https://capitalatlas.ai/funds/insight-partners) — Series B, Series C, Series D
- Monkfish Equity (https://capitalatlas.ai/funds/monkfish-equity) — Series B
- Global Founders Capital (https://capitalatlas.ai/funds/global-founders-capital) — Series C, Series D
- Corazon Capital (https://capitalatlas.ai/funds/corazon-capital) — Series C
- Autotech Ventures (https://capitalatlas.ai/funds/autotech-ventures) — Series C, Series D
- Math Venture Partners (https://capitalatlas.ai/funds/math-venture-partners) — Series C
- Levy Family Partners — Series C
- Macquarie Capital — Series D
- Alpha Partners (https://capitalatlas.ai/funds/alpha-partners) — Series D
- Union Grove Venture Partners (https://capitalatlas.ai/funds/union-grove-venture-partners) — Series D
- Gaingels (https://capitalatlas.ai/funds/gaingels) — Series D