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SpotHero

Chicago, IL, United States Transportation & Logistics Acquired

SpotHero is an online marketplace for parking reservations that connects drivers with parking spaces across over 400 cities in the U.S. and Canada. The platform allows users to reserve and pay for parking at garages, lots, and valet services. Since its launch in 2011, SpotHero has processed over $1 billion in online parking reservations from more than 10 million drivers.

Acquired

SpotHero has been acquired

Acquired by Uber Technologies February 23, 2026

This company is no longer available on our private secondary market.

Overview

Company data and valuation marks are estimates and may be incomplete, stale, erroneous, or revised.

Founded

2011

Employees

284–294

Total Funding

$50M

1 rounds

Funding

Total raised $50M across 1 rounds

Funding data and valuation marks are estimates and may be incomplete, stale, erroneous, or revised.

Last updated 06-25-2026

Latest Round

Type

Series D

Date

August 22, 2019

Amount

$50M

Valuation

Lead Investors

Macquarie Capital

Prominent Investors

Macquarie Group ugvp.com Insight Partners Global Founders Capital OCA Ventures Autotech Ventures

Leadership

  • Mark Lawrence

    Chief Executive Officer & Co-Founder

    LinkedIn
  • Larry Kiss

    Chief Architect Officer & Co-Founder

    LinkedIn
  • Jeremy Smith

    Co-Founder

Competitors

Competitor list is illustrative and may be incomplete, stale, or erroneous.

  • ParkWhiz

    Online parking reservation platform similar to SpotHero

  • Parkopedia

    Parking information and reservation platform

  • BestParking

    Parking reservation and comparison platform

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Data collected with AI, which can make mistakes. Please double-check this information.