When was SpotHero founded?

SpotHero was founded in 2011 and raised its 1st funding round 1 year after it was founded.

Where is SpotHero located?

SpotHero is headquartered in Chicago, United States. It is registered at Chicago, Illinois.

Who is the current CEO of SpotHero?

Mark Lawrence of SpotHero. They have also founded 1 company and are angel investors in 2 startups.

How many employees does SpotHero have?

As of May 31, 2026, the latest employee count at SpotHero is 294.

Is SpotHero a funded company?

SpotHero is a funded company, having raised a total of $118M across 8 funding rounds to date. The company's 1st funding round was a $***** Seed round, raised on Aug 27, 2012.

How much is SpotHero worth?

The last known valuation of SpotHero was $***** as of Jan 02, 2026.

When was the latest funding round of SpotHero?

SpotHero's latest funding was a $***** Series D round on Aug 22, 2019, with participation from 6 investors. Its primary sector is Road Transport Tech. In United States, the Road Transport Tech sector has seen $16.6B in funding in 2026 to date.

Where does SpotHero rank among its competitors?

SpotHero ranks 1st amongst 129 active competitors, of which 13 are funded. It stands 1st in terms of total funding among its competitors. The most recent competitor to raise funding was Parkade, which secured $10M in Dec, 2024.

Who are the top competitors of SpotHero?

SpotHero's top competitors include Way, Parking.com and Parkade. Among them, Parkade secured the most recent funding round in December, 2024.

SpotHero - 2026 Company Profile, Team, Funding & Competitors

SpotHero is an acquired company based in Chicago (United States), founded in 2011 by Mark Lawrence, Lawrence Kiss and Jeremy Smith. It operates as a Provider of a platform for booking parking spots and related services. SpotHero has raised $118M in funding from investors like Insight Partners, 500 Global and Battery Ventures, with last known valuation of $*****. The company has 129 active competitors, including 13 funded and 12 that have exited. Its top competitors include companies like Way, Parking.com and Parkade.

Company Details

Provider of a platform for booking parking spots and related services. The platform allows users to search and reserve parking spaces. It offers options for hourly, daily, and monthly parking. The platform also provides booking capabilities through mobile applications and integration with vehicle dashboards.

Website: spothero.com
Social
Email ID: *****@spothero.com
Phone Number: +1 **********
Registered Address: Chicago, Illinois

Key Metrics

Founded Year

2011

Location

Chicago, United States

Stage

Acquired

Total Funding

$118M in 8 rounds

Latest Funding Round

Series D, Aug 22, 2019, $*****

Last Known Valuation

$***** as on Jan 02, 2026

Investors

Insight Partners & 41 more

Ranked

1^st among 129 active competitors

Employee Count

294 as on May 31, 2026

Investment & Acquisitions

ParkPlease

Similar Companies

YourParkingSpace & 605 more

Exit Details

Acquired by Uber (Feb 23, 2026)

View SpotHero's full profile

SpotHero is associated with 2 legal entities given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Documents
SPOTHERO, INC. CIN: 32063716669 , United States, Deadpooled	Aug 07, 2018	-	-	-
SPOTHERO, INC. CIN: 455389124 , United States, Active	Dec 31, 2010	-	210 (As on Dec 31, 2024)	-

SpotHero got acquired by Uber on Feb 23, 2026.

Click here to take a look at SpotHero's acquisition in detail

SpotHero has raised a total funding of $118M over 8 rounds. Its first funding round was on Aug 27, 2012. Its latest funding round was a Series D round on Aug 22, 2019 for $*****. 6 investors participated in its latest round. SpotHero has 40 institutional investors and 2 angel investors.

Here is the list of recent funding rounds of SpotHero:

Filter this list

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Aug 22, 2019	5048643	Series D	4270270	4316201	9872448	5579771
Nov 28, 2018	1672092	Series C	6178413	7091328	8241645	4093050
Sep 06, 2018	3199226	Series C	7148803	7305744	3406630	1451778

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View details of SpotHero's funding rounds and investors

The founders of SpotHero are Mark Lawrence, Lawrence Kiss and Jeremy Smith. Mark Lawrence is the CEO of SpotHero.

Here are the details of SpotHero's key team members:

Mark Lawrence: Co-Founder & CEO of SpotHero. They are also an angel investor in 2 startups and serve on the board of 1 company.
Contact Info: 1 email address
Lawrence Kiss: Co-Founder of SpotHero. They serve on the board of 1 company.
Jeremy Smith: Former Co-Founder of SpotHero and founder of 1 other company.

SpotHero's Board of Directors

SpotHero's board has 16 active members. Sam Yagan, Amanda Lannert, Jeremy Smith, Mark Lawrence, Lawrence Kiss, Sam Guren, Harley Miller, Ludwig Ensthaler, Lucas Joynt, Trish Lukasik, JASON PINTER, Connie Capone, Stu Phillips, SAMUEL GUREN, MICHAEL GAMSON and Anthony Crawford are independent board members.

Here is the list of SpotHero's board of directors:

Name	Type	Representing	Status	Duration
Sam Yagan	Independent board member	-	Current	12y 1m
n{wplws	Independent board member	-	Current	4y 3m
dill{sg	Independent board member	-	Current	6y 5m
vtpecux	Independent board member	-	Current	1y 1m
ybh{{cg	Independent board member	-	Current	5y 8m
wtyzy{p	Independent board member	-	Current	1y 8m
fbxdrsr	Independent board member	-	Current	5y 7m
xrwqlew	Independent board member	-	Current	1y 6m
lpxddma	Independent board member	-	Current	1y 9m
invwqsv	Independent board member	-	Current	8y 6m
tvgiboh	Independent board member	-	Current	9y 3m
pqvdkdq	Independent board member	-	Current	9y 1m
fulfwab	Independent board member	-	Current	1y 9m
moztbbk	Independent board member	-	Current	2y 4m
fdjujwe	Independent board member	-	Current	9y 4m
vcfckmy	Independent board member	-	Current	2y 9m

View details of SpotHero's Founder profiles and Board Members

SpotHero's employee count trend

SpotHero has 294 employees as of May 26. Here is SpotHero's employee count trend over the years:

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Top competitors of SpotHero include Way, Parking.com and Parkade. Here is the list of Top 10 competitors of SpotHero, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	SpotHero 2011, Chicago (United States), Acquired	Provider of a platform for booking parking spots and related services	$118M	Union Grove Venture Partners, Lightbank & 40 others	77/100
2nd	Way 2012, Sunnyvale (United States), Seed	App-based platform to find car parking, auto insurance & car wash services	$3.4M	Feenix Venture Partners	58/100
3rd	Parking.com 1995, Nashville (United States), Funding Raised	Parking scouting & booking platform	-	Navigatu	50/100
4th	Parkade 2018, San Francisco (United States), Series A	App-based platform for booking P2P parking spaces	$16.7M	MassMutual Ventures, 9yards Capital & 6 others	50/100
5th	Ipark 1965, United States, Unfunded	Provider of monthly and daily parking services	-	-	49/100
6th	Park Detroit 2015, Wilmington (United States), Unfunded	Parking payment solutions and booking app	-	-	49/100
7th	Flowbird 2018, Moorestown (United States), Unfunded	App-based platform for parking payments	-	-	48/100
8th	Pied Parker 2015, Palo Alto (United States), Series A	Contactless parking solutions providing faster, easier, and safer entry/exit	$3M	Act 5 Ventures, Podium Advisors & 2 others	47/100
9th	ParkChirp 2017, Chicago (United States), Funding Raised	Online platform for booking parking space	-	-	47/100
10th	PreFlight Airport Parking 2005, Chicago (United States), Unfunded	Online platform for booking parking spaces in Airports	-	-	47/100