Lot Spot
United States
Valuation
$1.3M
2021 Revenue
$436.2K
Funding
$665K
Team
5
Founded
2015
How Lot Spot CEO Preston Hare grew to $436.2K revenue with a 5 person team in 2021.
Lot Spot optimizes parking for 11x cheaper than existing solutions with 25% more accurate data. Their technology is deployed in four verticals, including the most visited park system and one of the largest owner-operated parking company in the US. The founders are an award-winning team of engineers and business developers that have worked together for the last 5 years.
Last updated
Lot Spot Revenue
In 2021, Lot Spot's revenue reached $436.2K. Since its launch in 2015, Lot Spot has shown consistent revenue growth.
| Year | Milestone | Quote |
|---|---|---|
| 2021 | Lot Spot Hit $436.2k revenue in April 2021 | |
| 2015 | Launched with $0 revenue |
Lot Spot Valuation, Funding Rounds
Lot Spot reached a $1.3M valuation in 2017, set during its Angel Round round.
Lot Spot has raised $665K in total funding across 2 rounds, most recently a $450K Convertible Note round in 2018.
| Year | Round | Amount | Valuation | % Sold | Quote |
|---|---|---|---|---|---|
| 2018 | Convertible Note | $450K | - | - | |
| 2017 | Angel Round | $215K | $2.9M | 7% |
Founder / CEO
Q&A
| Question | Answer |
|---|---|
| What's your age? | - |
| Favorite online tool? | - |
| Favorite book? | - |
| Favorite CEO? | - |
| Advice for 20 year old self | - |
Customers
We do not have customer count information for Lot Spot yet.
Lot Spot Employees & Team Size
Lot Spot employs approximately 5 people as of 2026, including 1 sales reps that carry a quota.
| Year | Milestone |
|---|---|
| 2021 | Reached 5 employees (April 2021) |
Frequently Asked Questions about Lot Spot
What is Lot Spot's revenue?
Lot Spot generates $436.2K in revenue.
Who founded Lot Spot?
Lot Spot was founded by Preston Hare.
Who is the CEO of Lot Spot?
The CEO of Lot Spot is Preston Hare.
How much funding does Lot Spot have?
Lot Spot raised $665K across 2 rounds.
How many employees does Lot Spot have?
Lot Spot has 5 employees.
Where is Lot Spot headquarters?
Lot Spot is headquartered in United States.
Compare Lot Spot to the industry
Lot Spot operates across multiple industries. Browse revenue, funding, and growth data for Lot Spot in each sector below.
Data and Sources
All figures on this page are taken directly from interviews or are estimates from public sources and proprietary models. Not financial advice. Read full disclaimer.
Claim this profilePeople Also Viewed
IPGeolocation.io
At IPGeolocation.io, our goal is to empower internet connected devices and web with IP Intelligence. We provide country, city, state / province, currency, timezone, language, organization information and much more from an IP address. This IP intelligence information helps: 1. Websites provide personalized contents to the visitors. 2. Helps merchants prevent credit card frauds to avoid heavy chargebacks. 3. Helps media companies to achieve better compliance by geofencing their contents. 4. Helps advertisers to geotarget their ads. 5. Helps gaming companies to enhance players' experience by connecting them locally. There are endless possibilities with the amount of information our APIs provide. For more information, visit https://ipgeolocation.io For queries, contact [email protected]
Sunroof
Customer Orchestration Software
The Podcast Host
The web's biggest resource on creating a great Podcast
Wabi
We are Shopify for the $15B creator economy in LATAM
ShipDesk
Provider of an online shipping management platform intended to track and organize sipping and logistics information. The company's platform is a cloud-based system has an easy plug-in which integrates with website and marketplaces to allow shipping order tracking and fulfillment data to populate in real time across all systems, enabling small and medium online merchants to stay updated about their shipments and connect with low cost shippers.
Sherloq
Github for data teams
