Lot Spot
United States
Valuation · 2017
$2.9M
2021 Revenue
$436.2K
Funding
$665K
Team
5
Founded
2015
Lot Spot Revenue, Valuation & Funding (2021)
Lot Spot generated $436.2K in revenue 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.
| Year | Milestone | Source |
|---|---|---|
| 2021 | Lot Spot Hit $436.2k revenue in April 2021 | Not recorded |
| 2015 | Launched with $0 revenue |
Lot Spot Valuation, Funding Rounds
Lot Spot reached a $2.9M valuation in 2017, set during its Angel 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 | Source |
|---|---|---|---|---|---|
| 2018 | Convertible Note | $450K | - | - | Not recorded |
| 2017 | Angel | $215K | $2.9M | 7% | Not recorded |
Founder / CEO
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 | Source |
|---|---|---|
| 2021 | Reached 5 employees (April 2021) | Not recorded |
Frequently Asked Questions about Lot Spot
Is Lot Spot still operating?
No. Lot Spot has shut down.
What is Lot Spot's revenue?
As of 2021, Lot Spot generated $436.2K in revenue.
Who founded Lot Spot?
Lot Spot was founded by Preston Hare.
How much funding does Lot Spot have?
Lot Spot raised $665K across 2 rounds.
How many employees does Lot Spot have?
As of 2021, Lot Spot had 5 employees.
Where is Lot Spot headquartered?
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.
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