Lot Spot
Valuation
$1.3M
2021 Revenue
$436.2K
Funding
$665K
Team
5
Founded
2015
How Lot Spot CEO Preston Hare grew Lot Spot 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 |
|---|---|
| 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 |
|---|---|---|---|---|
| 2018 | Convertible Note | $450K | - | - |
| 2017 | Angel Round | $215K | $2.9M | 7% |
Lot Spot Employees & Team Size
Lot Spot employs approximately 5 people as of 2026.
Lot Spot has 5 total employees in different roles and functions and 1 sales reps that carry a quota.
| Year | Milestone |
|---|---|
| 2021 | Reached 5 employees (April 2021) |
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.
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.
How many employees does Lot Spot have?
Lot Spot has 5 employees.
Where is Lot Spot headquarters?
Lot Spot is headquartered in United States.
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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.
Source Attribution
Source: all data was collected from GetLatka company research and founder interviews. Revenue, funding, team, and customer figures are presented as company-reported or GetLatka-estimated metrics where the profile data identifies them that way.
Company data last updated .